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Reading: This token will soar, and it may dethrone the DOGE bull in its next run.
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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > This token will soar, and it may dethrone the DOGE bull in its next run.
Cryptocurrency News

This token will soar, and it may dethrone the DOGE bull in its next run.

Last updated: September 22, 2024 2:59 pm
By Michelle Whelan 5 Min Read
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Dogecoin has led the meme coin market for years. This is thanks to community contributions and celebrity contributors like Elon Musk.

Contents
Dogecoin: why is investor interest declining in the long-term?Rexas Finance RXS: the token that can dethrone DogeRexas Financial $1,000,000 CompetitionDogecoin – Is the Dogecoin Era over?

As the crypto-world continues to evolve, DOGE’s dominance is being questioned as many new tokens are gaining popularity and offer useful applications.

Rexas Finance is a desperate index, which with the correct conditions, will replace Dogecoin, and more. It could go from under $0.04 up to $20 during the next bull market.

Dogecoin: why is investor interest declining in the long-term?

Dogecoin’s success as a meme currency is well documented. Its sales are based entirely on celebrity comments and social media spins.

It is however, faced with several factors which could push its current price below $0.10.

  • Use case limited: The majority of the use of DOGE is merely petty tactics for marketing and “tipping” with no attempt to ring-fence any DeFi/NFT developments. It is not possible to create an ecosystem for long-term sustainability.
  • Dogecoin is a hype-dependent currency. The value of Dogecoin comes primarily from its users and their supporters, who are often celebrities. Once this celebrity attention decreases, Dogecoin may lose market share.

Rexas Finance RXS: the token that can dethrone Doge

Rexas Finance is different from Dogecoin in that it tokenizes Real-World Assets. This provides another use case for the crypto-world, as investors can tokenize items like homes, commodities, art and more.

RXS has a greater utility than speculative coins such as DOGE.

Rexas Finance: Key Reasons Why it Could Outpace DOGE

  • Rexas Finance is a real-world app that converts valuable assets to Tokens. This project allows investors to invest by purchasing a portion of an expensive item, opening up opportunities previously unattainable.
  • RXS has a high growth potential. It is currently trading at $0.04 and is still in the early stages of development, despite having presaled over $970,000. Rexas Finance could reach $20 in 2025 according to some financial analysts, which would give early investors a 70x return.
  • Rexas Finance has built a pioneering ecosystem, with tools like the Rexas Token Builder Tool for auditing smart contracts and AI Shield. It is a token with a function that goes beyond lobbying to get adoption.

Rexas Financial $1,000,000 Competition

Rexas Finance is holding a giveaway of $1,000,000, where 20 winners will each receive 50,000 USDT.

Participation:

1. Send your ERC20 address to the Giveaway: To register for this giveaway, you can use your ERC20 address.

2. Take advantage of Rexas Finance’s courtesy and complete the Quests. This will increase your chances of winning.

3. Input the details of your friends to receive bonus entries: You will get +15 extra entries per referral, which increases your odds of winning any one of the prizes worth 50,000 USDT.

Investors have a great opportunity to get involved in the new Blockchain initiative, and to also be able to win a prize that can change their lives.

Dogecoin – Is the Dogecoin Era over?

Analysts believe that although Dogecoin will likely remain the leading meme coin, it is not without its drawbacks. Its lack of use in everyday life and excessive reliance on speculations makes it vulnerable to being replaced by other projects such as Rexas Finance.

RXS, with its asset-backed cryptocurrency, is targeted at a mass market and has a low initial price. The token’s future value can be as high as $20.

Visit the following links for more information on Rexas Finance RXS:

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

The post This token will soar, and overtake DOGE during the next bull market? This post appeared first on The ICD

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Previous Article Chris Burniske, an investor and crypto expert, says that the asset class is in a favorable position as it emerges from ‘early bull’ reset.
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