Dogecoin (DOGE) has lost 27% of its yearly gain in 30 days, raising investor questions about the king meme coin.
However, recent institutional investor interest in the spot Dogecoin ETF and whale actions has revived confidence.
Analysts expect a huge surge.
Can Elon Musk’s favorite cryptocurrency reach $1 in 21 days?
Dogecoin builds momentum for a possible rally
Dogecoin is trading at $0.25 as of this writing, down 2.0% over the past week.
At $0.25 and $0.23, DOGE has steadied close to critical support levels.
Several developments suggest Dogecoin might be preparing for a notable rally in the coming days.
Dogecoin price chart (24-hour), February 13, 2025 | Source: CoinGecko
Despite the unimpressive price performance, Dogecoin has been in the news.
A recent tweet from James Seyffart shows that the spot Dogecoin ETF approval odds now stand at 70%, indicating growing institutional interest.
Dogecoin’s whale activities have been equally impressive.
According to on-chain analytics, over 750 million DOGE tokens have been amassed in the last two weeks, indicating a significant accumulation phase before a major price change.
Meanwhile, the anticipation of Changpeng Zhao’s (CZ) forthcoming pet dog revelation has stoked social media conjecture.
Many expect it will spark a new wave of dog-themed crypto frenzy.
However, the race to the anticipated $1 will not be straightforward. DOGE must break above the $0.30 resistance level to enter a bullish distribution phase and maintain its rise.
The following significant resistance levels, at $0.48 and $0.70, correspond to Fibonacci extensions, which might propel momentum toward the $1.30 price point, a 165% increase from current levels.
Failure to breach these resistances could result in extended consolidation around the $0.20 level.
Therefore, the current price outlook makes DOGE’s rally above the $1 mark in the next 21 days doubtful.
Amidst DOGE’s challenges, investors are jumping on the ongoing Rexas Finance (RXS) presale.
At just $0.20, this utility coin offers more stability and upside than Dogecoin in 2025.
Rexas Finance (RXS): a utility coin with better potential
Rexas Finance (RXS) is poised to revolutionize real-world asset (RWA) tokenization by addressing a major issue in traditional investing: liquidity in illiquid assets.
Rexas Finance uses blockchain technology to fractionalize real estate, art, and commodities into digital tokens, allowing for smooth trading and investment by anyone worldwide.
Traditional real estate investments, for example, involve enormous sums of money and rigorous paperwork, making them typically out of reach for individual investors.
RXS allows an investor to buy a piece of a property through tokenization, making it as simple as purchasing cryptocurrency.
This releases billions in dormant asset value, transforming physical assets into easily traded financial instruments.
Click here to buy Rexas Finance (RXS) presale
Rexas Finance’s presale has already demonstrated its superiority by raising $45.9 million as of publishing and selling 449 million RXS tokens at a presale price of $0.20.
The presale is currently in Stage 12 (Final Stage), with 89% finished, indicating significant demand and investor trust in its long-term potential.
Unlike speculative memecoins like DOGE, RXS provides several essential features, establishing it as a high-value utility token.
Rexas Finance democratizes asset ownership by letting anybody invest in high-value assets once accessible to large investors.
Using the blockchain, tokenized real-world assets can be traded 24 hours a day, seven days a week, eliminating conventional market inefficiencies.
Security is a major issue with cryptocurrency, but Rexas AI Shield ensures that all tokenized assets and smart contracts undergo rigorous AI-powered security assessments.
This feature reduces the danger of exploits, fraud, and manipulation.
Rexas Finance’s multi-chain infrastructure ensures its ecosystem is available via Ethereum, Binance Smart Chain, and Polygon, allowing investors to choose the most cost-effective and scalable network.
Meanwhile, Rexas Treasury’s yield potential maximizes the benefits of staking and the liquidity pool.
This means that RXS holders can make more money over time, which makes it a good DeFi utility.
Additionally, Rexas Finance’s targeted tokenomics and burning mechanism improve price stability.
With no venture capital (VC) funding, RXS avoids large-scale token dumps, which normally cause prices to plummet shortly after their debut.
The project’s Certik audit also increases investor trust by demonstrating its security and legality.
Rexas Finance is sponsoring a $1 million giveaway to reward early adopters.
Twenty winners will each receive $50,000 in RXS.
This strategy boosts engagement, liquidity, and demand before the exchange debuts. With its imminent exchange debut, analysts anticipate post-listing price increases, particularly considering the 100x potential from presale prices. As RWA tokenization grows in popularity, RXS is perfectly positioned to seize market supremacy.
Conclusion
Dogecoin remains a speculative asset with notable growth potential, but its ability to reach $1 in 21 days remains doubtful.
Meanwhile, Rexas Finance is a fundamentally sound project with real-world use cases, significant presale momentum, and enormous upside potential.
With its ongoing presale nearing completion and an appealing $1 million giveaway, investors seeking high-growth prospects may consider acquiring RXS before its market debut.
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
The post Dogecoin news: Elon Musk’s favorite crypto is ready to pump—can it reach $1 in 21 days? appeared first on Invezz
