Shiba Inu (SHIB) continues to capture the attention of investors, with technical and market trends pointing to a possible price rally toward $0.00008 by the end of December. The memecoin has shown resilience despite broader crypto market fluctuations, with increasing activity in token burns and ecosystem expansion contributing to its bullish outlook. Meanwhile, Rexas Finance (RXS), a new cryptocurrency currently in presale, is targeting a potential 12,075% price increase, further stirring interest in the crypto community.
Shiba Inu’s Rising Token Burns Boost Price Sentiment
The burn rate for Shiba Inu has rapidly increased over recent weeks, meaning the total amount of tokens available is lower than before. Data from Shibburn.com revealed that millions of SHIB tokens are being burned daily through the activities carried out on the Shibarium Layer-2 network and other facilities such as ShibaSwap. These burns are to create the perception of scarcity and improve the underlying long-term value. This comes at the same time that burn activity has increased and price appreciation seen from the token in the past days. SHIB is back trading at $0.00002542 after it fell as low as $0.000023 earlier this week.
According to the forecasters, if the burn rate rises still higher and the token heads upward then Shib could well touch $0.00008 before Christmas. However, the $0.000028 and $0.000032 resistance levels are still a problem for the token in the short term.
New Entrant Rexas Finance Targets 12,075% Gains
While all this is still in preparation for that big, giant leap for Shiba Inu, minds have stayed open to a similar cryptocurrency called Rexas Finance (RXS). The platform seeks to transform asset tokenization by enabling people to tokenize and invest in tangible assets such as real estate, precious metals, and art. Currently, RXS is in its 8th presale stage for 0.10 USD and has already reached $17 million.
This presale has already drawn interest for the concept and active investor base. First-movers have realized up to 3.33 multiple in returns from earlier stages. With market trends, the token can start after the ICO at $0.20 with anticipations of values crossing $10 in 2025. As institutional investors and retail traders turn their attention to it, RXS has a possible 12,075% return on investment.Meanwhile, Rexas Finance (RXS), a new cryptocurrency currently in presale, is targeting a potential 12,075% price increase, further stirring interest in the crypto community.
Shiba Inu and Rexas Finance Poised for Major Moves
Shiba Inu has consistently burned tokens, expanded its ecosystem, and identified bullish technical indicators that suggest the token might target $0.00008 soon. The memecoin remains well-supported by its enthusiasts and future projects such as Shibarium to drive its market run. At the same time, Rexas Finance is gradually establishing itself as a key player in the crypto sphere with the model of tokenization of real assets. Moving to the later stages of presale, increased awareness and the upcoming listing on exchanges may contribute to higher presale. As the year comes to a close, SHIB and RXS are expected to present investment opportunities for investors that may be of interest.
- Website: https://rexas.com
- Whitepaper: https://rexas.com/rexas-whitepaper.pdf
- Twitter/X: https://x.com/rexasfinance
- Telegram: https://t.me/rexasfinance
