The cryptocurrency market has seen a renewed surge in activity, with Shiba Inu (SHIB) and Rexas Finance (RXS) dominating discussions. SHIB’s burn rate has skyrocketed by over 1000%, while RXS is making headlines with its record-breaking presale and innovative ecosystem. Both tokens have captured buyers’ attention, raising questions about their future potential.
Shiba Inu (SHIB) Burn Rate Spikes as Buyers Eye $0.001 Target
The recent data from Shibburn shows that 51.76 million SHIB tokens have been burned within 24 hours, and its burn rate has risen 1068%. This weekly burn increased to 2.44 billion tokens combined with the reduced circulating supply of 589.25 trillion.
In Shiba Inu, this rapid supply reduction has created hope among token holders on the supply side that will result in possible future hikes in the prices given the principles of supply and demand. It is now priced at $0.0000271: Despite the recent intra-week fluctuations in price, SHIB has recorded a 16% weekly gain. According to Analysts, SHIB could aim for 0.001 USDT as market progression continues with burns and widespread use of the network.
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The Shibarium layer-2 network is also adding to this probability. From the time Shibarium was launched 16 months ago, it has amassed 2 million wallet addresses, which should indicate ongoing user engagement with SHIB. Data analysis of the token shows that 73% of it is held by large wallet addresses showing long-term holding.
REXAS Finance (RXS) Presale Raises $26.5M, Targets 12,555% Rally
Rexas Finance (RXS) has proven to be the most promising in the market since it is in presale and has now sold tokens worth $26.5 millionaire. The presale is in its 10th stage at the moment and the RXS token is currently available for 0.15 USDT. Consumers have high demand with 336.5 million tokens offered from the 380 offered for the stage.
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With a CertiK audit in place, RXS brings a safe and progressive environment for tokenized actual-world valuables. The key offering is to further fractionalize valuable real estate properties to allow for the creation of wealth that would not be tied to traditional crypto assets. It has also recently revealed a $ 1 million giveaway promoting the RXS tokens; a total of twenty participants will be rewarded with tokens with a face value of 50000 USDT each. This measure illustrates the project’s concern about the early participants’ reward and the community strengthening.
Why REXAS is Attracting SHIB Buyers
Rexas Finance is targeting the same buyers as other trending tokens, such as SHIB, due to its utility-focused approach. Unlike popular communities that rally support around meme coins, RXS has tangible utility through the ecosystem. Real estate tokenization, enabling the operations across multiple chains, and staking pools distinguish the platform and place it at the heart of decentralized finance.
In addition to the presale, it has been listed on the best crypto tracking sites, such as CoinMarketCap and CoinGecko. These listings enhance publicity as well as ease of visibility resulting in more buyers being able to monitor RXS performance. As it passes to the trading stage, the profound concept of the Knights & Dragons token may lead to the envisaged increase of up to 12,555%.
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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