Press Release

Snub DOGE? Dogecoin’s Mixed Signals Could Cost You, Consider These 3 Alternative Cryptos

Dogecoin is once again in the spotlight as it gains momentum in early May 2025. Yet despite signs of bullish activity, the meme coin faces uncertainty at key resistance levels. While optimism builds around the potential approval of a DOGE ETF, other cryptocurrencies such as Solana (SOL), XRP, and Rexas Finance (RXS) are showing stronger technical setups, institutional interest, or real-world use cases. For investors looking for growth opportunities beyond memes, these three altcoins are gaining attention.

Dogecoin Holds Momentum but Faces Resistance

Dogecoin rose more than 5% in the past 24 hours, trading near $0.18. This came about at a time when whale wallets held more than 100 million DOGE in one week, as reported by Santiment. Moreover, the trading volume of DOGE futures increased from $1.31 billion to $1.88 billion, which also showed increased trader participation. However, DOGE is still confined in an area that ranges from $0.19 to $0.20. Hence, it will be crucial to overcome this junction decisively in order to open the path to further increase. If so, it may decline to $0.13 to $0.10 support. Other indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) have not given clear signs of a bull run yet. Dogecoin has a 68% likelihood of getting approval in 2025 based on its existence on the polymarket. However, failure to clear these levels validates that fluctuation in price will continue to occur.

Solana Eyes $250 After Breaking Resistance

Solana is showing solid performance, trading at $150 after gaining 20% in April 2025. The network recorded more than 1.2 million active addresses, while 71% of the circulating supply is staked, suggesting strong investor confidence. From the analytical perspective, Solana is trading above the descending trendline and is displaying a V-shaped bounce pattern. According to analysts, SOL can increase towards $250 if it manages to cross the $160 level. The RSI is still in the proper zone at 58.3 and the MACD has formed the bullish crossover. Analysts now estimate a 90% chance of a spot Solana ETF approval in 2025. Such an approval would likely accelerate institutional interest and support SOL’s continued price growth.

XRP Approaches Breakout as ETF Odds Improve

XRP is near the $2.20 level and is above the key moving averages of both 50-EMA and 100-EMA. Technical analysts have observed that it is in the process of creating an inverted head and shoulders formation on the chart and this is a positive development. If such a breakout happens, the cryptocurrency is set for $2.70-$2.90 and a major aim of $3.00. That is why the technical analysis of the situation suggests the presence of an upward trend: the MACD line has crossed the signal line. Currently, XRP has an 85% chance of getting approved as an ETF after the recent changes at the SEC. Although the social popularity score has declined in recent weeks, fundamental & technical analysis indicates XRP is poised to do well in the coming months.

Rexas Finance Leads with Real-World Value and Strong Presale Demand

With Rexas Finance (RXS), users can convert real-world assets, including real estate, commodities, and even art, into tokens, changing the landscape of tokenization. These tools are used in the platform where one can create tokens without coding under the Rexas Launchpad, Token Builder, and QuickMint Bot. By May of the year 2025, it has been realized that Rexas has completed its Stage 12 presale and is now worth over $48.3 million. It is currently priced at $0.20 and will have an initial cost of $0.25 upon its launch on June 19, 2025. It has a limited circulating supply of one billion tokens, a deflationary structure, and a passed Certik audit, which ensures that it targets both retail and early institutional demand.

https://x.com/rexasfinance/status/1914772510186594415

Analysts predict Rexas will reach a value of $30 by 2025 as its applications expand across industries that plan to grow from $50 billion to over $16 trillion by 2030. The value-driven approach of Rexas surpasses meme coins through its meaningful real-world applications and revenue generation potential.

  • Website: https://rexas.com
  • Whitepaper: https://rexas.com/rexas-whitepaper.pdf
  • Twitter/X: https://x.com/rexasfinance
  • Telegram: https://t.me/rexasfinance

 

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