Shiba Inu (SHIB) has posted major losses in the last week, falling further in the last 24 hours, causing anarchy among holders, with many switching over to different projects in hopes of stability. One top choice is Remittix (RTX), which has quickly racked up attention for its advanced PayFi solution, tackling inefficiencies in the cross border payments space. Having raised over $4 million in just a few weeks of its presale, Remittix is gearing up for a big year. So how will Shiba Inu and Remittix perform over the next quarter?
Shiba Inu: Is the Hype Fading?
Shiba Inu (SHIB) has seen its fair share of highs, but lately, it’s been struggling to keep pace. Currently trading at $0.0000202, SHIB is down 5.61% over the past week, with momentum slowing. Whale dominance remains a concern, as 58.60% of Shiba Inu (SHIB) is held by a small group of large investors, leaving it vulnerable to big sell-offs.
On the technical front, Shiba Inu’s (SHIB) MACD suggests bearish momentum, and with RSI hovering near oversold levels, a bounce doesn’t look imminent. Short-term holders appear to be exiting, while long-term supporters are staying put—but their patience may be running thin as hype shifts toward new meme coins like Trump Coin.
With analysts predicting a potential 50% drop by month’s end, Shiba Inu’s near-term outlook feels uncertain. Can it regain its footing? Only time will tell.
Remittix (RTX) Redefines Global Payments
An inefficiency problem is looming over global finance. Specifically with respect to international payments, traditional systems are notoriously slow and often charge astronomical fees. Remittix (RTX) is designed to combat these inefficiencies, offering a more transparent and affordable alternative.
This solution lets users change over 40 cryptocurrencies to fiat currency while dispersing funds to any bank account worldwide. Unlike traditional financial systems with hidden fees and slow processing, Remittix charges a flat rate and transactions are completed within 24 hours.
The Remittix Pay API is a key draw for businesses, simplifying crypto payment acceptance and fiat settlement, allowing merchants to work effectively within the digital economy. Moreover, companies can set up merchant accounts to manage conversions in over 30 fiat currencies and 50+ cryptocurrency pairs, offering great flexibility so that businesses can manage their finances in a way that suits them.
Furthermore, Remittix (RTX) has a firm focus on privacy, ensuring that recipients receive funds as standard bank transfers without any indication of the transaction’s cryptocurrency origin. This design maintains the simplicity of traditional banking systems while leveraging blockchain technology.
Investors Race To Remittix As It Surpasses $3.8 Million
At the center of the Remittix ecosystem, the $RTX token fulfills several functions throughout, such as in reward mechanisms, governance, and staking. A supply cap of 1.5 billion is placed on the token to introduce scarcity as more investors buy in. The token is currently available to proactive investors for a ripe price of $0.0228 during the presale, which has already amassed over $4 million in investments.
Analysts predict a steep 800% price increase during the presale with a further rally post-launch. Remittix comes with a powerful value proposition, bridging the gap between crypto and fiat systems, and promoting efficiency among individuals and businesses within the financial sector. As its presale gathers momentum, Remittix is in the prime position to carve out a juicy share in the lucrative cross-border payments space. For those who want to explore the limits of PayFi while having a share in a market disruptor, this is not a project to sleep on in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
