Why is Dogecoin Still Far From USD100 Billion Market Cap Despite 2024 Gains, and Could Rexas Finance (RXS) Beat It to the Mark?

21 January,2025 05:15 PM IST |  Mumbai  | 

Rexas Finance (RXS)


Dogecoin, a widely recognized cryptocurrency, gained significant attention in 2024 after a strong run to nearly cross the $0.50 mark. Despite this achievement, it remains far from reaching a $100 billion market cap, currently at $49 billion. Factors like price resistance, bearish trends, and technical weaknesses have kept its growth in check. Meanwhile, Rexas Finance (RXS) presents itself as a promising contender in the crypto market, aiming to achieve substantial milestones through its real-world asset tokenization and potentially beat DOGE to $100 billion.

Dogecoin's Challenges

Dogecoin struggled to maintain upward momentum after breaching the $0.40 resistance. The cryptocurrency encountered a sharp decline, falling below critical support levels at $0.3650 and $0.350. This movement pushed DOGE into a new trading range, with support stabilizing around $0.3143. Bearish trends continued, with its price trading below the 100-hourly simple moving average, signaling resistance at $0.3350 and $0.3400. Technical indicators further highlighted the challenges. The MACD showed growing bearish momentum, and the RSI remained below 50, suggesting limited buyer interest. Recovery hinges on breaking through the $0.3350 and $0.3420 resistance levels, but the path to a $100 billion valuation looks steep without sustained bullish sentiment.

Rexas Finance Bridging Blockchain and Real-World Assets

While Dogecoin faces hurdles, Rexas Finance (RXS) is transforming the crypto market through its innovative ecosystem. At its core is real-world asset tokenization, allowing users to buy or sell physical assets like real estate or gold with ease. Investors can acquire full or fractional ownership of properties globally with a single click. For instance, someone in Asia could own a share of a European apartment and earn rental income without leaving their home. The Rexas Token Builder simplifies tokenization, enabling users to digitize assets seamlessly. The Rexas Launchpad further supports creators by providing a platform to raise funds for their tokens. These tools position RXS as a leader in bridging the gap between physical assets and blockchain technology.

Key Features and Milestones of Rexas Finance

Rexas Finance offers a suite of cutting-edge tools, including the Quickmint Bot, GenAI, and AI Shield, which integrate blockchain with artificial intelligence. These features bring unparalleled efficiency to token creation, trading, and security. Rexas Estate, a dedicated platform for real estate tokenization, enhances accessibility, letting users invest in global properties effortlessly. The project's presale has been a resounding success. Ten stages sold out quickly, raising $33,125,000, with the eleventh stage pricing RXS at $0.175 per token. To date, the presale has amassed $38,162,763. The decision to opt for a public presale instead of VC funding underscores the team's commitment to inclusivity, allowing everyday investors to participate in this revolution. RXS also boasts strong tokenomics, with a total supply of 1 billion tokens allocated for marketing (3%), liquidity (15%), treasury (10%), staking (22.5%), and other strategic purposes. Certified by CertiK, RXS ensures security and reliability, further enhancing investor confidence. Additionally, it is listed on CoinMarketCap and CoinGecko, platforms that bring significant visibility and credibility in the crypto market. To engage the community, Rexas Finance has launched a $1 million giveaway. Twenty winners will receive $50,000 each in USDT. Participants can increase their chances by completing specific tasks and referring friends.

The Road Ahead

With Dogecoin grappling with technical resistance and bearish trends, Rexas Finance's innovative approach and rapid growth position it as a strong contender to outpace DOGE in market cap. By connecting real-world assets to blockchain networks, RXS offers practical applications and investor appeal. As RXS presale progresses, the token's value is projected to climb, with expectations of reaching double-digit figures by 2025. This potential makes it an attractive choice for investors seeking high returns. The current stage of the presale provides an ideal entry point, emphasizing the urgency to act now.

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

Disclaimer:The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other form of advice, and you should not interpret any of the Website's content as such. Midday does not recommend that you buy, sell, or hold any cryptocurrency. Please conduct your own due diligence and consult with a financial advisor before making any investment decisions. Midday does not endorse or promote any such activities, and you access them at your own risk, fully understanding the monetary and legal consequences involved. Midday shall not be held responsible for any losses you may incur as a result of using any such apps or websites. Cryptocurrency products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for losses resulting from such transactions.

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