Crypto Whale Who Made $160M with Shiba Inu Last Cycle Shares Why He’s No Longer Bullish on SHIB, Lists the 2 High-ROI Coins He's Accumulating

In the last cryptocurrency bull cycle, which lasted for many months, the vast majority of the investors made a killing in profits but nobody came close to the feat achieved by the same unknown crypto whale who managed to turn a few hundred thousand into 160 million dollars using Shiba Inu crypto (otherwise known as SHIB). Now, with the developments of the crypto ecosystem, this whale has moved from SHIB, stating that the meme coin has fundamental issues related to its future. However, he is now confident that there are two high-ROI coins, Rexas Finance (RXS) and Toncoin (TON), that are worth investing in and are likely to grow within the same horizon timeframe.

Reasons Shiba Inu Makes Whales Sceptical Now

Though the so-called Shiba Inu bull market in the last cycle may have felt appealing to the whale, the whale has become more doubtful about Shiba’s long-term chances. Suppose it is based on the idea of SHIB becoming popular without the assurance of any concrete attribute, which is of on-trend fading meme coins.  “The biggest disadvantage of the Shiba Inu coin appears to be the biggest advantage—that is, fashion and popularity,” he elaborated. The market for meme coins is extremely competitive since new tokens continue to emerge every other day, making it hard for older tokens such as Shiba Inu to maintain their steam. Taking Pepecoin as a case study exemplifies this observation. One minute it was valued below $1 million; the next few weeks it reached a market cap of approximately $7 billion before the value collapsed. Such fluctuations in value are indicative of what meme coins are all about. Some initial investors can liquidate and pocket profits, though many other participants incur significant losses when the takeover buzz dies down. As the whale pointed out, taking this environment into account is exactly the reason why the future of SHIB remains so unclear, and due to a large number of newer tokens, it will in all likelihood lose more of its market share. While Shiba Inu was a cash cow at its peak, I believe that there are no restrictions for the further increase of its market because of the very factors that contributed to its rise in the beginning.

The Case for Rexas Finance (RXS)

Unlike meme coins such as SHIB, the whale, on the contrary, is now buying Rexas Finance (RXS), which is a platform for the tokenization of real-world assets (RWA). There is growing demand for Rexas Finance since it has been designed to close the gap between the crypto world and the pre-existing global financial systems. The whale views this as revolutionary in the crypto industry and more so as it is much longer-term than the cyclic appreciation of meme coins. Rexas Finance offers its users the opportunity to create tokens against non-digital assets such as paintings, properties, and bonds for the world to invest in. This is bringing about more liquidity, lower cost, and better influence to markets that have been known to be slow at adopting blockchain technology.  The whale is exceptionally optimistic about Rexas Finance's ability to implement this trend of asset tokenization, a trend gap in the financial systems many experts have tipped as the next quick growth in the market. It is said that, in this case, it provides a real use, which is in a position to expand and brings regular income while the development of the platform goes on. Further, while its presale is still ongoing, the token is at a promising price range with high returns on investments for the early participants.

Why Toncoin TON Will Be Another High-ROI Play

A new altcoin the whale has begun to soak up is Toncoin (TON). A lot of folks in the crypto world have set their sights on Toncoin which recently increased in value by 250%. Specific development as far as the term Telegram Open Network gradually changed to The Open Network after a legal rift went on between Telegram and the SEC. However, this has not made Toncoin eliminate its affiliation with Telegram, a leading crypto with approximately 950 million active monthly users of its encrypted messaging service.  As of late, Toncoin has been doing great, as demonstrated by prices, which rose by 25% from September 5 to September 25, 2024. One of the major factors that raised this bullish movement was Tether’s announcement that its USDT issuance on the TON blockchain has already surpassed the $1 billion mark. This achievement shows the increasing stablecoin demand within the ecosystem of Toncoin, which is a positive thing for the platform as well as for investors. Based on the current market scenario, the whale is definite that Toncoin is one of the best high-ROI investments because of its close ties with Telegram, while the ecosystem is also expanding and an appetite for stablecoins is also growing. Such a steep prediction about TON hitting $9 in October 2024 assures the whale that there is still more upside for Toncoin’s growth and that investors willing to make an entry now will gain huge benefits.

The Future of High-ROI Cryptos

The age of understanding and stabilizing volatility in the crypto space has led to the growth of well-targeted cryptocurrencies within the whale’s growing portfolio. Meme investment coins have proved to be exceptionally effective no matter the duration of the bullish market, but the whale has invoked the use of giveable coins that serve the purpose. For Rexas Finance and Toncoin, this crypto veteran estimates that 2024 and 2025 will be the most successful periods for those altcoins today. Both constructions showed rather sound fundamentals and are likely to seize the opportunities of evolution in trends, making them the go-to coins for anyone who wants to invest in coins with high returns in their investment regimen in the years 2024 and beyond.

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