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With bulls looking at a possible $50 billion market cap, a 42% rise from its current $29 billion, by the end of November, Dogecoin’s recent price increase has sparked interest in the cryptocurrency once more. This amazing performance is driving debates on the wider consequences for the meme coin industry and possible influence on other digital assets. Apart from DOGE investors, the movement is generating waves across the market, especially in two other trending coins, Rexas Finance (RXS) and Shiba Inu (SHIB). With SHIB looking to follow DOGE’s route and RXS showing promise as an investment, both coins are attracting interest for their growth possibilities. Should investors jump on Rexas Finance and SHIB now?
Why Shiba Inu (SHIB) Could Follow Dogecoin’s 2024 Surge
Shiba Inu (SHIB) has been displaying signs of a potential rally, ready to profit from the surge in Dogecoin. With a 3.4% increase in the previous 24 hours, SHIB, which is currently trading at $0.00001908, shows technical setup suggesting a more notable climb. Alex Clay, a market expert, notes on SHIB’s chart a completed “Descending Broadening Wedge,” a bullish formation that has already produced a breakout over the important $0.00001833 threshold. Representing a 100%+ increase from current prices, Clay’s projection targets the 0.382 Fibonacci retracing level at $0.000037 as the first important milestone. Though increased selling pressure at that level is likely, the second goal, the 0.618 Fibonacci retracing level at $0.00005, shows a possible climb of nearly 200%. Given the recent DOGE surge to $0.2 and an election year driving market mood, SHIB could be set for a multi-fold surge in November.
Rexas Finance (RXS): The Next Coin to Rally
One particularly strong competitor for investors looking for the next great prospect is Rexas Finance (RXS). Rexas Finance introduces a novel concept to property acquisition and management. It tokenizes real-world assets (RWAs) such as real estate, gold, and artwork, removing the need for high initial costs. This allows for fractional ownership of tangible assets by both institutions and regular investors. Rexas Finance has chosen a public presale approach instead of many projects depending on venture capital money, enabling a larger community to participate and building long-term loyalty. With the project seeing fast growth from $0.03 in its first presale stage to $0.07 in Stage 5—a 130% increase within just two months after its introduction on September 8—this calculated move has paid off. Currently, in Stage 5 of its presale, RXS sells at $0.070, with over 117 million tokens sold and $6 million raised so far.
With its most recent listings on CoinGecko and CoinMarketCap, Rexas Finance is already becoming popular and has an increasing reputation for possible investors. These listings help traders monitor the success of the token, increasing investor confidence and speeding up market involvement. A further appealing incentive for early adopters to join the initiative is its $1 million giveaway, whereby 20 top participants will get $50,000 worth of RXS apiece. Rexas Finance is positioned to draw investors seeking strong returns with plans to combine cutting-edge artificial intelligence technology and extend its DeFi offers. A good ascent through presale stages and forthcoming official listings on three of the top 10 exchanges globally could help RXS move towards a price range of $2–$5.00 in a bullish market, a remarkable increase for early investors. This explains why RXS is a must-have cryptocurrency this November.
Conclusion
Dogecoin seeks a $50 billion market cap, so the optimistic wave is likely to bring more meme coins and creative ideas along. Given its technical patterns and market potential, Shiba Inu could make major returns alongside DOGE this November. Meanwhile, Rexas Finance presents a great investment opportunity with its smart offers and fast presale growth. Investors should monitor it closely as it moves from presale to more general market acceptance, potentially yielding exponential gains.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
*This article was paid for. Cryptonomist did not write the article or test the platform.