Shiba Inu (SHIB) Held Since 2020 Moved for the First Time, Investor Sells for Trending Rival Coin Set to Skyrocket 40x—Priced Below $0.10 Today
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The phenomenon of Shiba Inu (SHIB) is crystal clear about enormous profit potential but in equal measure how important it is to be deliberate in one’s investment decisions concerning cryptocurrencies. An investor who held Shiba Inu (SHIB) since 2020 relocated his funds to this coin which is set to boost 40 times.
The Rise of Shiba Inu (SHIB)
Aimed at being a decentralized counterpart to Dogecoin (DOGE), SHIB has however found itself becoming a hot commodity for many retail investors who hoped to hit the jackpot and become financially independent. What many did not realize was that SHIB would indeed prove to be very rewarding in the succeeding years.
Had anyone invested $1,000 on SHIB in August 2020 and held the tokens over the next three and a half years without selling at the extreme highs and extreme lows, the investor would have made a jaw-dropping profit of 1,119,587%. This type of investment would look now at a respectable $11 million.
Nonetheless, these SHIB holders’ cashing in has been in response to recent price fluctuations in the market which have led some holders to take their large returns and redirect these to newer and younger coins capable of achieving the success SHIB has enjoyed.
SHIB Investor Sells for Rival Coin Priced Below $0.10
One early SHIB holder, however, decided that now was the time to exchange their tokens as events unfolded. This did not stop them from investing in a competing coin that is poised to rise by 40x in value in a matter of weeks – Rexas Finance (RXS). As the interest in RXS increases, it’s not surprising that this investor made the move they did.Rexas Finance (RXS), is a new contender in the crypto market and aims to compete directly with Shiba Inu and other well-known tokens. Retail cryptos with RXS priced less than $0.10 are at the stage of presale and many people in the crypto community have their eyes peeled looking for the next big opportunity. More visionary than speculative, the coin hopes to go beyond simple visions and help in the process of global relocation and tokenization of the world’s real-world assets.
What Makes Rexas Finance (RXS) Stand Out?
SHIB is said to be utilized chiefly as a meme token and is only living on hype, Rexas Finance is very clear about its direction and serves a purposeful objective: that of changing the asset management operations as they are known today. RXS token gives investors the option of converting practically any material form into a tokenized asset including but not limited to real estate, art, commodities, and patents respectively on a blockchain. Rexas Finance (RXS) is undoubtedly a young project, but it has already gained some degree of traction. Each staked RXS token is currently being valued at $0.04 since the presale is in stage two. This stage comes right after a very successful first presale round which lasted less than three days after its commencement and raised $450,000. The next phase will see the token valued at $0.05, which, according to forecasts, could surge by 40x when it gets trading in the first-order markets.
The Case for Diversifying into New Coins
To the previous SHIB investors who had sold their assets, a shift into RXS would be a tactical pivot to a more utility-based project. Certainly, SHIB has made enormous profits. However, it is worth remembering that most of this value largely benefits from the community’s interest as opposed to any solid application for the asset, which is greatly deficient.RXS on the other hand, holds the promise of a promising evolution based on functionality. As prospects of further technological developments arise so does the potential to computerize assets in the forms of property, artwork, and other forms of intellectual property. This will only help cement RXS`s position within the competitive trait of the industry.
Conclusion
This is the story of a pioneer SHIB investor who sold all of his SHIB holdings to purchase Rexas Finance (RXS) tokens. As we expect, Rexas Finance is expected to grow further and keep on developing its plan of asset tokenization, most probably it will be the next coin that just like SHIB took off to a completely new level presenting other early believers in it the chance of hopping onboard.
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
Disclaimer: the author(s) of the sponsored article(s) are solely responsible for any opinions expressed or offers made. These opinions do not necessarily reflect the official position of Daily News Hungary, and the editorial staff cannot be held responsible for their veracity.
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