Shiba Inu token burn rate surges 6153% as Rexas Finance eyes major price increase

outlookindia.com November 9, 2024, 11:01 AM UTC

The Shiba Inu (SHIB) ecosystem has experienced a significant increase in its token burn rate, rising by 6,153% in the past week. Over 5.7 billion SHIB tokens were removed from circulation, which may enhance the token's scarcity and value. Meanwhile, Rexas Finance (RXS) is gaining attention in the real-world asset tokenization market. Currently priced under $0.10, forecasts suggest it could rise to $13, driven by strong investor interest and innovative features that simplify asset ownership. RXS has completed its fourth presale stage, raising over $5.45 million. With more than 72% of tokens sold and plans for listings on major exchanges, investor confidence in Rexas Finance continues to grow.


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