Is the bottom in after a 77% slump from the top?

As Dogecoin nears a bottom with indicators pointing to a rally next, Rexas Finance is gaining traction ahead of its exchange debut.

Dogecoin (DOGE) has plummeted nearly 77% from its all-time high (ATH). The memecoin has struggled due to market-wide selling pressure, but hints of a possible bottom are developing. A crypto trader feels that DOGE is possibly at its lowest position, with whales accumulating and technical indicators showing bullish signals.

On the other hand, Rexas Finance (RXS), a popular $0.20 utility token, is also gaining traction. It provides investors with another option for potentially significant gains in 2025.

Dogecoin price action: Is the bottom finally in?

Following a prolonged sell-off and falling network activity, Dogecoin has shown notable volatility, currently trading around $0.171. Despite a near 77% dip from its all-time high of $0.7376, Dogecoin has shown some resiliency. The memecoin has risen 2.22% in the past week, indicating that selling pressure may be easing.

Moreover, market sentiment toward DOGE has improved. On-chain data shows that whales recently amassed more than 1.7 billion DOGE ($298 million) in just 72 hours. Historically, large-scale buying from whales has frequently indicated the conclusion of a slump. Technical analysts have also identified an oversold Relative Strength Index (RSI). This condition has previously indicated large bottoms for DOGE, implying a possible price rebound.

How high can DOGE go from here?

The combination of whale accumulation, technical support, and improved sentiment offers a compelling case for a probable bottom. While Dogecoin may experience additional volatility, many traders feel the next massive breakout is coming. 

According to crypto analyst Trader Tardigrade, DOGE is retesting a crucial resistance trendline at $0.17. A conclusive breach over the resistance zone might propel Dogecoin to $2.80, with a symmetrical triangle breakout pattern having some traders aiming for $5.

Rexas Finance: The latest trend in asset management

Rexas Finance is transforming real-world asset (RWA) tokenization, making traditional finance more accessible. The platform enables users to digitize and fractionalize high-value assets such as real estate, private equity, and commodities. Investors who previously required millions of dollars to access elite financial markets can join with minimal investments. 

RXS presale: No VC dumping and strong retail demand

The Rexas Finance presale has reached its last level (level 12), and demand is increasing. 91% of the tokens available for this stage have already been sold. The RXS price rose from $0.03 in Stage 1 to $0.20 in Stage 12, a 566% increase. 

The total amount raised is $47.3 million, and over 456 million RXS tokens have been sold as of this writing. Rexas Finance declined venture capital (VC) funding to minimize the risk of large-scale token dumping. Unlike many VC-backed enterprises that experience price drops after launch, Rexas Finance offers a more stable market structure for long-term investors.

Adoption surges as holders pass 50,000

Rexas Finance has experienced a quick surge in active holders, currently exceeding 50,000. This increase demonstrates the growing confidence and excitement about the initiative. 

Rexas Finance’s various applications have attracted investors. Beyond tokenization, RXS allows for passive income through staking and yield farming. Token holders can also participate in governance, which enables them to influence platform choices. 

Rexas Finance operates with a token supply cap of 1 billion, assuring long-term scarcity. Its deflationary mechanism steadily reduces the circulating supply to ensure price stability and long-term value.

RXS exchange debut: What investors can expect

Rexas Finance plans to launch on June 19, 2025, on at least three of the top ten global cryptocurrency exchanges. The listing price has been confirmed at $0.25. The exchange listings will potentially boost liquidity, market exposure, and adoption. 

Following the pattern of prior high-profile listings, analysts project that RXS could jump by 100,000% post-launch. With significant presale demand, increasing adoption, and major exchange support, Rexas Finance has positioned itself as one of the top new altcoins of 2025.

Final thoughts

Dogecoin has been on a long-term decline but may have found the bottom. Whale accumulation and major technical indicators suggest a possible breakout in the coming weeks. A return to earlier highs is possible if DOGE sustains crucial support levels. 

Rexas Finance is gaining traction for investors seeking the next big opportunity. The presale is nearing completion, and the exchange launch is scheduled for June 19. With excellent fundamentals and great investor interest, Rexas Finance could surge significantly post-launch.

For more information about Rexas Finance, visit the website, whitepaper, X, or Telegram.