Currently trading at $0.000022, Shiba Inu (SHIB) draws market interest because it jumped 30% throughout the week. This surge follows the looks of a rare golden cross pattern, stoking excitement and indicating a positive trajectory. This development has spurred investor interest, with the potential for SHIB deleting a zero from its price now within sight. But can SHIB maintain this momentum?
Golden Cross Appearance: Can SHIB Delete a Zero
When the 50-day moving average crosses the 200-day moving average, a bullish technical indication often called the golden cross pattern results. Historically, when this pattern shows on SHIB’s chart, it’s often followed by sharper surges. The previous major golden cross for SHIB happened in late 2023, paving the stage for a robust rally that saw its price rise by greater than 400% in only a couple of months. Currently, SHIB’s chart appears to be repeating this pattern. A possible breakout is ready by the 50-day moving average climbing above the 200-day. This signal tracks SHIB’s most up-to-date 18% spike, which in at some point raised its price from $0.0000209 to $0.000022. Such changes boost investor confidence and signal that SHIB could also be on the verge of losing zero, assuming the pace continues. SHIB’s burn rate has recently increased by 3,674%, adding to its course. The faster burn rate reduces the general supply of tokens, potentially increasing the value as scarcity grows. Whale activity has also been noticeable, with significant investors expressing renewed interest, indicating a rising belief in SHIB’s upside potential.
The broader crypto market can be positive and ripe for SHIB’s projected rally. For example, Bitcoin is nearing the $80,000 mark; should this momentum proceed, SHIB won’t be too removed from deleting a zero.
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Rexas Finance (RXS): The Presale Gem Set to Skyrocket Alongside Shiba Inu
While Shiba Inu is on a journey to a landmark price shift, investors in search of the following big opportunity should watch Rexas Finance (RXS). This unique initiative provides real-world asset (RWA) tokenization, which enables individuals to own fractional shares of helpful assets, including real estate, art, and commodities. Rexas Finance is changing the best way people invest and diversify their portfolios by making previously illiquid assets more accessible. The project’s presale performance has been nothing wanting incredible. RXS has climbed by greater than 130% from its original stage price of $0.03 to $0.07 in Stage 5, all inside two months of the presale starting on September 8. The presale has raised over $6.2 million and sold 121 million RXS. This success demonstrates RXS’s growing popularity, which has been fueled by the project’s decision to forego enterprise capital funding in favor of a public presale, which has resulted in a faithful, community-focused investor base.
Rexas Finance has recently obtained listings on CoinGecko and CoinMarketCap, two necessary token performance-tracking platforms. These listings increase the project’s legitimacy and market awareness, highlighting its potential. Moreover, Rexas Finance’s successful audit by Certain assures its security and reliability, indicating to investors that the platform is built on a solid and trustworthy base. The continuing $1 million giveaway adds to the thrill, wherein 20 winners will get $50,000 price of RXS tokens. This strategic approach encourages involvement and powerful community engagement, giving investors a novel opportunity to earn significant advantages while boosting the project’s success. The potential for RXS to rally is important. With its ERC-20 token design and position within the thriving asset tokenization market, Rexas Finance is positioned for significant growth. As presale prices are expected to grow to $0.08 in the following round, with an exchange listing price of $0.20 planned, now’s the very best time to speculate.
Conclusion
As SHIB chases a probable zero drop with its rare golden cross, Rexas Finance emerges as an interesting investment option with a major upside. Join the RXS presale today to ensure your spot in one of the exciting cryptocurrency projects of 2024.
About Rexas Finance :-
Website: https://rexas.com