Shiba Inu’s (SHIB) market position and future faces threat from this utility-rich coin priced at $0.150

Shiba Inu (SHIB) has long dominated the memecoin market, attracting retail and institutional investors. However, Rexas Finance, a $0.150 utility-rich cryptocurrency, is currently challenging its market position. Rexas Finance’s revolutionary real-world asset (RWA) tokenization and focus on actual use cases are changing the industry, unlike Shiba Inu, which relies on community interaction and speculative trading. Rexas is drawing institutional interest and pitching itself as a digital asset game-changer with features like the Token Builder and Launchpad.  As Rexas Finance grows, it could challenge Shiba Inu’s supremacy and provide investors with a more viable long-term growth and financial inclusion option.

Shiba Inu (SHIB): Feeling The Heat Of Rexas Finance 

As of December 26, 2024, Shiba Inu Token is trading for $0.000021 per token. It reportedly has a market cap of $12.93 billion and a reported daily trading volume of $665.92 million, placing the coin at the top of the cryptocurrency fish. However, Rexas Finance, which offers more excellent utility, is starting to eclipse Shiba Inu’s magnificent trading statistics, like an annual peak of $0.00008616, achieved in October 2021.  Founded in September 2024, Rexas Finance, through its asset utility token RXS, could elevate the cryptocurrency world to a new level by integrating a different approach to asset tokenization. Unlike Shina Inu, a memecoin, Rexas Finance provides a platform on which users can tokenize and manage real-life assets such as real estate, art, commodities, and intellectual property on the blockchain.

This shift toward tokenizing historically illiquid assets gives investors democratized access to essential markets and new liquidity and trading outlets. Rexas Finance’s RXS token, which powers the ecosystem, gives holders access to governance, transaction processing, and real-world asset investment opportunities. 

Rexas Finance’s utility-driven strategy attracts retail and institutional investors, making it a genuine competitor in a field where Shiba Inu’s meme-driven appeal may fade. Rexas Finance’s more concentrated value offer might challenge Shiba Inu’s market dominance and change cryptocurrency investment as demand rises for functioning, real-world asset-backed tokens. Rexas Finance’s purposeful scarcity with a one-billion-token supply makes it a better investment than Shiba Inu’s inflationary tokenomics. As demand for tokenized assets rises, RXS’s constrained supply might drive up its value, giving investors long-term growth potential and stability that Shiba Inu lacks. 

Rexas Finance’s ability to combine the digital and real worlds allows it to challenge Shiba Inu’s supremacy and attract retail and institutional investors seeking utility-driven development above speculative risk.

How Threatening is Rexas Finance (RXS) To Shiba Inu?

Rexas Finance’s strong presale success and novel asset tokenization technique make it challenging for Shiba Inu. With 377,756,396 tokens sold, the project has raised $32,788,801, proving investor faith in its long-term potential.  Rexas Finance has stressed public participation over venture capital funding, ensuring a vast and diversified investor pool that shows widespread enthusiasm in the platform’s utility-driven objective.

As the project approaches its Stage 10 presale, its token price has risen 400% from $0.03 in Stage 1 to $0.15, with significant Tier 1 exchanges expecting a $0.20 launch. Investor optimism and Rexas Finance’s capacity to tokenize real-world assets like real estate, art, and commodities to liquidate illiquid markets explain this exponential price surge. Unlike Shiba Inu, which relies on speculative trading and community-driven buzz, Rexas Finance is poised for broad acceptance due to its focus on real-world use cases. As the project nears listing on key exchanges, its utility-driven appeal and rising asset tokenization demand might challenge Shiba Inu’s market domination, making Rexas Finance a strong crypto competitor.

Becoming the Next Shiba Inu Killer 

With its creative strategy and excellent community interaction, Rexas Finance is quickly becoming a threat to Shiba Inu. The $50,000 Rexas Millionaire Giveaway has generated attention for the idea. Twenty winners will receive RXS tokens. This unique reward boosts interest and legitimizes the concept, drawing more backers.  Rexas Finance has also gained crypto credibility. Thanks to its listings on CoinMarketCap and CoinGecko, RXS is now easier for worldwide investors to invest in. These well-known sites give Rexas an edge over other developing tokens, boosting its validity with investors.  Rexas Finance’s successful audit by CertiK, a leading blockchain security firm, highlights its dedication to transparency and security, which are essential for long-term success in the volatile cryptocurrency industry. 

