Survey Reveals

November 25, 2024
·
4 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

Whale Investors Are Choosing This Cheaper $0.09 Token Over Dogecoin (DOGE), AD 4nXeC gkb9fDTdxQT7R1vlgcb0qWfHZDMtDGX3svt5H4fF39NQFy4upfX JdxzEtQJS3RZCklapDAWZqO52Q3PwBxXt1aQ88qOtFc Agoa5nGaYDG Ex6vQ8gaNd BiuohD9 UoEtg?key=nv8uE9QgFvQdI9V4sfgmUVl3

Driven by Bitcoin's explosive climb beyond $94,000, the cryptocurrency market has been humming in recent weeks. Dogecoin (DOGE) had a strong price surge in this more general movement, momentarily reaching around $0.42. But DOGE rapidly dropped down to about $0.39, maintaining its usual price volatility, so this gain was fleeting. These quick swings draw attention to the dangers connected to Dogecoin for many investors, particularly for those futures contract-based futures bettors.

Within a few hours, short selling worth about $ 6 million was closed out, underscoring the erratic trajectory of DOGE and its unpredictable fluctuations. Dogecoin is still a highly speculative asset prone to great volatility, notwithstanding its popularity and the backing of powerful people like Elon Musk. Those who give long-term development and stability a top priority, smart money investors are focusing more on younger, more creative blockchain initiatives. Rexas Finance (RXS), a token meant to solve the unexplored market of real-world asset (RWA) tokenization, is one such project that piques their curiosity.

Price volatility and market risks of Dogecoin

The latest price movement in Dogecoin highlights the dangers involved in meme-based Bitcoin investment. DOGE's volatility is indisputable even if it first climbed in line with the optimistic trend of Bitcoin. In just four hours, the market closed more than $25 million in DOGE futures positions; most of them came from short sellers startled by the unexpected surge.

For traders, this volatility results in an erratic environment whereby many suffer notable losses during market swings. Dogecoin's popularity may surely be attributed in great part to Elon Musk's support of it. However, his impact by itself could not be sufficient to maintain long-term value, particularly if the market develops toward more significant enterprises. Dogecoin's volatility exposes a risk smart money investors looking for sustainable development might not be ready to face.

READ MORE   The Best Cryptos to Invest In Before 2025 According to Experts: Dogecoin, Polkadot, and RollBlock!

Why Smart Money Investors are Moving Toward Rexas Finance (RXS)

Unlike Dogecoin, Rexas Finance (RXS) presents a fresh and creative strategy that is attracting more and more serious investors. Aiming to tokenize and democratize ownership of tangible assets including real estate, art, commodities, and more, Rexas Finance is positioned at the front of the expanding Real World Asset (RWA) tokenizing industry. Offering a real-world use case that appeals to both traditional and crypto investors seeking more than just temporary returns, this change marks a notable break from speculative assets like Dogecoin.

Rexas Finance's strong foundations, community-driven strategy, and innovative technology have helped it to acquire swift popularity in the crypto market. Rexas Finance has launched a presale, offering its RXS token straight to the community, unlike many blockchain initiatives dependent on venture capital funding. This has laid a strong basis for investor belief in the prospective value of the project and support. With its RXS token valued at just $0.09, Rexas Finance has raised over $12.4 million in its presale stage 7 as of writing; this makes it an appealing investment for anyone wishing to enter early before the price spikes. 

AD 4nXcLyUJw6 ujMF7TEd1eTV4zmsWrAaaHzz0 u8DDBoaIVFRUJjOZtf fJJ8GQ iouXhH1Bq8rRPgKJ36YRG 2iTaO2hrMev4 qnOb2fVKOAl0cxCt1dDQ5Z2RwfJi4pUxv4LLg KA?key=nv8uE9QgFvQdI9V4sfgmUVl3

Rexas Finance's emphasis on generating actual value using blockchain technology distinguishes it from speculative tokens like Dogecoin. Tokenizing assets gives liquidity and access to usually illiquid markets, hence opening a new universe of investing possibilities. Rexas Finance is meant to democratize the investment process and generate a new asset class through openness, security, and decentralization, therefore enabling asset ownership to a worldwide audience.

Furthermore, the expansion possibilities of Rexas Finance go beyond mere celebrity sponsorships or speculative trends. Rather, it appeals to the expanding market for real-world asset tokenization, one likely to experience major expansion over the next few years. Rexas Finance appeals to smart money investors seeking a blockchain project with longevity because of its emphasis on actual usefulness.

READ MORE   Dogecoin Millionaires Shifting Capital to New Low Cap Altcoin SMOG Before Binance Listing Sends it Skyrocketing 1000%

In conclusion

Although Dogecoin's volatility and celebrity-driven buzz continue to draw interest, many smart money investors are now concentrating on Rexas Finance. Rexas Finance presents a strong investment possibility that contrasts sharply with the speculative character of Dogecoin with its creative approach to RWA tokenization, strong community support, and real-world use case. Rexas Finance is likely to be a big participant in the blockchain scene as the demand for tokenized assets rises; smart money investors are seeing this as well.

Thinking of expanding into Africa?
Avoid the common mistakes businesses during expansion. Register to learn the common mistakes business make when expanding into Africa.
Itana Form (#91)

Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.

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

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.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

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.
Other Stories
43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier