Are DOGS Investors Taking Profit? Top Holder Dumps 75,000,000 DOGS, Moves into New Crypto Being Hailed as the Next Shiba Inu (SHIB)

Are DOGS Investors Taking Profit? Top Holder Dumps 75,000,000 DOGS
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The recent performance of DOGS has led one to speculate if its investors are cashing out and moving on. DOGS made its maiden appearance in the crypto market with a bang as it opened at $0.00179 but has been on a 41.50% dip from its all-time high, currently at $0.00105.

The price collapse happened so suddenly because those who invested in the coin made profit bags during the phase when everybody adored the coin. The free coin airdrop to the holders was one of the reasons why the hype focused on DOGS, and the news that one of the top holders is selling 75,000,000 DOGS for the price of $0.00111 is just a recent event showing the direction of this tendency.

This is a little different than an ordinary sell-off because the same holder now has shifted to a different crypto called Rexas finance (RXS), which has been compared to Shiba Inu SHIB for the reasons that it will explode in the market.

The DOGS Bubble Bursts 

It’s a common phenomenon that newly listed tokens appreciate quite a bit, and DOGS did not remain behind either. But the crash that followed was equally predictable especially because quite a number of those who invested early got the tokens through a free token airdrop campaign. For such investors, liquidating their stock under the market at whatever takes is good free money for them, and that is exactly what played out with DOGS. No longer are investors acting on the initial hype as a large proportion of such holders sold their tokens to cash out leaving the coins price down into the stones.The drastic dumping of DOGS has dangerous implications, forming a vicious cycle wherein the price reduces more and more retails leave in a bid to make money. The dip to $0.00105 is an illustration of this persistent exodus. For those investors who prepared themselves for the long haul, it has been disappointing, as DOGS has fallen and everyone is now asking, where is the next big opportunity?

A Major DOGS Holder Abandons the Token and Switches to Rexas Finance (RXS)

One of the DOGS token holders recently made headlines by cashing out on 75,000,000 DOGS tokens for $0.00111 way before the price came down further. However, what’s more interesting about this investor is - where did he move next? Rexas Finance (RXS), is the project that is getting attention as the RWA tokenization platform. It suggests that the focus has shifted from meme coins such as DOGS to cryptos with real value and utility.

Rexas Finance is not some other coin doing some good business because of the hype roads. It is a part of the growth of such RWA projects, providing real-world assets like real estate, artworks, land, and commodities into the blockchain. Such are the assets that are never liquid. This new way of doing things is the reason why some people think RXS could be as big as Shiba Inu once was.

How Rexas Finance (RXS) Is Becoming the Newer Version of Shiba Inu

We all agree that Shiba Inu would not have gained that much popularity without its community backing it up or the hype over meme coins, RXS however is different as it is a utility token. With a Listing to be done at $0.2, Rexas Finance is in its presale stage with early investors such as the above-mentioned DOGS holder purchasing it at $0.030. This strategic entry point presents a good opportunity for immediate upside as it is estimated that the return would be 566.67% at the time of listing. Rexas Finance remains responsive to the trading styles and strategies of every investor.Unlike many coins that hope on hype and speculations, Rexas Finance has a different angle as it hopes to tokenize real assets. As blockchain technology matures, RWA tokenization will likely become one of the main enablers of the subsequent stage in the evolution of Crypto bringing additional security, transparency, and practical applications. A change in the portfolio from DOGS to RXS is an indication that the investor appreciates the value of RWA and believes there is a future in its tokenization support.

To Draw the Conclusion

Considering that DOGS is nose-diving with several investors already cashing out and walking away, it can be anticipated that such projects as Rexas Finance hold even more promise. The fact that the market is moving from meme coins to real-world utility tokens like RXS indicates the growth of the crypto space. The counsel of the major holder dumping 75,000,000 DOGS to accumulate Rexas Finance has a great purpose; capturing the future within the geometric progression of tokenization of real estate assets.

RXS is not purely a token with no fundamental value, instead, it has practical applications which give it the advantage of making it the next Shiba Inu not because of chance but rather because it creates value for its users.

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

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