Shiba Inu and Rexas Finance grab eyeballs with strong performances, is now still a good time to buy?

As we head towards the end of the year, the cryptocurrency market is still demanding attention with a lot of exciting activities and surprises. Among these are Shiba Inu (SHIB) and Rexas Finance (RXS), which have recently been recognised by investors as possessing the potential to record strong growth in a short period. Owing to their robust infrastructure and great recent results, the debate about investing in these assets now has even intensified. Is now still a good time to buy?

Shiba Inu (SHIB): Riding a wave of momentum

The SHIB project at first was regarded as merely a trial run but ever since it has shown that there is a lot more than meets the eye. For instance, As of today, SHIB costs $0.0000194, with an enormous 24-hour trading volume of $2.06 billion. Even in these figures alone, one may appreciate the level of liquidity and deepening popularity of the token. In the last 7 days and the last 30 days, the SHIB growth performance has grown by 34.73% and 36.04%, as accompanied by making a bullish continuity more visible. With a Circulating Supply of 589.26 trillion tokens with a market capitalization of $11.48 Billion, SHIB is positioned as one of the most interesting tokens in the market. As a result of the price increase, those investors with the speculative mind that SHIB will increase in value by up to 1,500% saw the opening with this being the best time.

Rexas Finance (RXS): The new defi star on the rise

Although Shiba Inu remains strong in the market, Rexas Finance (RXS) is confidently growing strong in the DeFi space. During the presale stages, RXS went very well and attracted many investors who wanted to invest at early stages in what could be a major project. It is worth noting that the current price for the token is $0.05 since it is at the third stage of its presale. The project presale has attracted more than $1.85 million. With Stage 3 nearly sold out at over 70%, it’s evident that Rexas Finance has caught the attention of investors like never before.

Rexas Finance’s growth

Rexas Finance is positioning itself as the only DeFi platform that provides safe, clear, and effective financial services. With a successful presale, there is already some demonstrated interest on the part of both retail and institutional audiences in the project. Anyone registered on the platform can already earn on their crypto assets by utilizing advanced features such as yield farming, staking, and liquidity mining.

At the same time, Réxas Finance flaunts a solid governance structure as well, which enables all the holders of the tokens to participate in the governance of the platform. Potential ROI is one of the most interesting features when it comes to the RXS token. Market research indicates that investors could enjoy a 4x return before the token gets launched. Looking at the presale price of $0.05, it implies it will be $0.20 or more after launch.

This candidate is perfect for all those who plan to make quite good profits. Besides, there is the $1 million giveaway with 20 people taking home $50,000. To date, over 85,000 people have already contributed to this number and only 125 days remain in the battle.

Is now the right time to buy?

With SHIB gathering considerable appreciation as is with RXS, the question on everyone’s lips is, is it a good time to buy? In the case of the Shiba Inu token, the upward price movements, expanding market, and hot community stand to reason its upward trend might be rather persistent, more so if the wider market stays positive. This however does not excuse SHIB’s erratic fluctuation, and caution is advised for investors looking to buy in at the top. In contrast, Rexas Finance provides a more traditional subsidized opportunity with its successive presale and clear future outlook. It is positioned well as an ideal project for early backers due to its focus on DeFi and its highly interactive community. The attractive presale fee and promises of 4x returns are enough to help it seek the interest of growth-oriented investors.

Conclusion

Like many other investors, it is worth having a closer look at Shiba Inu and Rexas Finance due to the peculiarities these two have. If you are on the hunt for a well-established token that has millions of followers or you want an emerging star in the DeFi market that has a massive promise, this might be the time to think of investing in these assets.

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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IMF recommends El Salvador to limit the public’s exposure to Bitcoin

• The IMF wants El Salvador to limit “public sector exposure to Bitcoin”
• The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin”

The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit the public’s exposure to Bitcoin.

During a press conference, IMF spokesperson Julie Kozack said:

“What we have recommended is a narrowing of the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.”

Kozack added that the IMF continues talking with El Salvador and that “addressing risks arising from Bitcoin is a key element of these discussions.”

The Central American country is no stranger to the IMF’s views on its use of Bitcoin. Notably, the issue goes back to 2021 when El Salvador made Bitcoin legal tender. Following its official adoption, the IMF released a statement in November 2021 “recommend[ing] narrowing the scope of the Bitcoin law” while “strengthening the regulation and supervision of the new payment system.”

This was again called for in January 2022 when the IMF advised El Salvador to reconsider its decision on Bitcoin as the country’s legal tender.

More recently, the IMF released a statement in August that focused on, among other things, the need to “mitigate the risks from Bitcoin.” However, the financial agency did note that while “many of the risks have not materialized, there is joint recognition that further efforts are needed to enhance transparency..” in Bitcoin.

Still committed to Bitcoin

Despite these remarks from the IMF and the continued back-and-forth, El Salvador remains unchanged in its mission to see Bitcoin rise in the country.

However, while the government is keen to see adoption numbers rise, Nayib Bukele, El Salvador’s pro-Bitcoin president, knows more work needs to be done. In a recent interview with TIME magazine, Bukele admitted that his Bitcoin strategy for El Salvador had been “net positive,” but it hasn’t witnessed the “widespread adoption” they hoped for.

Despite this, Bukele remains committed, even going so far as to buy additional Bitcoin when the price drops. The country also promised to use the profit it makes from its Bitcoin Trusts to build 20 schools as it works at making crypto more appealing to its citizens.

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0G transforms into the world’s first Decentralized AI Operating System (dAIOS)

• 0G has transitioned into a Decentralized AI Operating System (dAIOS).
• Initially, OG was a leading modular AI blockchain.
• 0G aims to democratize AI as a public good, attracting interest across various sectors.

On October 1, 2024, 0G announced a groundbreaking shift in its identity, evolving from a leading modular AI blockchain to the world’s first Decentralized AI Operating System (dAIOS).

This transformation underscores 0G’s commitment to decentralizing artificial intelligence and providing users with complete control over their data while promoting transparency, monetization, and incentive alignment.

Decentralizing AI workflows

In today’s highly centralized AI landscape, data ownership and decision-making processes often lack clarity. 0G aims to change that by leveraging blockchain technology to coordinate distributed hardware resources such as storage, computation, and data availability.

This innovative approach enables scalable, transparent, and auditable AI infrastructures that integrate seamlessly into various workflows.

The architecture of 0G comprises modular components including 0G Storage, 0G Data Availability (DA), and 0G Serving. Each of these components is designed to cater to distinct aspects of AI workflows, facilitating efficient management of vast data loads and real-time interaction with decentralized AI applications.

For instance, 0G Storage utilizes erasure coding to secure data while maintaining accessibility, all managed by incentivized miners through a unique consensus mechanism known as Proof of Random Access (PoRA).

With throughput speeds of 50 GB/second, 0G is positioned to outperform competitors by a staggering 50,000 times at 100 times lower cost. This capability makes on-chain AI applications feasible, addressing critical issues such as ownership, transparency, monetization, and alignment that plague centralized AI systems.

0G’s mission is to democratize AI

Looking ahead, 0G’s mission is to democratize AI as a public good, fostering an extensive ecosystem that encompasses various sectors including gaming and decentralized finance (DeFi).

The platform’s rapid scalability and efficient data management solutions are already attracting significant interest from key players in the Web3 space.

As 0G continues to advance its dAIOS infrastructure, it stands at the forefront of the decentralized AI revolution, committed to reshaping the future of technology and data management.

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