Rexas Finance (RXS) Emerges as SHIB Competitor with 17,358% Price Surge Prediction
Rexas Finance (RXS), a burgeoning player in the asset tokenization space, is drawing comparisons to meme coin Shiba Inu (SHIB) amid a staggering 17,358% price forecast. The project has already raised $47.5 million in its presale, with its token price skyrocketing from $0.03 to $0.20, capturing significant investor attention. A prominent crypto millionaire’s bullish prediction has further fueled excitement as RXS prepares for its upcoming exchange listings.
Rexas Finance (RXS) Draws Shiba Inu Comparisons Amid 17,358% Price Forecast
Rexas Finance, a rising player in asset tokenization, is gaining traction as a potential rival to meme coin Shiba Inu (SHIB). With a presale that has already raised $47.5 million and a price surge from $0.03 to $0.20, the project is attracting significant investor interest.
A top crypto millionaire has projected a staggering 17,358% price increase for RXS, fueling momentum ahead of its exchange listings. The token is confirmed to debut on three major trading platforms, with analysts highlighting its utility-focused approach as a key differentiator in the current market cycle.
Shiba Inu May 2025 Price Prediction: Can Token Burns Fuel a Rally?
Shiba Inu (SHIB), the meme coin featuring the iconic Shiba Inu dog, faces a critical juncture after a 40% decline over the past year. Despite a modest recovery in April 2025, market sentiment remains cautious. The token’s ecosystem—including ShibaSwap and layer-2 network Shibarium—could play a pivotal role in its trajectory this month.
Token burns, a deflationary mechanism, are under scrutiny as a potential catalyst for SHIB’s comeback. Analysts are divided on whether retail enthusiasm and ecosystem developments will outweigh broader market headwinds. The coin’s performance in May hinges on these dynamics.
Shiba Inu Burn Rate Spikes 656% as SHIB Struggles to Rebound
Shiba Inu’s token burn rate surged 656% on May 6, marking a continued effort to reduce circulating supply. This follows an 825% spike in April, when 26.48 million SHIB were permanently removed from circulation.
The aggressive deflationary strategy has divided community sentiment. While some view burns as a bullish mechanism for scarcity, others question its efficacy amid SHIB’s price stagnation.
Data from Shibburn reveals 16.78 million SHIB were destroyed in the latest round. The meme coin’s ecosystem maintains consistent burn activity despite market headwinds.
Shiba Inu Price Bottoms Out: Analysts Eye Potential 10X Rally
Shiba Inu (SHIB) shows signs of accumulation despite recent price weakness. The meme coin’s burn rate surged 324% over seven days, accelerating supply reduction. A hidden bullish divergence on price charts hints at underlying strength, with higher lows forming against a backdrop of declining prices.
Long-term holders have steadily increased since 2022, creating a stable foundation for potential upside. Crypto influencer Illusion X positions SHIB as a top altcoin pick for this cycle, forecasting 10x-15x gains. The coin currently trades at $0.00001236, down 2.52% on the day and 9.92% weekly.