Crypto News

Elon Musk's Favorite Crypto Has Massively Underperformed in 2025, Is Dogecoin Still Eyeing $1?

20 Mar, 2025

Elon Musk's Favorite Crypto Has Massively Underperformed in 2025, Is Dogecoin Still Eyeing $1?


 **Dogecoin’s Struggles Continue: Can It Still Reach $1, or Will Rexas Finance Take Over?**

Dogecoin (DOGE) captured the market’s attention in late 2024, surging to $0.45 after an impressive post-election rally. Investors were hopeful this was the long-awaited push toward the $1 mark. However, the excitement was short-lived. Since February 2025, DOGE has erased all its gains, now trading below $0.20. With its current price at $0.16, many are questioning whether Dogecoin still has the potential to hit $1—or if the narrative has changed.

### **DOGE Faces Mounting Sell-Offs and Uncertain Momentum**

Dogecoin has been on a consistent downward trend for weeks, with no clear signs of a swift recovery. The coin briefly stabilized around $0.20 before plunging another 9.7% in just 24 hours. On-chain data reveals a mixed outlook.

A massive transfer of **360 million DOGE (worth $62.67 million) to Binance** has raised concerns about increased selling pressure. Large transfers to exchanges often signal an intent to sell, which could push DOGE’s price even lower. While some traders believe this could be a routine transfer rather than an imminent sell-off, market sentiment remains on edge.

Interestingly, **Dogecoin’s active addresses surged by 270% in just 24 hours**, jumping from **71,750 to 264,000**. Typically, increased network activity is a bullish sign, indicating higher adoption and engagement. However, despite the rise in holders, DOGE remains stuck below the key psychological level of $0.20, suggesting that price appreciation isn't guaranteed.

### **Can Dogecoin Still Reach $1 in 2025?**

Historically, Dogecoin has experienced major corrections before massive breakouts. In **October 2022**, DOGE dropped **64%**, only to surge **300%** months later. A similar correction in **March 2024** led to a **500% rally**. If history repeats itself, DOGE could still be poised for a major breakout.

However, this time, the downturn appears more severe, raising doubts about a full recovery. Analysts believe Dogecoin’s future depends on key catalysts such as:

- **Renewed whale accumulation**

- **A potential Dogecoin ETF approval**

- **Another Elon Musk-fueled hype cycle**

Without these factors, DOGE may struggle to regain momentum. As uncertainty looms, many investors are exploring more promising opportunities in **utility-driven cryptocurrencies** rather than relying on meme coin speculation. One project that’s rapidly gaining traction is **Rexas Finance (RXS)**—a blockchain ecosystem focused on real-world financial applications.

### **Why Investors Are Moving Toward Rexas Finance (RXS)**

As the broader crypto market faces turbulence, **Rexas Finance (RXS)** has emerged as a standout performer. The project recently surpassed **50,000 active holders**, positioning itself as a leading force in **real-world asset (RWA) tokenization, decentralized finance (DeFi), and AI-powered financial solutions**.

Unlike meme-driven tokens, **Rexas Finance bridges blockchain technology with traditional finance**, allowing users to **fractionalize ownership of real estate, commodities, and financial instruments**. With the **RWA tokenization industry expected to surpass $30 trillion by 2030**, RXS is at the forefront of a booming sector.

#### **Key Features Fueling Rexas Finance’s Popularity:**

✅ **RWA Tokenization Marketplace:** Enables users to securely digitize and trade real-world assets.

✅ **Rexas AI Shield:** Advanced AI-powered security detects smart contract vulnerabilities before exploitation.

✅ **Multi-Chain Staking & Yield Optimization:** Ensures stable passive income for investors despite market fluctuations.

### **RXS Presale Success and Exchange Listing Plans**

The **Rexas Finance presale has been a massive success**, with **Stage 12 (final stage) already 91% sold out**. Investors have poured in **$47.2 million**, making it one of the most anticipated launches of 2025.

Unlike projects backed by venture capitalists, **Rexas Finance has rejected VC funding**, ensuring a fairer token distribution that favors long-term holders.

🚀 **Mark Your Calendar: June 19 Exchange Debut**

RXS will officially list on at least **three of the world’s top 10 exchanges** at an initial price of **$0.25**. Analysts predict that RXS could be among **2025’s biggest gainers, with a price target of $10** before year-end.

### **Final Verdict: Will DOGE Recover, or Is Rexas Finance the Future?**

Dogecoin’s journey to $1 remains uncertain, weighed down by sell-offs, weak momentum, and investor fatigue. While historical trends suggest a potential breakout, DOGE needs **stronger adoption catalysts and renewed whale interest** to regain its bullish trajectory.

Meanwhile, **Rexas Finance (RXS) is proving to be one of 2025’s top-performing projects**, driven by its strong fundamentals and real-world applications. With its **exchange debut on June 19** and growing institutional interest in RWA tokenization, RXS is emerging as a **high-utility investment with long-term growth potential**.

With the **final presale stage almost sold out**, investors looking for the next major opportunity are securing RXS before its public launch. Will you be part of the next big crypto wave? 🚀

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