2 Shiba Inu Investors Who Recently Dumped 10 Billion SHIB Held Since 2020 Are On The Move, Spotted Loading Up on Rival Below $0.10

In the latest turn of events, two prominent investors in Shiba Inu (SHIB) have opted to dump a jaw-dropping 10 billion tokens that they have not touched since 2020. No wonder the cryptocurrency community has reacted to this news and has tried to figure out what made these two investors do this. Apparently, such investors are looking for a new contender, namely Rexas Finance, which has made some interesting moves with respect to asset management.

Cutting Back Their Holdings In The Face Of Bearish Sentiment

As per data given by IntoTheBlock, Shiba Inu whales have been selling off their holdings at an alarming pace over the past month. In particular, two investors with assets amounting to 10 billion dollars worth of SHIB have cut their positions by well over six percent. Furthermore, among those with assets ranging from one million dollars to ten million dollars, the percentage dropped by over three percent, while those with SHIB worth more than ten million dollars have also experienced a fall in the percentage of about seven percent. This pattern provides a pessimistic view of the investment prospects for Shiba Inu at present.The negative trend towards Shiba Inu has grown worse over the past week after the net flow of large holders decreased by more than 670%. This drastic reduction means these investors are more likely to sell their tokens than to buy them, and this points to a lack of faith in the future of the meme coin. Additionally, the average size of the SHIB shipment has also fallen by almost 5%, confirming the situation.

Price Action and Market Conditions

Another reason that persuades these investors to reduce their holdings is due to the unremarkable price movement of the Shiba Inu. The second largest meme coin has registered declines of more than 7% and 14% in a week and a month, respectively. Though these declines could partially come from the bear grip on the crypto market, it also should be emphasized that Shiba Inu has at many times faced difficulties in bouncing back even when the other crypto leaders like bitcoin do bounce back.Management of risk appears to be the motivation that drives investors. A majority of SHIB tokens in circulation were purchased when the market price peaked at over $0.00002. With the current landscape in the market, we can understand why many are trying to reduce their exposure, more so due to the fact that the token has dropped significantly.

The Rise Of Rexas Finance (RXS)

With the Shiba Inu investors now shifting their backs away from their assets, it would only be wise for these traders to seek other promising candidates. One such competitor is Rexas Finance, a project that seeks to redefine how the tokenization of real-world assets works. Unlike Shiba Inu, which relies overwhelmingly on speculation and popularity, Rexas Finance deals in making deliverable investments.According to Rexas Finance, users can tokenize any real-world asset, from real estate and art to commodities and intellectual property. Such a unique platform allows investors to tap into a wider market where returns on investments and market liquidity are virtually inexhaustible. For those in search of reliable investment products, the transition from speculative meme coins to platforms with genuine utility may prove beneficial.

Participating in the Rexas Finance Presale

The presale for Rexas Finance is currently in Stage 4, where one RXS token goes for $0.060. So far, the presale has been able to fill 74.27% of its total allocation as it raised $3,752,106 of the target $5,450,000. With 81,701,750 tokens out of the total 110,000,000 being sold, there is substantial room for new investors at the presale stage.

If you would like to take part in the presale of Rexas, here are some steps:

Step 1: Make Your Wallet Ready

Make sure your wallet is compatible with Wallet Connect; examples are MetaMask or Trust Wallet. This step is important when you want to take part in the presale.

Step 2: Buy ETH

You will need Ethereum (ETH) in your wallet to take care of any gas fees in the Ethereum network, whether you are buying with USDT or not.

Step 3: Link to DApp

Use a browser of your choice and type in the URL https://rexas.com. Next, click the Connect Wallet button and make sure you are on the Ethereum Chain (ERC20) network.

Step 4: Payment Option

From the Rexas dashboard, click on any of your preferred payment options (ETH or USDT) that you want to use to complete the purchase.

Step 5: Customization of the Amount to be purchased

Enter the figure of either the ETH or USDT that you intend to invest in. The dashboard will provide the equivalent amount of RXS tokens that will be sent to you.

Step 6: Crosscheck and Approve the Transaction

Look through the wallet and find the transaction that was created for you. Check that the information is accurate and click the approve button. Then just wait for approval on the Ethereum network.

Conclusion

With Shiba Inu’s investors changing their outlook on the situation at hand, Rexas Finance can be seen as a very attractive alternative solution. The project aims to tokenize real-world assets, which makes it a more effective business model than a meme coin. Shiba Inu’s investors, particularly those seeking to spread their investments into different new areas, may find Rexas Finance a good entry point toward the future of investment.

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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