The market battleground at the focal point of this competition is the three cryptos Shiba Inu (SHIB), Sui (SUI) and Rexas Finance (RXS). The competition for entry into the top ten is stiff, with each token trying to outdo other established cryptocurrencies. Examining the price dynamics, ecosystems, and usage rates can reveal their prospects and the likelihood of monopolizing the market.
Shiba Inu (SHIB) Struggling to Regain Momentum
It was at $0.000033 at some time in November 2024 and now its price stands at $ 0.000016, thus having dropped by as much as 30% in the last month. The death cross alongside other technical factors and analysis shows that the price will not be able to move above the 26-day EEMA hence a bearish market. The total value locked (TVL) on the Shibarium layer-2 blockchain decreased immediately after launching the product. The TVL was $2.3 million as compared to the $6.27 million and the active account was reduced to 1260 as compared to 4500 accounts. The downturn in user activity affected the TVL of several protocols such as ShibaSwap, WoofSwap, and DogSwap, which saw reduced token values by over 30%. For SHIB to remain relevant and continue being popular, it requires both new and existing investors, as well as more trust from its users. An above $0.00001856 could lead to the market revival unanimously, while failures at the support levels could carry the prices down to $0.00001170.
Sui (SUI) Facing Bearish Trends with an Uncertain Outlook
Sui (SUI) is a recent layer-1 blockchain born in early 2022, its value rose from $5.60 to drop by 40% to $3.30 to the value at press time. There is the formation of head and shoulder formation, and if the $3.00 support level fails, he expects a drop towards $1.60. Technical indicators remain mixed. RSI is now below 50 points due to weak momentum while there is an increase in short positions as per Coinglass data in anticipation of a bearish trend. For SUI to come into the top 10 positions, it should develop its ecosystem and increase the number of people using its network. A value above $4.00 per share may be able to restore the confidence of investors and hence signal a reversal in the market which is currently bearish.
Rexas Finance (RXS) The Strongest Contender for a Top 10 Breakthrough
Rexas Finance (RXS) positions itself as one of the most promising blockchain projects of 2025, and in the current presale, the company has raised over $46.2 million. Currently selling at $0.20, the token is expected to be launched at $0.25 on the 19th of June 2025 and benefits from the real-world asset (RWA) tokenization model. Existing users have already benefited financially and currently, analysts are predicting that the prices will increase even much higher than they are after the launch.
https://x.com/rexasfinance/status/1891158214063861819
Unlike some other hype-based tokens RXS brings tangible utility into the world of the blockchain. It allows users to convert their tangible assets such as real estate, commodities, patents, and valuable products into digital tokens. This makes it possible for investors to own parts of these assets of high value, yet demand little capital to facilitate this. Tokenized assets are globally traded, thus offering market liquidity in what would usually be an illiquid market. Thus, RXS is positioned to become the missing link between legacy finance and blockchain by developing an advanced approach to handling assets. The project has four distinct aspects of the project and this includes security and trust. Undergoing a Certik audit helps RXS check whether its smart contracts and protocols are compliant with industry standards. Furthermore, it has support for multiple chains, making it widely accessible across leading blockchains.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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