The post Crypto Trader Who Predicted Shiba Inu’s 10,000,000% Rally Makes Whale-Sized Investment in New Coin Under $0.05—The Next SHIB? appeared on BitcoinEthereumNews.com.

The volatility of the market is what draws the attention of both active traders as well as those people new to the market. One of the most fascinating wealth-generation stories in the crypto space concerns the meteoric rise of Shiba Inu (SHIB), a token that grew from almost zero, in terms of value, to 10,000,000% in value boosting many of its early adopters – investors, to millionaires overnight. Now, it is reported that the trader who successfully predicted SHIB’s awakening was able to make a whale-sized investment in a new coin named Rexas Finance (RXS) worth less than $0.05. Is it another SHIB in the making? Shiba Inu phenomenon and its Exponential gains Shiba Inu (SHIB), which was launched in August 2020, was looking to create a decentralized community in every aspect, of the web. A token price of $0.00000000008165 was recorded on September 1, 2020, at this stage, marking the bottom in the history of the rise. But it was certainly the growth of SHIB users combined with the fashion for meme-currencies that brought about the next phase of growthIt was a turning point when an experienced crypto trader started writing off SHIB not because of its maturing technology but its community involvement. He speculated on SHIB’s growth. As of October 28, 2021, the token reached its peak at $0.00008845, having appreciated by more than 10,085,266%. The Next Big Bet: Rexas Finance (RXS) In the aftermath of the price increases of SHIB, investors’ focus has now turned towards a token called Rexas Finance (RXS), which is selling at less than $0.05. This new token has garnered the interest of the same crypto trader who controversially predicted SHIB’s high value. Their whale-sized investment in RXS lately has made many people think that there are chances for this token to rise…

---

Filed under: News - @ September 14, 2024 11:25 am