With technical analysis of recent price action signalling a possible breakout, several people are asking whether SHIB is ready for heavy explosive movement. But this may not be the case because there is a new coin that is ready to take the fun away from SHIB. Rexas Finance (RXS), an innovative platform designed for tokenizing assets is showing signs of a huge awakening of bulls which could be an alternative to SHIB.

Shiba Inu’s Potential Breakout

This formation which is mostly referred to as a falling wedge, is a formation that depicts a bullish reversal. If SHIB clears this current level of resistance, it may well green-light a swift increase in SHIB’s price. Some of the key levels which traders are looking at include $0.00001610, $0.00002010, $0.00002330, $0.00002940, and $0.00003420. These levels are also known as crucial resistance levels which the SHIB price needs to break above to keep the bullish momentum gained. Breaking these cages may lead to many further gains and as things stand right now, certain traders have even gone ahead to speculate that a long-term target of $0.00015 is not out of the realm of possibility. Among these competent traders, the trader notably Dexter has made a shocking stance stating that SHIB could hit that level although the market looks bearish. Currently, SHIB is based on the rate of about $0.0000142 exhibiting a rise of 8.36% over seven days which means there is still room for an extra lot of impressive growth. However, despite these encouraging signs, SHIB is not likely the only coin to watch out for.

Rexas Finance (RXS): The SHIB’s Alternative

Whilst the expected breakout of SHIB in the future is interesting, it is Rexas Finance (RXS) that has rapidly won all the attention in the cryptocurrency market. RXS is a platform that aims to change the passive asset management industry by simplifying the tokenization of real-world assets. The experts have also speculated that RXS prices can shoot high to replace Shiba Inu's (SHIB) future bullish movement.  Should the market temperatures increase as indicated by some market analysts, RXS could be bullish, relatively outpacing the SHIB price increment by 2500% making it a leading SHIB alternative. Out of 425,000,000 RXS tokens proposed for the entire presale, the first stage witnessed 15 million tokens sold at $0.03 total garnering $450,000. The second stage, at a valuation of $0.04, quickly sold all 20,000,000 tokens which fetched over $1.25 million. Presently, the third phase is going on which is currently pegged at $0.05, it has already recorded approximately $1.35 million. The launching contest of Rexas Finance also rewarded its users distributing 20 users together with the rest of the participation prize of $1 million in terms of a contest prize.

The Future of Tokenization

As per the opinion held by most people, tokenization is the most fundamental recent advancement within the field of blockchain technology which involves translating physical components into digital tokens. In this regard, by enabling individuals and organizations to make it easy to tokenize their assets, Rexas Finance and similar platforms stand to gain in unlocking fresh avenues in asset management. In addition, tokenized assets can be bought and sold around the clock. This makes the market more active and efficient which benefits not only individual investors but also the days when one has to rely on only the lone clients but larger institutional ones. With the increasing number of assets being tokenized, there is potential for exponential growth in this sector and Rexas Finance is strategically positioning itself to be dominant in this developing sector

Conclusion

Although the imminent breakout of Shiba Inu is still something that excites traders, one cannot turn a blind eye to Rexas Finance’s rise to prominence. However, for those who wish to ride the tokenization wave for the long term in terms of growth, Rexas Finance appears to be the SHIB alternative or a better run. RXS is gaining attention at an astounding rate focusing on the predictions of 2500% bull run profit. Be part of this movement to enjoy big gains through its bullish movement and innovative platform. 

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