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As Dogecoin approaches its potential low with signs indicating a forthcoming rally, Rexas Finance is gaining popularity ahead of its upcoming exchange launch.
Dogecoin (DOGE) has seen a dramatic decline of nearly 77% from its all-time high (ATH). The meme-based cryptocurrency has faced significant selling pressure across the market, yet early indicators suggest it may be nearing a bottom. A crypto trader believes DOGE could be at its lowest point, backed by whale accumulation and favorable technical signals.
In parallel, Rexas Finance (RXS), a trending utility token valued at $0.20, is attracting interest. It presents investors with an option for potentially substantial returns in 2025.
Dogecoin price action: Have we hit the bottom?
After a lengthy sell-off and reduced network activity, Dogecoin has exhibited marked volatility and is currently trading at approximately $0.171. Despite dropping nearly 77% from its peak of $0.7376, it has demonstrated some resilience, gaining 2.22% over the last week, suggesting that the selling pressure might be subsiding.
Additionally, overall market sentiment toward DOGE appears to be improving. On-chain analysis reveals that whales recently accumulated over 1.7 billion DOGE (approximately $298 million) within a 72-hour window. Historically, significant purchases by whales have often marked the end of downturns. Technical analysts have also noted an oversold Relative Strength Index (RSI), a situation that has previously signaled substantial bottoms for DOGE, hinting at a potential price rebound.
How high could DOGE rise from this point?
The combination of whale accumulation, solid technical indicators, and improved sentiment provides a strong argument for a potential bottom. While Dogecoin could face further fluctuations, many traders believe that a significant breakout is on the horizon.
Crypto analyst Trader Tardigrade notes that DOGE is testing an important resistance trendline at $0.17. A definitive move above this resistance zone could propel Dogecoin to $2.80, with some traders targeting $5 based on a symmetrical triangle breakout pattern.
Rexas Finance: The new buzz in asset management
Rexas Finance is innovating real-world asset (RWA) tokenization, making traditional finance more accessible. The platform allows users to digitize and fractionalize high-value assets such as real estate, private equity, and commodities. Investors who would typically need millions to engage in elite financial markets can now participate with minimal investments.
RXS presale: Strong retail demand without VC dumping
The Rexas Finance presale has reached its final stage (stage 12), and interest continues to grow. An impressive 91% of the tokens in this stage have already been sold. The RXS price has escalated from $0.03 in Stage 1 to $0.20 in Stage 12, marking a 566% increase.
The total funds raised stand at $47.3 million, with over 456 million RXS tokens sold at the time of this writing. Rexas Finance opted against venture capital (VC) funding to mitigate the risk of substantial token dumping. Unlike many VC-supported projects that witness price declines post-launch, Rexas Finance aims to provide a more stable market environment for long-term investors.
Adoption skyrockets with over 50,000 holders
Rexas Finance has seen a rapid increase in active holders, now surpassing 50,000. This surge signifies growing confidence and enthusiasm surrounding the project.
The diverse applications offered by Rexas Finance have caught the attention of investors. Beyond tokenization, RXS enables passive income through staking and yield farming. Token holders also have a say in governance, allowing them to influence platform decisions.
With a capped token supply of 1 billion, Rexas Finance ensures long-term scarcity. Its deflationary model consistently reduces circulating supply to enhance price stability and long-term value.
RXS exchange debut: What can investors anticipate?
Rexas Finance is set to launch on June 19, 2025, on at least three of the top ten global cryptocurrency exchanges. The confirmed listing price is $0.25. These exchange listings are expected to enhance liquidity, market visibility, and overall adoption.
Following trends from previous significant listings, analysts speculate that RXS could surge by as much as 100,000% upon launch. With robust presale demand, increasing adoption, and major exchange support, Rexas Finance is positioning itself as one of the most promising new altcoins in 2025.
Concluding thoughts
Dogecoin has faced a long-term downtrend but may have identified its bottom. Whale accumulation and key technical indicators point toward a potential breakout in the upcoming weeks. A resurgence to previous highs is feasible if DOGE maintains essential support levels.
Rexas Finance is gaining traction among investors looking for the next big opportunity. With the presale winding down and the exchange launch on the horizon, set for June 19, Rexas Finance—with its strong fundamentals and heightened investor interest—could see significant growth after its debut.
For further details on Rexas Finance, visit the website, whitepaper, X, or Telegram.
Disclaimer: This content is provided by a third party. Users should conduct their own research before making any decisions related to the company.