Analyst Makes Bold Prediction for the 2024 Bull Run: Shiba Inu Won’t Dominate, Reveals SHIB Rival with 50x Bull Run Potential

September 15, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The anticipation of the 2024 bullish market has triggered one of the most respected analysts to make a jaw-dropping prediction: Shiba Inu (SHIB) which has been one of the best-performing meme coins probably won’t surge as it did before. Rather, the analyst talks about a new rival cryptocurrency that has the potential to go through a 50x bull run. Let us examine further why Shiba Inu is likely to slack and which new emerging altcoins could take center stage during the next crypto market surge.

Why Shiba Inu (SHIB) may experience a Decline in 2024

Shiba Inu (SHIB) arrived on the scene in the cryptocurrency world in 2021 with an extravagant expansion of about 10,000% growth by having a dog logo, large community members, memes endorsing it, and celebrities advertising it.

Despite the above problems which are not affecting SHIB as of now; analysts think that, against the next bull run, SHIB may encounter the following limiting factors:

  • New entrants: An increasing number of these new altcoins are emerging that have better use cases and other applications thus rendering speculative meme coins useless.
  • Diversifying Investor Appetite: More and More Investors Are Getting Into the Crypto Market, But Looking For Projects with real-world Applications, Where SHIB Might Be Left Behind.
  • Innovation stagnation: Even with the rollout of Shibarium, which is a Layer-2 Solution for Shiba Inu, the brand may face a hard time keeping the hype born with the initial debut of the project without new, innovative ideas and Information.

SHIB’s Competitor Which has 50x Bull Run Potential: Rexas Finance (RXS)

Rexas Finance (RXS), is one of the cryptocurrencies, which will be worth a lot more by 2024. This token is different as it is particularly involved in Real-World Asset (RWA) cases in which physical assets like real estate, fine art, and commodities are rendered into the blockchain.

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Key Reasons for Rexas Finance’s 50x Growth Vis a Vis SHIB:

  1. Real-World Utility: With SHIB, for instance, there is too much community focus, and therefore overreliance on hype, Rexas Finance however presents practical benefits by enabling investors to buy fractionals of expensive property or other assets. This real-world application will popularize the use of the App among institutional and retail investors.
  1. Tokenization of Real Estate: The process of development of marketable versions of real property is expected to turn into a multi-trillion dollar business and Rexas Finance has positioned itself ahead of that curve. The Rexas Token Builder enables users to leverage the tokenization of assets to be deployed for businesses and even individuals who have no skill or expertise in any particular field.
  1. Quick Presale Success: There were ticket sales of more than $200,000 in the stage 1 presale of Rexas Finance, hence it was sold off in three days. At this time, there is stage 2 where the token is selling at $0.04, and those who get in early are going to benefit remarkably when it hits exchanges. Analysts believe RXS could achieve such a gain, as this token is practically useful in the world and currently the market is developing towards RWA tokenization.

The Emergence of Utility and Usability-Based Cryptocurrencies

Rexas Finance is one of the utility-based cryptocurrencies that are threatening the likes of meme buzz coins such as the SHIB. Investors are paying more focus on projects that address a certain problem and with a real possibility of long-term growth. Other coins that are more inclined to DeFi, NFT as well as cross-border remittance are also likely to weather the storm of the next bull run with the current flush shift towards genuine utility.

Final Remarks: What Lies Ahead For The Bull Run Of 2024

Even if Shiba Inu is winning in the competition of meme cryptocurrencies it is evident that the next market run will be led by crypto tokens for utilities like Rexas Finance (RXS). 

With its traction in the real RWA market, high presale performance, and global RWA tokenization by use cases, Rexas Finance has become the most sought-after altcoin for a 50x return in 2024. Cautious investors seeking the next great altcoin should monitor RXS as it is poised to lead the next altcoin market surge.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

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

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

Telegram: https://t.me/rexasfinance

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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