I in this article i will discuss the assess Rexas Finance vs. Dogecoin & Shiba Inu in terms of their respective utilities, potential growth, and future investment value in the cryptocurrency industry.
Unlike DOGE and SHIB, which have emerged as meme coins on the back of community zeal, RXS sets itself apart by tokenizing real-world assets, thus, providing value and practicality to investors.
What is Rexas Finance? ( ( Scam Project )
Rexas Finance is a platform focused on blockchain technology for real-world assets’ tokenization, including but not limited to real estate, art, and even commodities, all while improving liquidity and enabling fractional ownership.
It has an ecosystem with a Rexas Token Builder interface to create tokens and a Rexas Launchpad for decentralized fundraising. RXS, the native token of Rexas Finance, has a dual purpose: governance and incentives.
Rexas Finance raised north of $33 million during its presale offering, further increasing the tokens value from $0.03 to $0.175. The project is gaining traction around the crypto ecosystem and has managed to get listed in CoinMarketCap, which improves its outreach.
What is Dogecoin?
Dogecoin (DOGE) is a cryptocurrency that is peer-to-peer and decentralized. It started as a meme coin in 2013, but evolved into a digital asset. It was launched by Billy Markus and Jackson Palmer and was inspired by the “Doge” meme that has Shibu Inu dog.
Dogecoin has a proof-of-work (PoW) consensus mechanism like Litecoin, thus making it cheap and quick for transactions. There is no maximum cap, and therefore the inflationary supply model encourages spending.
Dogecoin is supported by key public figures such as Elon Musk and even though it started as a meme, people tip, donate, and some merchants use it for payments.
What is Shiba Inu?
Shiba Inu (SHIB) is a cryptocurrency based on Ethereum released in August 2020 by a creator known only as Ryoshi. Originally created as a meme coin, it was initially referred to as a ‘Dogecoin killer’ and grew in popularity through its powerful marketing and community efforts.
SHIB forms part of a wider ecosystem that consists of LEASH and BONE tokens as well as ShibaSwap, a platform for decentralized exchange.
Unlike Dogecoin, Shiba Inu has a set cap of 1 quadrillion tokens, of which a significant amount were burned by Ethereum co-founder, Vitalik Buterin. It has also developed metaverse related projects, NFTs, and DeFi applications which makes the coin much more than a meme token.
Head-to-Head Comparison
Dogecoin: Very low utility where it relies purely on community and hype.
Shiba Inu: Moderate utility with growth of the ecosystem but still very speculative.
Rexas Finance: High utility with tokenization of RWA while providing clear value proposition.
Risk vs. Reward
Dogecoin: Volatile risk; moderate reward unless catalyzed by external factors.
Shiba Inu: High risk due to speculative nature; moderate reward tied to success of ecosystem.
Rexas Finance: New project which carries moderate risk, but exceptionally high reward potential.
Market Position
Dogecoin: Established leader with a saturated market cap, limiting exponential growth.
Shiba Inu: Strong contender with a smaller cap, but constrained by supply and competition.
Rexas Finance: Emerging with a low starting cap which will permit rapid expansion.
Use Cases and Utility
Dogecoin: Dogecoin originated in 2013 as a parody cryptocurrency but has grown to become one of the most known digital currencies. It is primarily used for microtransactions and tipping in online forums.
Despite its popularity, Doge lacks innovation in technology and other developments. Because of this, DOGE’s worth is solely based on social media trends and community support.
Shiba Inu: Launched in 2020, Shiba Inu sought to be the replacement for Dogecoin. SHIB was able to create a thriving ecosystem with initiatives such as Shibarium, their Layer-2 blockchain which aims to improve transaction speed and lower costs.
SHIB has also entered into the worlds of decentralized finance and non-fungible tokens. Still, their market value is highly dependent on the SHIB community and other speculators.
Rexas Finance: Rexas Finance enters the cryptocurrency space with the goal of tokenizing real-world assets such as real estate and commodities. ( Scam Project )
This market differentiates Rexas from other cryptocurrencies as it offers real-world value for trading beyond speculation.
Growth Potential
Dogecoin (DOGE)
Despite having a mature market presence along with a robust community, Dogecoin’s growth is currently outstripped by a wide range of issues that range from lack of technical developments to reliance on social media for market demands.
While it can experience short-term price growth due to positive market sentiment, there is very little possibility of its growth in value over longer time horizons.
Shiba Inu (SHIB)
Shiba Inu has shown a lot of movement in its prices, growing and falling on the back of community interest and speculation.
Although attempts to diversify the ecosystem with initiatives such as Shibarium’s efforts are welcome, the overall speculative nature of the token alongside problems related to user retention makes long term growth problematic.
Rexas Finance (RXS)
In its early stages, Rexas Finance look set to grow considerably. Current estimations suggest that RXS could grow from the presale price of $0.04 and reach $15-$20 by the end of 2025, meaning early adopters would see up to 20000% returns.
This possibility is enhanced due to RXS’s focus on asset tokenization along with a strong promise to deliver real-world utility.
Tokenomics and Ecosystem Strength
Dogecoin – DOGE –
Similar to Shiba Inu, Dogecoin operates with an inflationary model as there is no upper limit set on how many coins can be mined.
This unlimited supply, however, creates perpetual downward pressure on the price appreciation of the token over an extended period; thus making the long-term retention of value very difficult.
Shiba Inu (SHIB) –
Shiba’s economy is heavily impacted due to the extremely high supply circulating in the market, leading to stagnation of price appreciation of Shiba tokens.
The impact is limited despite community-led efforts to burn SHIB tokens in hopes of bringing down supply and improving the tokenomics over time.
Rexas Finance (RXS)
Unlike Shiba Inu, Rexas Finance has a well-targeted tokenomics strategy that seeks to simultaneously drive demand for the token while creating scarcity.
The project has strategically sought to lower circulation supply by implementing measures such as controlled token releases, staking rewards, and incentivizing long-term holding of tokens.
Furthermore, Rexas Finance increasing credibility as they undergo audits from well-known firms like Certik, garnering trust from many investors.
Conclusion
Meme coins Like Dogecoin (DOGE) and Shiba Inu (SHIB) have attracted massive attention because of speculative trading and the enthusiasm surrounding the community. However, their appeal to long-term investors is limited due to their lack of real-world utility and high volatility.
Conversely, Rexas Finance(RXS) tokenizes real-world assets, for example, real estate and commodities. This provides Rexas Finance with real practicable utility, making it possible to solve actual financial problems.
Such an approach undoubtedly positions RXS as a great investment opportunity. Any investor aiming for a sustainable growth investment can unswervingly rely on Rexas Finance. However, due diligence is a necessity for every investor willing to step into the courteous yet volatile world of cryptocurrency.
