"Crypto Whale Dumps SHIB, Bets $2.1M on DOGE, TRX, and RXS"

Generated by AI AgentCoin World
Friday, Feb 28, 2025 12:11 pm ET1min read
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A prominent crypto investor has shifted strategies, moving funds from Shiba Inu (SHIB) to three sub-$1 tokens: Dogecoin (DOGE), Tron (TRX), and Rexas Finance (RXS). The whale spent $2.1 million on these assets, signaling fading confidence in SHIB’s short-term potential despite its recent technical recovery signs. While SHIB trades at $0.00001581 after a 14% weekly drop, the investor’s pivot highlights a search for projects with clearer utility and growth catalysts. Dogecoin and Tron offer established niches, but Rexas Finance—a real-world asset (RWA) tokenization platform—stands out as the whale’s largest bet, with its presale already raising $45.8 million.

Dogecoin remains a staple in the whale’s portfolio, with $2.1 million allocated partly to its meme-driven appeal. DOGE trades at $0.248, down 25% weekly but up 200% yearly. Analysts highlight its potential to mirror past cycles: 59% corrections in 2017 and 2020 preceded rallies to new highs. A repeat could push DOGE toward $2 if it breaks resistance at $0.2949. While speculative, Dogecoin’s loyal community and Elon Musk’s endorsements offer a stability SHIB lacks.

Tron’s TRX token has climbed 1.78% in 24 hours to $0.2387, supported by steady network growth and predictions of a $1.68 price by 2031. Its blockchain’s focus on decentralized content sharing and low fees attracts developers, fueling gradual adoption. TRX’s resilience in volatile markets—coupled with founder Justin Sun’s visibility—positions it as a safer bet than meme coins. However, its incremental gains pale next to RXS’s disruptive potential.

Rexas Finance (RXS) dominates the whale’s investment shift, merging blockchain with real-world assets like real estate, gold, and art. The ERC-20 token’s presale has sold 89.8% of its 500 million allocation, surging from $0.03 to $0.20 per token. With a confirmed $0.25 listing price in 2

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