Rexas Finance wants to list on major exchanges at $0.20 in 2025. Some analysts believe this listing could send RXS prices soaring to $15, a 10,000% gain. This growth potential dwarfs Shiba Inu, which has relied on speculation rather than utility. Rexas Finance’s asset tokenization, liquidity solutions, and minimal RXS token supply make it a sustainable investment alternative to meme coins, which are unpredictable and hype-driven. Rexas Finance is changing the crypto market with its innovative strategy and exciting future as a Shiba Inu slayer that prioritizes utility, security, and growth.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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KULR launches Bitcoin treasury with $21m BTC purchase

  • The $21 million BTC purchase follows the KULR’s announcement on Dec. 4.
  • Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and Thumzup.
  • MicroStrategy is the biggest corporate holder of Bitcoin with over 444k BTC

KULR Technology Group, Inc., listed on the New York Stock Exchange, is the latest tech company to adopt Bitcoin as a treasury asset.

A few weeks after the energy management platform announced plans to add BTC to its treasury, the company announced on Dec. 26 that it had officially begun the initiative. KULR said in a press release that its first purchase involved 217.18 bitcoin acquired for $21 million.

KULR’s bitcoin bag was acquired at the average purchase price of $96,556.53 per BTC.

On Dec. 4, when the publicly-listed company disclosed its Bitcoin treasury strategy, it revealed plans that included allocating up to 90% of the firm’s surplus cash to the flagship cryptocurrency.

With sentiment extremely bullish amid the anticipation around pro-crypto Donald Trump’s administration, several companies have adopted or disclosed plans to add BTC to their treasury strategies..

These include Rumble, Boyaa Interactive, Thumzup and BTC miner Marathon Digital.

Metaplanet became known as ‘Asia’s MicroStrategy’ after adopting the BTC strategy to lead the Asian charge. MicroStrategy has regularly bought Bitcoin since its first purchase in 2020, and currently holds 444,262 BTC acquired for over $27 billion.

“The $21 million of BTC purchased since the announcement is the first of ongoing purchases the Company intends to make going forward,” KURL noted in its announcement on Boxing Day. Coinbase Prime will offer custody and wallet services for KURL’s haul of BTC.

Bitcoin traded around $95,670 at the time of writing, about 3% down in the past 24 hours.

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BTC eyes $100k despite $338M Bitcoin ETFs outflows

The US spot Bitcoin exchange traded funds market continued it’s latest streak of outflows with another $338.4 million exiting on Dec. 24.

US spot Bitcoin ETFs have recorded net outflows over the past four trading days now. The streak has coincided with BTC price struggling with downside pressure since dropping from its all-time high above $108k.

On Tuesday, Bitcoin recovered from intraday lows of $94k to trade above $98k.

However, according to data from SosoValue, traders saw net outflows of over $338 million to bring the total amount of money pulled from U.S. spot bitcoin exchange-traded funds over the four days to $1.52 billion.

Bitcoin dip and ETFs outflows

After Monday’s dip and outflows, market analysts at QCP shared their outlook for the market. They posted on X:

“Bitcoin’s anticipated year-end surge has fizzled. Instead, a $49.3M Mt. Gox #BTC move sparked a 14% drop, hitting 92.5k before bouncing to 95k. Liquidity’s drying up, sentiment softens, and ETFs saw their 3rd straight day of outflows.”

In terms of individual funds, BlackRock’s IBIT saw $188.7 million exit on Tuesday, while Fidelity’s FBTC and Ark and 21Shares’ ARKB recorded $83 million and $75 million in negative daily flows respectively.

However, Bitwise ETF $BITB saw net inflows of $8.5 million.

These consecutive days of outflows came in a week where the BTC price fell to near $92k. It’s also a week in which MicroStrategy, the world’s largest corporate holder of BTC, acquired more to bring its total holdings to 444,262 BTC.

MicroStrategy founder and executive chairman Michael Saylor commented:

“Last week, $MSTR treasury operations resulted in a BTC Yield of .72%, a net benefit of ~3,177 BTC. At $94K per BTC, that equates to a $299 million gift to our shareholders.”

Commenting further on the company’s latest BTC buy at the average price of $106k, Saylor added on X:

“If you are not buying bitcoin at the top, you are leaving money on the table.”

Interestingly, MicroStrategy has also filed a regulatory application that seeks its shareholders to vote on increasing company shares by 10 billion – plans that could allow for a staggering splash on Bitcoin.

Before yesterday’s outflows and the streak of outflows, the 12 spot Bitcoin ETFs had registered 15 straight days of net inflows. In total, positive flows over the 15 days reached $6.7 billion. The recent streak ended on Dec. 18.

The price of Bitcoin stood at $98,569 at the time of writing on Dec.25. It’s value against the US dollar has jumped 5% in the past 24 hours.

While it’s pared gains seen in the past month, Bitcoin is up 128% in the past year. Bulls are likely to eye a surge to $100k during this holiday week.

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Report shows a third of South Koreans now own crypto with this coin in focus

  • Over 30% of South Koreans now invest in crypto, with 15.59M holders in November.
  • Crypto trading volume in South Korea now rivals stock markets, with daily trades hitting 14.9 trillion won.
  • iDEGEN, an AI-powered coin that has raised $8.7M in its ongoing presale, is capturing investors’ attention.

