Dogecoin (DOGE) has faced heavy market resistance in the last 24 hours after they have declined by 5.35 percent to open the day at USD 0.44.
Rexas Finance (RXS), Dogecoin
In the last few hours, a large transfer of over 112 million Dogecoin (DOGE), worth approximately $48.7 million, has been sent to cryptocurrency exchange Binance. DOGE was not alone in taking transactional profit, as investors take profit from market pressures involving the cryptocurrency and others. In the meantime, Rexas Finance, a fast emerging blockchain project, is becoming a cause for concern as investors are looking at its unique tokenization platform. Anticipation is high that the RXS token will rise nearly, 19227% when it hits major exchanges. The shift means that DOGE whale holders are preparing to make huge profits out of the new asset tokenization frenzy.
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Market Pressure Hits Dogecoin as Whale Moves Founds
Dogecoin (DOGE) has faced heavy market resistance in the last 24 hours after they have declined by 5.35% to open the day at $0.44. This is happening while the rest of the market is selling off as well, which has caused quite a spike in liquidations throughout the crypto space. The unattributed wallet sent almost 112 million DOGE to Binance, according to blockchain data tracker Whale Alert, which leads people to ponder whether a large volume of liquidation or strategic repositioning is taking place. Investors have expressed worry as a market wide profit taking trend has caused most large cap cryptocurrencies to bleed red. Dogecoin’s price decline is in tune with the general trend, but Dogecoin’s whale activity is a definite focus. Dogecoin’s large transactions increased by 41% in the last 24 hours, hinting large players are repositioning their portfolio, say, away from DOGE and to other promising ventures such as Rexas Finance.
Rexas Finance brings a new revolution to Asset Tokenization
On the contrary, while Dogecoin battles with the right horn of the market pressure barbell, Rexas Finance is gaining tremendous attention by tokenizing real world assets. With Rexas Finance, you can tokenise tangibles such as real estate, commodities, and art and be able to sell these on the blockchain. The platform offers traditional and crypto investors access to a range of new possibilities by digitizing these illiquid assets. Its growing popularity is reinforced by the project’s rapid presale success. Rexas Finance has raised over $26 million already and presale stage 9 is now sold out. The token RXS, the platform's token, is available at $0.150 per token and is currently in presale, and with all the exchange listing that is the next stage, it's expected to generate a huge demand for the token. RXS may have to go through a parabolic price rally of up to 19227% once its token is listed on popular exchanges like CoinMarketCap and CoinGecko say experts. Unlike other blockchain projects with quicker transaction speeds but not as serious about bridging the gap between traditional and digital asset markets, Rexas Finance is focused on traditional high value assets and tokenizing them. Rexas Finance, the combination of real world assets and blockchain are what makes it competitive. The service taps into a trillion of dollars worth market that appeals to both experienced and newcomer crypto space investors alike.
The Growth of Rexas Finance Strong Community Support Fuelled
In addition to drawing attention for its innovative technology, Rexas Finance is also getting attention for strong community support. Demand for the RXS token will probably grow as the number of investors who understand the platform’s potential increases. The project’s community driven approach has led to impressive presale and excitement throughout. As it gears up for forthcoming exchange listings and sees its presale momentum continue, Rexas Finance is set to redefine the asset tokenization area. Rexas Finance is one of those projects that leads the transformation in traditional asset markets towards blockchain adoption.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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