Dogecoin (DOGE) lost steam on the way down failing to clear the $0.4602 resistance however, appeared to have gained momentum on the way up for an initial retracement. Large transactions over $102 million (£79 million) worth of DOGE have drawnholders’ attention, especially large transactions. The amount of currency in all crypto is very small, and given how much these market conditions have changed, some think that Dogecoin could have as much as a 15444% rally in it, and could take a top 15 spot by 2025. Another entrant into the market that has drawn investors’ attention in the crypto space is Rexas Finance (RXS) which has grown by 233% since it was established.
Dogecoin whales have been moving around large amounts of the cryptocurrency in recent days, indicating heightened market activity and positioning. There are reports of over 249 million DOGE, around 102 million USDT, being sent between the biggest trades and exchanges. Thus, this activity could quite possibly be an early indication for a potential breakout in Dogecoin’s price since whales tend to set the scene for much bigger market changes.
https://x.com/Thecryptomist/status/1863995317340803250
However, Technical indicators also support this hypothesis. As Dogecoin finalizes around the 0.40 USDT mark, it may be just the jumpstart of a major going even higher. The cryptocurrency would be looking at higher levels such as 0.65 USDT should the price can break key resistance levels at 0.45 and 0.50 USDT. That price spike would be another crucial phase of Dogecoin’s third rally similar to what was observed in late 2017 and early 2021..
While Dogecoin is still seen as a meme cryptocurrency supported largely by a community, Rexas Finance (RXS) is on the way to becoming a top player in the crypto market. Rexas Finance will begin operating soon and has a different approach to tokenization. By using a platform that allows users to tokenize and sell these assets, financial products become linked between blockchain technology and the real world such as non-negotiable assets, and property. However, Rexas Finance is showing impressive growth. The price of RXS tokens has surged by 233% since the presale began, moving from 0.03 USDT to 0.10 USDT in just under three months. Furthermore, the ongoing presale has now entered its eighth phase, with tokens priced at 0.125 USDT. With a planned listing price of 0.20 USDT in early 2025, early participants stand to benefit from substantial returns. As of now, Rexas Finance has raised approximately 21.7 million USDT in presale funding, reflecting strong investor confidence.
Dogecoin and Rexas Finance position themselves to experience huge rallies in 2025 as the crypto market continues to increase. Crypto experts recently suggested Dogecoin could skyrocket by 15,444% in the next months, climbing to new highs and perhaps even entering the top 15 cryptocurrencies by market cap. Moreover, Rexas Finance will be a critical part of the future of asset tokenization. This is on a strong growth trajectory given the presale results it achieved and its ability to apply blockchain technology to real investments. Recently, RXS has attracted the attention of both retail and institutional buyers after a security audit was done by Certik.
https://x.com/rexasfinance/status/1857692542290059502
The upcoming years are expected to witness the emergence of DOGE and RXS in the region before the start of 2025. Through meme-driven popularity, Dogecoin continues to ride the wave, but Rexas Finance’s emphasis on real-world use cases provides an attractive avenue for those who desire less hype in their investments. Both would attempt to grab the attention of holders and buyers looking to reap from the next big surge in the market in the coming months.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance