A recent Binance Research analysis reveals that 97% of meme coins have lost their value, making them a risky investment. Simultaneously, investors are gravitating towards utility tokens with real-world applications.
Rise and Fall of Meme Coins
Characterized by dramatic price swings and broad attention, the meme coin phenomenon peaked in 2023 and 2024. While tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) have managed to retain value, most meme coins have struggled to sustain trading volume or value. Binance Research highlights the lack of intrinsic value and market sentiment dependence as main reasons for failure. The report also mentions the existence of 'pump-and-dump' schemes that mislead inexperienced investors. Meme coins have thus shown themselves to be a risky investment tool with little reliability. Consequently, many investors are beginning to choose tokens with clear utility within the blockchain ecosystem.
Rexas Finance (RXS): Utility-Driven Tokenization
Rexas Finance (RXS) is gaining attention for its role in the tokenization of real-world assets. Unlike meme coins, RXS allows investors to engage in digital ownership of real estate, commodities, and luxury items, adding consistent relevance and market value. Currently in its presale stage 5, RXS has sold over 128 million tokens and raised around $6.7 million, showing immediate success. The token price has increased with each presale round, offering potential gains for investors. Rexas Finance emphasizes investment security by having conducted a smart contract audit with CertiK.
Why Utility Tokens Matter?
Though meme coins may still have some appeal, the Binance Research paper portrays them as weak choices for sustainable investments. Conversely, utility tokens offer more than speculative gains, providing the infrastructure and tools required to drive the blockchain industry forward. For those looking for stability in cryptocurrency investments, utility tokens, such as RXS, present a more consistent and significant strategy.
As the cryptocurrency market continues to evolve, utility tokens become increasingly significant as reliable and practical tools for long-term investments.
