Dogecoin News – Dogecoin (DOGE) to $50, Shiba Inu (SHIB) to $0.10? Here’s Why You Should Give Up on These Pipe Dreams

Dogecoin


The possibility for Dogecoin (DOGE) to achieve $50 and Shiba Inu (SHIB) to surpass $0.10 targets has generated much buzz. Given their present market conditions and tokenomics-related factors, DOGE or SHIB is unlikely to reach such high values. Let’s look at the reasons these goals are unreachable.

Why is Dogecoin hitting $50 a Mere Fantasy?

Trading for $0.1335, Dogecoin boasts a market capitalization of more than $17.9 billion. Hitting $50 is plainly absurd since the market capitalization of Dogecoin would have to rise to approximately 6.7 trillion dollars, greatly exceeding the present market cap and attaining new all-time highs. Their principal use as meme coins limits their long-term development potential, unlike Ethereum or Solana. Moreover, it is difficult to maintain such a price increase as 10,000 DOGE are generated every minute and have unlimited availability. A high token supply results in value dilution and a constant demand for fresh funding, which is rarely possible because there are many initiatives with a greater focus on utilities.

Shiba Inu to $0.10: Unbelievable Deal

Shiba Inu’s current price of $0.00001853 would need to see an unsustainable market cap increase of the same kind to reach $0.10. In turn, as SHIB currently only has a market capitalization of $10.6 billion, this would render the company’s valuation almost nonexistent. With 589 trillion SHIB tokens in circulation, it is nearly hard to undertake token burn methods to lower the supply, even though SHIB has built a larger ecosystem and more comprehensive efforts like ShibaSwap. Even if the most drastic reductions of SHIB supply (token burns) were used, it would take a tremendous amount of resources and time to reach the level of scarcity needed to push the price of SHIB to $0.10. Furthermore, the speculative character of SHIB, which relies on social media and viral trends, is subject to rapid changes in price rather than gradual growth.

Click Here To Buy Rexas Finance (RXS) Presale

Rexas Finance (RXS): A More Robust Alternative

Rexas Finance is different from Dogecoin and Shiba Inu, which simply rely on a lot of community hype and speculative trading. RXS offers utility through Real-World Asset (RWA) tokenization, allowing its investors to invest in fractional ownership of high-value assets, real estate, gold, and other commodities. Rexas Finance is changing the game of the century by combining traditional investments and the blockchain market. They are currently in the presale stage where investors have raised funds up to $3.8 million and the price for the fourth presale round is at $0.06.

Early investors can participate before the token is live on major exchanges. RXS is already available on CoinMarketCap, gaining popularity and recognition. Analysts expect a 6x return for those who get in during the presale. The utility of RXS, including its launchpad and a token builder, makes it much superior in the long run compared to speculative tokens like Dogecoin or Shiba Inu. As RXS gains traction among whales and retail investors, it will be able to perform way better than meme coins in both horizons.

Conclusion: The Safer Bet

Though many wild investors may fantasize about Dogecoin or Shiba Inu going to the moon, in reality, their growth will always be restrained by basic factors like inflationary supply and a lack of clear and viable use cases. Rexas Finance (RXS), however, can be rewarding in terms of actual value and future prospects, making it a perfect bet for those looking for a token that can grow significantly due to its robust infrastructure. It is this ability to capitalize on the market’s boom that puts RXS in a prime position, and as it is expected to offer a new paradigm of asset tokenization, it should appeal to those looking for big returns without chasing the next trend in the market.

About Rexas Finance :-

Website: https://rexas.com

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.


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