Shiba Inu On-Chain Data Shows SHIB Smart Money Investors Accumulating New Coin Predicted to Explode 16950%

/Rexas Finance/ – Shiba Inu (SHIB) holders are watching the market closely as on-chain data reveals that smart money is accumulating the token. Amidst this, a new altcoin, Rexas Finance (RXS), has entered the spotlight, with predictions that its price could surge by an astonishing 16,950%. As SHIB faces a critical moment in its trend, both SHIB holders and prospective buyers are turning their attention to these developments.

Shiba Inu: Smart Money Accumulation

Recent trends for Shiba Inu based on numbers from its blockchain suggest that large investors, or “smart money,’’ are finally awake. These holders have been buying SHIB, even when its price has recently exhibited downward trends. Self-custody wallets holding a large number of SHIB tokens are accumulating more tokens as identified by on-chain data, which suggests that these holders might be waiting for a rally to happen according to data.

Currently, the price of the Shiba Inu token is trading at approximately 0.000028 USDT. Although it fell by 3% in the last 24 hours, the token has been on the rise for the past month gaining more than 15%. However, it is noteworthy that the increase in large holder addresses may be an early sign of accumulation in which case SHIB remains on track for a reversal to previous highs. Conversely, the continuous burn rates of the Shiba Inu tokens have also influenced this new positive sentiment in the market. An increase in the burn rate above 3,700% contributing to the creation of concrete scarcity may push the demand. Due to limited circulating supply, the community behind SHIB still expects a massive pump soon.

Rexas Finance A New Contender for Explosive Growth

However, Shiba Inu continues to be in the limelight and a new cryptocurrency called Rexas Finance (RXS) is a new entrant which has created a phenomenal pre-sale run. Rexas Finance has now launched its presale and it has generated over $28 million, which proves the demand. This platform is focused on tokenizing real-world assets, therefore, the platform claims to be at the forefront of the development of decentralized finance (DeFi).

Rexas Finance (RXS) has soared to new heights, successfully raising an incredible $28 million in its presale! As momentum builds, RXS continues to position itself as the future of tokenized assets, crypto innovation, and altcoin potential.

With its Certik-audited security and… pic.twitter.com/BkTYifYIjp

— Rexas Finance (@rexasfinance) December 13, 2024

RXS can be purchased at approximately 0.022 USDT in its present presale stage. But its price is predicted to be much higher and certain estimates say that it may even rise by as much as 16950%. The project has recently undergone a security audit by Certik, an independent blockchain security firm, which has increased investors’ trust among potential buyers. Also, due to listing on several Tier 1 exchanges soon, RXS is expected to post better price action in the coming future. The overall growth of Rexas Finance reflects the trends of an increasing interest of buyers in new promising tokens on the cryptocurrency market. That RXS has the potential of being popular when it goes to the exchanges is evident from the high uptake of presale.

SHIB and RXS Divergent Paths but Similar Potential for Future Rally

Both Shiba Inu and Rexas Finance are attracting attention for different reasons. While SHIB’s price movements are largely driven by its meme coin status and community-driven momentum, RXS is gaining traction through its innovative approach to asset tokenization. Despite the differing focuses, both assets share the potential for significant price movements as buyers position themselves for future rallies. For SHIB, the combination of an increasing burn rate, accumulation by large holders, and general market optimism suggests that it may be on the brink of a significant rally. On the other hand, Rexas Finance’s presale success and strong project fundamentals point to the possibility of a major surge in the coming months. Both tokens are positioning themselves for a potential surge, and buyers are keeping a close eye on the developments in each project. As market conditions evolve, both SHIB and RXS could experience significant price movements, with SHIB potentially nearing a recovery and RXS standing out as a new player with a promising future.

For more information about Rexas Finance (RXS) visit the links: Website, Whitepaper, Twitter/X, Telegram.

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