The crypto market is still in the spotlight, as Dogecoin (DOGE) and Rexas Finance (RXS) demonstrate different trends. Dogecoin is still very active and well-known in the meme coin niche but Rexas Finance is not far behind with its revolutionary real-world asset tokenization system. However, Both coins are being watched by investors who are keen on knowing the potential returns for both coins as we approach the end of 2024.
Dogecoin Holds Firm Amid Volatility
Dogecoin which is trading at about $0.40 has been the most talked about in the market as it dropped to $0.34. Analysts say the recent trend is similar to the Dogecoin’s movement from 2019 and 2020. In that period, Dogecoin formed a double bottom pattern and then broke out from a descending channel to experience a sharp price rise. Similar patterns were observed during the bear markets of 2022 and 2023, where Dogecoin registered two bottoms, and then broke out of a descending channel. Prominent Analyst believes that Dogecoin could mimic the 2020/2021 price move which saw the coin soaring from $0.002452 to $0.08495 in a single move, which is an increase of over 3300%.%. If Dogecoin continues on this path, the analyst expects it to jump to $1 which is still rather speculative.
Rexas Finance Presale Breaks Records
While Dogecoin is still facing fluctuation in its prices, Rexas Finance (RXS) has emerged as one of the best coins to invest in. The presale demand for the RXS token was high since the price per token rose from $0.03 in Stage 1 to $0.15 in Stage 10, a 320% rise. So far, the sale has raised $31.5 million from over 369 million tokens and this is the final opportunity for investors to purchase tokens before prices rise to $0.175 per token.
The strength of Rexas Finance is found in its approach of allowing investors to tokenize real-world assets such as real estate, gold, and artwork. Many investors have been drawn to this innovation because the platform allows people to invest in assets with a global value of trillions of dollars.
The audit of Rexas Finance conducted by Certik has assured the investor’s trust and we can confirm that the platform is safe and secure. This is because Rexas Finance, in its quest to be listed on three major exchanges by 2025 and expand aggressively its ecosystem, will be a major player in asset tokenization. Other analysts also predict that the token will start trading at $0.20 and therefore it can be rather attractive to passive investors.
Market Outlook DOGE and RXS on Different Paths
Dogecoin and Rexas Finance are making headlines for different reasons at the moment. Dogecoin has become a speculative asset backed by a lively community and used in tipping and microtransactions. Its return to the upside past $1 will be influenced by wider market trends, the strength of the Bitcoin halving effect, and ongoing accumulation. In contrast, Rexas Finance’s strong presale performance and innovative real-world asset tokenization model have positioned it as a utility-driven project. The ability to tokenize assets like real estate and gold is attracting institutional and retail investors, signalling significant growth potential as it enters public markets. The crypto market is still capable of expanding and Dogecoin as well as Rexas Finance are profitable investment opportunities. As we approach 2025, investors will be eager to know if Dogecoins is capable of surging past and even crossing the $1 mark through the support of a community or if Rexas Finance will continue to climb the ladder as the leading force in the/decentralized asset management space.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