According to a recent report, South Korea’s cryptocurrency market is booming, with over 30% of the population now investing in digital assets. The number of crypto holders recently surpassed 15 million, fueled by optimism following Donald Trump’s US presidential election victory.

Amid this surge, a new cryptocurrency, iDEGEN, has captured the attention of investors, thanks to its innovative pricing model and AI integration. Here’s a closer look at the trends reshaping the market.

South Korea’s cryptocurrency boom: facts and figures

According to data from the Bank of Korea, over 15.59 million individuals in South Korea held crypto assets by the end of November 2024, marking an increase of 610,000 investors from the previous month.

This rise coincided with a broader market surge, partly attributed to renewed optimism following the US election results.

With a population of approximately 51.7 million, this means more than 30% of South Koreans are now engaged in the crypto market.

This data was gathered under the Virtual Asset User Protection Act, which went into effect in July 2024. This act mandates that exchanges safeguard users’ assets, ensuring transparency and fostering trust in the digital currency ecosystem.

Key metrics underline this explosive growth. Among them, the total crypto holdings surged to 102.6 trillion won (around $78 billion) in November, a sharp rise from 58 trillion won in October. Average holdings per person also climbed to 6.58 million won, while deposits on exchanges nearly doubled, reaching 8.8 trillion won.

Trading activity has been equally impressive, with daily transaction volumes on the country’s top five exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—hitting 14.9 trillion won rivalling South Korea’s stock markets.

The rise in Bitcoin (BTC) prices also played a pivotal role in this boom. By November’s end, Bitcoin’s price had jumped from 105 million won to 135.8 million won, attracting new investors and boosting confidence in the market’s potential.

Amid South Korea’s crypto affinity, this memecoin has been making waves

While established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) dominate headlines, a newcomer, iDEGEN (IDGN), has emerged as a compelling option for investors seeking high-growth opportunities.

Launched in November 2024, this AI-powered meme coin has raised over $8.9 million in its ongoing presale and has sold over 1.1 billion IDGN tokens, generating significant buzz within the crypto community.

What sets iDEGEN apart is its dynamic presale pricing model, a feature rarely seen in traditional token launches.

The coin’s price adjusts every five minutes based on market activity—rising by 5% with consecutive purchases and dropping by 5% during periods of inactivity. This mechanism not only incentivizes engagement but also introduces a level of unpredictability, making the coin particularly appealing to adventurous investors.

In addition, iDEGEN integrates artificial intelligence (AI), which further enhances its appeal. The project’s AI leverages community feedback on X (formerly Twitter) to refine its development and utility. This adaptive approach signals that iDEGEN is more than just another meme coin; it’s a project with potential for long-term growth and real-world application.

With the presale set to conclude on January 1, 2025, with an expected listing price 10% higher than the final presale price, early adopters stand to gain significantly.

As innovative projects like iDEGEN capture investor attention, the future of South Korea’s crypto landscape looks increasingly vibrant and promising.

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University of Floki launched

  • The University of Floki is a crypto education platform offering a variety of blockchain courses and lessons.
  • The university will offer courses across key areas including DeFi, Security, Finance, Blockchain, Smart Contracts, and NFTs.
  • At launch, ‘Introduction to Blockchain Technology’ and ‘Understanding DeFi Fundamentals’ courses were available.

In a move towards demystifying the complexities of the cryptocurrency world, Floki has officially launched the University of Floki.

This new educational platform aims to bridge the knowledge gap for the burgeoning community of crypto enthusiasts, providing comprehensive learning opportunities from blockchain basics to advanced DeFi concepts.

The University of Floki stands out with its mission to make cryptocurrency education accessible and engaging.

While only ‘Introduction to Blockchain Technology’ and ‘Understanding DeFi Fundamentals’ courses were available at launch, the university will feature courses led by industry experts, covering a wide array of subjects including DeFi, blockchain technology, security, and NFTs.

The university aims to educate and accelerate the mainstream adoption of cryptocurrencies by simplifying complex ideas into digestible content for the next generation of users.

Recent posts on social media platforms like X highlight the university’s potential. Many in the crypto community praise Floki for focusing on real utility rather than just hype. The sentiment echoes the belief that education is key to widespread crypto adoption, and Floki is at the forefront of this educational revolution.

The university is seen as a testament to Floki’s commitment to building a robust ecosystem that not only includes financial tools but also educational resources aimed at empowering its users.

The launch’s timing is strategic, aligning with projections that suggest there will be at least 1 billion crypto users by 2025. The University of Floki is positioned to cater to this growing demographic, enhancing their understanding and interaction with the crypto space.

This underscores Floki’s broader vision to become one of the most recognized cryptocurrencies globally, not just through market presence but through educational outreach.

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