Shiba Inu (SHIB) continues to garner attention as new bullish signals appear and whales begin to actively engage, encouraging high expectations. This comes as SHIB establishes a technical pattern that took the token on a historic 7,000 % price rally on its last bullish run. Alongside, the increasing use and novel ecosystem attached to it, the token seems to have all the potential for unprecedented rise. Still, other projects such as Rexas Finance (RXS) have been trending by establishing real-world asset (RWA) tokenization services to provide fresh earning prospects to investors.
Shiba Inu’s Price Patterns Point to Bullish Potential
Shiba Inu had only formed the “cup and handle” formation on the daily chart which is a bearish pattern in the short term. This technical signal which is normally accompanied by huge price increases is backed up by SHIB’s placement at 50 percent Fibonacci retracement level. The first step needed to create a breakout is to have the price cross above the critical resistance at $0.000030. If successful, analysts expect the token to start setting targets of $0.000039 and $0.000047. To this, SHIB has also recently recorded what is known as a “golden cross” on October 31, when the 50-day exponential moving average crossed over the 200-day. In the past, this pattern has usually occurred before a rally begins. The last Golden Cross event was recorded in 2021 with SHIB up 7,000% to its highest value ever. The same level of strength could see the token recover lost grounds and possibly challenge this month’s high of $0.000030.
Whale Activity and On-Chain Metrics Support Growth
The data reveals that large SHIB transactions valued above $100,000 have risen 148% which is suggestive of whales’ activity. This week the trading volume exceeded $310 million in SHIB tokens in the last 24 hours, which indicates increased engagement among whales.This is an indication that the market is still nascent since while others have been pulled back, there are signs that whales could be accumulating for a higher price in the coming future. This is an indication that the market is still nascent since while others have been pulled back, there are signs that whales could be accumulating for a higher price in the coming future. However, new additions such as the Shibarium layer-two blockchain network have contributed to Shiba Inu’s utility. Shibarium has facilitated over 550 million transactions, and some of the transaction fees are being used to remove SHIB from circulation. Possibilities of price increase are also supported owing to the deflationary mechanism by the fact that more than 410 trillion tokens have been burned since the protocol’s creation.
Rexas Finance (RXS): A High-Return Alternative for Investors
While SHIB garners attention for a breakout, there is RXS, the fresher take on meme coin with astronomical possibilities and liberal increases in our case. It targets the tokenization of physical objects so that, for instance, individuals can invest in a property without having to buy the whole property. This transformation of ownership through blockchain makes RXS a versatile organization with usefulness and novelty.
https://x.com/rexasfinance/status/1860956467815153677
Currently in the seventh presale stage, at present, RXS token has been priced at $0.09 per token and it is expected to arrive at $0.20 at the tier-one exchange. Early investors have already got their money back at over 200% and experts estimate a possible 150 times increase by late 2025. However, if RXS hits these targets, the token may hit significantly high returns of up to 14,076% depending on various market factors, which could be compared to some of the immensely popular cryptocurrencies.
The Path Forward for SHIB and RXS
Shiba Inu and Rexas Finance are both relatively new memecoins that have the potential for more growth but through different approaches. Regarding chart formation, SHIB suggests the possibility of a 7,000% surge just like before, based on fresh patterns of bullish formation and whale activity, while RXS revolutionizes the traditional market through the tokenization of real assets. These tokens offer interesting investment possibilities for companies that aim to expand in a risky but potentially highly lucrative field of cryptocurrencies.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
