Rexas has strong presale momentum, an ever-expanding community, and a clear path to success, which contribute to creating explosive growth as Shiba Inu (SHIB) did before. For more information on why Rexas has become one of the biggest new crypto projects today, continue reading below.
Shiba Inu Faces Major Whale Sell-Off
SHIB, however, is looking bleak as the token Shiba Inu faces the ominous trend of large holders, or whales, selling buckets of the token. Tallying 7.48 trillion SHIB sold off over the past 24 hours makes for a massive 712% increase in outflows compared to the day prior of 1.05 trillion SHIB. The main cause of these sell-offs is addresses holding at least 0.1% of SUPPLY of SHIB, signaling a loss of confidence among key members of the market. Net flow has turned negative despite inflows reaching 7.41 trillion SHIB, reversing from 2.86 trillion SHIB to -72.77 billion SHIB, showing bearishness in the market. SHIB has also been under pressure regarding its price performance, as the token nose dived 8.24% in the last 24 hours and settled around $0.000023. SHIB is in a significant sell-off and has brought the coin dangerously close to a critical support level as concerns grow of decline. Despite SHIB’s recent 80% rally from November, it couldn’t crack through recent local highs, resulting in a ‘double top’ pattern and the creation of two recent highs. The latter is significantly higher, which is usually seen as a bearish technical figure. The whipsaw in whale activity and technical indicators indicates a rising level of uncertainty regarding the near-term price action of SHIB.
Rexas Finance: A Rising Star in the Crypto Space
The presale performance of Rexas Finance has taken over the crypto world in numbers. So far, the project has completed Stage 7 of its presale and has already raised over $17.3 million. At the time of writing, Rexas is in Stage 8 and priced per token at $0.10, which presents an early opportunity for investors to purchase into a project that is well on its way to growth. Seeing each new presale stage attracting more and more investor interest, Rexas holds tremendous potential to become one of the top-performing cryptocurrencies in the upcoming days. Among those key differences is the fact that Rexas focuses on Real World Assets (RWA) meaning the platform can integrate real financial assets into the decentralized space. We combine the stability of traditional finance and the innovation of blockchain to create a unique edge for Rexas versus other cryptocurrencies. The project also incorporates zero-knowledge proofs for stronger privacy and security, as well as ensuring that transactions are both secure and scalable. Staking rewards is another standout feature for which users can earn a passive income by locking their tokens into the liquidity pools of the platform. Moreover, Rexas has also done a Certik audit, which assures the project is secure and reliable. This certification gives investors additional confidence they can invest in projects within the crypto space. Rexas has a strong foundation, and it is all about technical.
Avalanche (AVAX): Fast Transactions, a Strong Player
Another standout cryptocurrency is Avalanche (AVAX) with a special focus on scalability and speed. It provides the basis for developers to build decentralized applications (typically known as dApps) with high throughput and low transaction costs, with some of the scalability issues that Ethereum itself is struggling with. Right. Avalanche’s capacity to establish specialty blockchain networks, a feature called subnets, only adds to its attractiveness. Avalanche’s flexibility as a blockchain gives rise to an appealing choice for developers and users seeking a better, more flexible blockchain solution. Avalanche has strong technical features; however, its market growth did not grow faster than expected. Despite the network’s always growing, the token, AVAX, is competing with Layer-1 blockchains like Solana and Ethereum. Avalanche is a solid investment, but the real excitement is with the newer projects that are bringing something new and have great growth potential, like Rexas.
Chainlink (LINK): Leading the Oracle Space
Chainlink (LINK) has established itself as the number one decentralized oracle network, supplying real-world data to smart contracts. But it’s important: it allows the running of decentralized finance (DeFi) applications, insurance platforms, and other blockchain-based services. Chainlink has cemented tokens’ value through partnerships across different industries.
Chainlink is still central to the DeFi universe, but it’s slowed down lately. We are getting more and more competition with new oracles entering the market. Investors seeking growth may consider investing in Rexas; a combination of an innovative form and a clear roadmap of how the underlying brands can take advantage of new market trends.
Conclusion: Why Rexas is the Best Pick
Rexas Finance is a project that will truly make it to the top for 2024 as the crypto market keeps growing. When a presale has proven itself with performance, a solid backing, and a roadmap of real-world asset integration and the cutting edge of the blockchain, Rexas is standing on a podium to launch. If you are looking for a project that has immense potential to make the next crypto bull run, Rexas is the bet.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
