Tag: ignite

  • Bitcoin’s journey to $120,000 could lift Solana to $624 and ignite a rally to $6.50 for this $0.125 SOL competitor

    Bitcoin’s journey to $120,000 could lift Solana to $624 and ignite a rally to $6.50 for this $0.125 SOL competitor

    Bitcoin’s impressive climb towards $120,000 is set to create ripples across the crypto market, with Solana (SOL) projected to surge to $624 according to some analyst forecasts. Amid this rally, Rexas Finance (RXS), a rising competitor to SOL, could offer a golden opportunity for investors. Currently priced at just $0.125, RXS could be primed to ride the market wave, potentially reaching $6.50 as its innovative tokenization solutions gain traction. With its Certik audit and upcoming Tier 1 exchange listings, RXS stands out as a low-cost altcoin with massive growth potential. 

    Rexas Finance (RXS)

    Solana (SOL) competitor Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities.

    Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market.

    Rexas Launchpad: This feature helps the asset owners raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users.

    Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins.

    Rexas GenAI & DeFi: It is mainly utilized by artists who can use Rexas GenAI to develop and tokenize digital artworks, while Rexas DeFi allows users to swap digital assets across multiple networks with ease.

    Rexas Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, which adds one more layer of financial utility to the project.

    Furthermore, Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $21.7M until now, with 90% of the 9th presale stage over. This event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization.

    Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.125 and a projected listing price of $0.20 indicate a good opportunity for investors. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko. Furthermore, Rexas Finance (RXS) has the potential to be listed on Top 3 Tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. 

    About Rexas Finance (RXS)

    Rexas Finance is the users’ gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless.

    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

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  • Can this Shibarium milestone ignite SHIB?

    Can this Shibarium milestone ignite SHIB?

    • Shiba Inu (SHIB) price rose as Bitcoin and altcoins reacted to Grayscale’s win against SEC. 
    • Meanwhile, Shibarium’s wallet count has hit 336k to suggest sentiment flip after recent hiccups for the SHIB-backed Ethereum layer-2 platform.

    Bitcoin’s jump to highs of $28k after Grayscale Investments’ win against the US Securities and Exchange Commission (SEC) on Tuesday ignited a brief rally for cryptocurrencies.

    As the crypto industry celebrated yet another blow for the SEC, this time around its continued denial of a spot Bitcoin ETF, tokens such as Shiba Inu mirrored major altcoins in trending higher.

    Shibarium wallet count spikes to 336k

    Shiba Inu’s SHIB, which had recently dropped to lows of $0.00000064, jumped to above $0.00000083. The trading volume for the meme coin – Shiba Inu is looking to shed this tag after a major development in its ecosystem – rose 50% in 24 hours to over $182 million.

    The flip in sentiment for SHIB also came as the Ethereum layer-2 platform Shibarium, which is backed by the native SHIB token, experienced a spike in new wallet addresses.

    On-chain data shows the platform’s resumption after a shambolic launch is likely driving interest among retail investors. The total wallet count for Shibarium has swung in less than 48 hours – from just over 100,000 to more than 336,000. 

    Also notable is the transaction count, which has also increased significantly after daily transactions plummeted from 132,000 on August 25 to nearly 40,000 on August 27.

    According to Shibariumscan.io, daily transactions have inched up to nearly 80,000, with the total transaction count currently at over 529k as of 9 am ET on August 30.

    SHIB price prediction

    Can bulls ride the growth in daily transactions and addresses to push this altcoin‘s price higher? 

    While other market conditions could dictate price direction, analysts see the positive market reaction to Grayscale’s win against SEC as a watershed moment likely to see further upside triggers. SHIB holders (like this one) are excited about Shibarium’s key milestone – and that could tell in short term price movement. 

    SHIB bulls however need to hold support at $0.0000075 to avoid ceding ground to hungry bears. If this happens, primary resistance would be near $0.0000009, a key hurdle formed after the sharp sell-off seen on August 17.

    The flip side would be for the SHIB price to fall below $0.00000070, in this case opening a downward path for bears to target lows of $0.00000061.



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