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Crypto Trader Who Profited $80M from Dogecoin During the 2021 Bull Run Spotted Buying into New DOGE Rival Priced Below $0.10
- A crypto trader who secured an $80m profit from early investment in Dogecoin has been reportedly buying Rexas Finance (RXS), a cheaply-priced cryptocurrency seen as a rival to DOGE. During its presale stage, RXS was priced at just $0.06 and stimulated interest from investors. Investors were initially attracted to DOGE as it possessed social media support and a community presence, but Rexas Finance has a practical purpose: allowing real-world object tokens such as paintings and real estate. Further interest in Rexas Finance has also been generated through a community oriented giveaway and Rexas Finance's presence in asset tokenisation.
- Prior to the RXS sale, investors must ensure that they have a compatible wallet with wallet connect features and the right amount of Ethereum they will need to cover any network gas fees. To purchase RXS via the Rexas platform, investors must click on the 'connect wallet' button visible at rexas.com, confirm their purchase amount, and receive their tokens after approving a transaction request. With each subsequent presale round, the price of RXS has gone up and attracted investors looking for a promising - yet affordable - cryptocurrency.
- Rexas Finance is seen as different from DOGE by investors who are increasingly attracted by the idea behind it. By tokenising real-world objects, Rexas Finance seeks to offer high activity and growth potential, something that many investors find appealing. As far as community makes a difference, the giveaway associated with the presale adds to the buzz surrounding the future of the token, and gives investors a chance of getting $50,000 each.
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