In particular, for Dogoin (DOGE), Elon Musk, CEO of Billionaire Entrepreneur in Tesla and Spacex, was among the most influential players in the Bitcoin scene. Often he sends the price of the DOGE rising, his general tweets and care helped its founding as the informal Meere Coin Ambassador. Musk was significantly silent about Dogecoin, which prompted many questions about whether Elon Musk had missed Duj.
Current mode of Dogecoin (Doge)
With a value of $ 25.24 billion and the eighth place in market value, Dogecoin remained a major participant in the encryption scene. Doug looks relatively fixed at a price of $ 0.16989 and 24 -hour trading volume of $ 3.86 million. However, investors wonder whether Mossk’s silence of the dialogue had any impact on the current stagnation of the currency.
Technical marks provide a mixed image. The RSI (RSI) index appears from 43.54 Dog a neutral to positive in the market. Meanwhile, the average trend index of 39.99 indicates that the currency maintains a strong directional movement.
SAR is equivalent to the upper preparation; The simple moving average of 50 days (SMA) of $ 0.1689 supports upward trend. However, without caring for Musk’s signature, investors are forced to rely on market trends more than the social media -based nails historically.
Musk effect on the price of Dogecoin
Musk’s interaction with Dogecoin was absolutely. It causes his tweets, usually necessary like one word like “Doug” or Mimi that indicates the currency, caused an unexpected increase over the years. Mainly driven by its general support and acceptance as paying some of the Tesla commodities, DOGE has achieved its highest level ever at $ 0.73 in 2021, which reflects its effect at its peak.
Musk’s concentration has recently turned into other endeavors, including its acquisition and Twitter to X. Spacex and Tesla, is still on top of concerns, which limits his attention on Doug. MUSK is currently in this issue that he might have been distributed in an expanded portfolio of interests, unlike past times when he was hinted periodically in future use of Dogecoin.
Pushing Dogecoin to wide acceptance is still an ongoing endeavor. The developers are working on improvement in Blockchain’s expansion. Some companies still allow the payment of Dog’s price, thus maintaining their benefit. For many, though, Dogoin’s attractiveness has always been its cultural reputation as “people’s encryption”, with Musk Center in this definition.
Dog will find it difficult to re -create the explosive gatherings that I knew earlier without his continuous support. Although the impact of social media on Musk has mainly formed the Dogoin path, which is a new competitor, Rexas Finance (RXS)He explains that the cryptocurrency can only explode in practical cases instead of caring for celebrities.
With everyone, anywhere, we are able to distinguish real origins and their trade easily, RXS is the symbol of the real world origins (RWA) that changes the financial scene.
New era: Rexas Finance (RXS) rises without the influence of celebrities
Through before, it brought about 47.62 million dollars as it is close to completing its last stage, Rexas Finance has already shown a great expansion. Its price is originally at $ 0.20 and 91.62 % full, RXS is expected to be launched for $ 0.25.
Unlike many encryption companies depending on investment capital, Rexas Finance allows ordinary investors to participate in their journey by maintaining their revolution under the audience’s control. It already reaches noticeable criteria, the cryptocurrency is listed on Coinmarketca and Coingecko, which enhances the investor confidence. For long -term bearers, CERTIK’s review also confirmed the validity and security of the project, which directs their selection.
RXS has jumped more than 500 % since the pre -scanning stage; Permanent analysts estimate that its price may rise to 20 dollars, which reflects the return of 100x. Increased demand and the state of clear use leads this wonderful path, indicating that the coin does not require billionaire tweet to flourish.
Future: Doug vs RXS
While Dogecoin still is of high value in the encryption scene, its dependence on Musk’s effect raises questions about its long -term survival. If Musk remains a mute, DOGE may find it difficult to restore the motifs you have once. On the contrary, Rexas Finance (RXS) follows a way to succeed based on principles, interest and natural demand instead of celebrity -based marketing.
For those who think about the next great opportunity, RXs offers a strong argument as the actual metal currency of survival. Unlike Dogecoin, who suffers from uncertainty due to the silence of Musk, Rexas Finance only flourishes on his strong foundations and innovative application.
For more information about Rexas Finance (RXS), please visit the links below:
Website: https://rexas.com
Win $ 1 million: https://bit.ly/rexas1m
White paper: https://rexas.com/rexas-whitepaper.pdf
Twitter/x: https://x.com/rexasfinance
cable: https://t.me/rexasfinance
