Although Shiba Inu (SHIB) and Rexas Finance (RXS) are attracting attention in the cryptocurrency community, achieving a price of 0.001 USD for SHIB in the current cycle is a very ambitious goal and comes with many uncertainties.
Analysis of the potential price of SHIB reaching 0.001 USD
1. Strong burn rate:
SHIB is actively reducing supply through token burning, but with a circulating supply of over 589 trillion, even with the current high burn rate, reaching 0.001 USD would require a massive market capitalization, surpassing the entire current cryptocurrency industry.
2. Real demand and usage:
Shibarium, SHIB's Layer-2 solution, has recorded over 2 million wallets, indicating an increase in usage. However, for the price to rise significantly, SHIB needs to expand its real utility beyond just being a 'meme coin'.
3. Market volatility:
The current price of SHIB is 0.0000271 USD, meaning that to reach 0.001 USD, it needs to increase by more than 3,590%. In the context of cryptocurrency market cycles, this is not impossible, but it is very difficult to achieve in a short time.
About Rexas Finance (RXS)
RXS stands out due to its tokenization of real estate and clear utility approach in the DeFi space. With a successful presale, it could achieve higher growth, but investors need to consider the risks:
• Novelty: The project is still very new, so there is a significant risk if the profit expectation of 12,555% does not materialize.
• Legality and competition: Tokenization of real assets is becoming a trend, but RXS faces many larger competitors.
Conclusion
• SHIB: Achieving a price of SHIB at 0.001 USD requires extraordinary growth in both token burning and actual demand. This could be feasible in the long term if the Shibarium ecosystem expands robustly.
• RXS: This is a promising project but needs more time to prove its real value and effectiveness in the DeFi market.
Both have potential, but investors should thoroughly research and assess risks before participating.