The cryptocurrency market is shifting as investors move away from meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) due to increased volatility and weakening confidence. While these tokens once thrived on community hype, recent price movements suggest growing uncertainty. Meanwhile, Rexas Finance (RXS), a blockchain project focused on real-world asset tokenization, has gained traction. With a presale price of $0.20 and over $47 million raised, RXS is emerging as a more stable alternative in the evolving crypto market.
Dogecoin (DOGE) Faces Heavy Selling and Liquidations
Dogecoin has been highly bearish, as it lost 17 per cent in a single day, and it continued to decline. At the time of writing, the price of DOGE is $0.19, which is minus a twenty-six percent decrease from $0.27 as of February 15. As a result, the correction caused over $20 million worth of liquidations within a day and over $100 million in the last week, by the data of CoinGlass. Technical indicators suggest continued weakness. The RSI has tested 33 which is a bit close to the oversold region, while the MACD has a bearish crossover formation. The long-to-short ratio, a measure of whether more traders are leaning toward higher or lower prices, has declined to 0.86, indicating there are more bearish traders on DOGE. If $0.18 price support fails to hold, DOGE could test the $0.14 psychological level that it reached way back in November 2024. Although Dogecoin has benefited from speculation around Elon Musk’s endorsement, there have been no new updates on its adoption on X. If DOGE cannot break above $0.25, it may struggle to regain investor interest.
Shiba Inu (SHIB) Struggles to Hold Key Support Levels
It has also been nominated in terms of selling pressure, where Shiba Inu lost about 10% to trade at $0.00001274. The meme coin went below a critical level that is $0.00001250 before it began to strengthen up. According to analysts, SHIB lies in a range-bound trading pattern with no specific event that may unlock value. Interest on the part of the market in SHIB is low. Per Coinglass, futures open interest declined by 22% to $117.78 million, and derivatives turnover shed 6% to $156,66 million, implying loss of trader activity. From a technical aspect, SHIB is presently close to reaching the 200-day moving average, a crucial marker that can define its next direction. However, if the selling pressure persists, the price of SHIB may reach $0.00001150. However, if purchasers holding the coins come into play, it is not impossible that it may rise to $0.00001500. Despite the decline, SHIB maintains a strong community following. However, without major ecosystem updates, recovery may be difficult unless overall market sentiment improves.
Rexas Finance (RXS) Gains Momentum with Real-World Utility
Currently, Rexas Finance (RXS) is growing as the token follows the path of real-world asset tokenization. Unlike other meme coins, RXS allows for the acquisition of rights to fractions in real estate, commodities, and IPs, making it meaningful for those seeking options in the crypto market. Rexas also embarked on presale in September 2024 at $0.030 and 580% and by the time of presale reached $0.20. Further, at the price of $ 0.25, the investors have continued to support the launch on June 19, 2025. Funds in the scaffolding of the project have exceeded $47 million, and it is developing actively before its rating on the exchange.
⭐️ Milestone Achieved! ⭐️Rexas Finance has successfully raised $47,000,000! 🚀Thank you for your support! 👍Buy Now: https://t.co/tNJAsvBiYe pic.twitter.com/9sedNQ6KmJ
— Rexas Finance (@rexasfinance) March 3, 2025
Other factors that have strengthened RXS credibility are security and transparency. The smart contract has been audited by Certik, and the platform is included in the CoinGecko and CoinMarketCap lists, which helps attract investors. Compared to meme coins that survive on trends and hype, RXS has real-life applications and, therefore, stands as a serious contender in the crypto market.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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