REX is Live on Bitrue Alpha! Is it Worth Buying?

REX, a Solana-based token inspired by the beloved offline dinosaur game, is now live on Bitrue Alpha. With a recent surge in trading activity and a massive price spike, many traders are asking whether it is worth joining in. 

This article covers what REX is, its price movement, and a step-by-step guide on buying it safely via Bitrue Alpha.

What is REX?

REX takes its theme from the simple but addictive dinosaur game that appears in your browser when there is no internet connection. 

The game’s endless running and obstacle-jumping T-Rex character has been transformed into a meme token, appealing to both nostalgia and humour.

Built on the Solana blockchain, REX trades via Pump.fun on PumpSwap, which has become a launchpad for fast-moving meme tokens. Unlike projects with detailed whitepapers and complex technical goals, REX’s main draw is its theme, community, and market momentum.

The token has no officially stated long-term utility, and its price is driven primarily by social sentiment and short-term trading activity. This means it can deliver fast gains but also sharp losses if interest fades. 

For traders, its appeal lies in its rapid market entry and the possibility of profiting from the volatility while the hype lasts.

Meme tokens like REX often thrive on community interaction and viral attention rather than underlying fundamentals. Understanding this dynamic is key before deciding to participate.

Read also: YARL Listing on Btirue Alpha: Here is How to Buy It

REX Price Analysis and Market Outlook

In the past 24 hours, REX has surged by more than 6,770%, climbing to a price of $0.005062. Market capitalisation has reached $5 million, with liquidity at $311,000 and trading volume hitting $16 million. 

The number of transactions has exceeded 119,000, with a near balance between buying and selling volumes.

The 6-hour chart shows a gain of 96.16%, while short-term frames like the last hour have small pullbacks, reflecting profit-taking after the rally. This combination suggests that the overall uptrend is still strong but could be interrupted by sharp corrections.

If you already hold REX, the upward pressure and high trading activity indicate that momentum may continue. For those considering entry, the risk is that buying after such a steep rise leaves less room for upside and more exposure to sudden drops.

The decision to buy, hold, sell, or stay out depends on your risk tolerance. If you do join, it is best to use funds you can afford to lose entirely, as this is a highly volatile asset. 

While the trend remains positive, it is not immune to reversal, especially in the fast-moving meme coin space.

This is not investment advice but an objective look at market behaviour. The uptrend is prominent, but so is the potential for swift declines.

Read also: BOSS on Bitrue Alpha: Introduction and How to Buy It

How to Buy REX on Bitrue Alpha

If you decide to purchase REX, Bitrue Alpha offers a safer and more structured way to trade compared to informal markets. 

Follow these steps using the token address FTggXu7nYowpXjScSw7BZjtZDXywLNjK88CGhydDGgMS:

1. Open the Bitrue app. 

Download the latest version:

• Google Play

• App Store

2. Go to the Alpha section.

This section lists early-stage tokens available for trading.

3. Search for REX.

Paste the token address FTggXu7nYowpXjScSw7BZjtZDXywLNjK88CGhydDGgMS to ensure you are selecting the correct token.

4. Select REX/USDT.

Choose a market order for immediate purchase or a limit order to set your preferred price.

5. Confirm your order.

Once complete, REX will appear in your wallet as a spot asset.

Using Bitrue Alpha adds an extra layer of protection compared to less regulated platforms, while still letting you access trending meme coins.

Read also: RM Meme Coin on Bitrue Alpha, Here's the Price

Conclusion

REX’s debut on Bitrue Alpha comes at a time of high market excitement, with prices soaring and volume surging. While the trend remains strong, the volatility is equally high, making risk management essential.

For those choosing to participate, Bitrue Alpha provides a safer and more transparent way to buy REX compared to riskier channels. As with all meme coins, it is wise to approach with caution and avoid investing more than you can afford to lose.

Read also: Is Bitrue Alpha Worth It? Give it A Try Now

FAQ

What is REX?

REX is a meme token on Solana inspired by the offline dinosaur game that appears when you lose internet connection.

What is the REX token address?

The address is FTggXu7nYowpXjScSw7BZjtZDXywLNjK88CGhydDGgMS.

How much has REX risen recently?

It has increased by over 6,770% in the last 24 hours, with strong trading activity.

Is REX a safe investment?

REX is highly volatile and can see rapid price swings, so it carries significant risk.

Where can I buy REX?

You can buy REX on Bitrue Alpha by searching with the token address and trading it against USDT.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.