The crypto market is at a crossroads as Shiba Inu (SHIB) approaches what may be a landmark year. Though utility-focused initiatives like Shibarium and metaverse integration have made waves, analysts differ on Shiba Inu’s long-term outlook, partly due to its lack of concrete utility beyond these late additions.
Oversupply worries and shifting investor sentiment suggest Shiba Inu (SHIB) could plummet by 50% and some predict an even more devastating fate for the asset. Still other contenders include Remittix (RTX), which is setting out to fix flaws in the $190 trillion cross-border payments industry. So what’s driving Remittix’s popularity, and can Shiba Inu make it through 2025?
Shiba Inu Drops 6% in 24 Hours
Shiba Inu has been struggling lately, now trading at $0.00002283 and down a staggering 74% from its 2021 ATH. The last 30 days have seen Shiba Inu’s (SHIB) value drop by a net 6.5%, with a 3.75% recovery in the last week. And yet the asset fell again in the last 24 hours – losing 5.97% – painting a grim picture for Shiba Inu holders.
Shiba Inu’s overwhelming supply of 589.5 trillion tokens could be a contributing factor, potentially suppressing its value. Limited token burns and declining market sentiment in the meme coin space have further exacerbated the problem. Without addressing its oversupply issues or finding ways to expand utility significantly, analysts warn that Shiba Inu’s price could plummet by over 50% in 2025.
Remittix Redefines Cross-Border Payments
Remittix (RTX) is making strides in the PayFi space with its real-world applications and focus on addressing inefficiencies in global financial systems. By allowing users to convert more than 40 cryptocurrencies into fiat and transfer funds seamlessly across borders, Remittix eliminates the delays and hidden fees associated with traditional payment systems.
For businesses, Remittix offers game-changing solutions. Its Pay API simplifies cryptocurrency payment acceptance and fiat settlements, with support for over 50 cryptocurrency pairs and 30 fiat currencies. The instant settlement feature of the platform speeds up processing times for businesses and individuals drastically compared with traditional systems, increasing their liquidity and making them more effective in a fast-paced market.
A multi-currency wallet is also hosted on Remittix (RTX), allowing users to manage multiple fiat and cryptocurrency assets from one account. This function is especially handy for freelancers and global businesses who often deal with international payments.
Remittix Surpasses $3.5 Million in Presale
The RTX utility token is at the heart of the Remittix ecosystem and drives staking, governance, and reward mechanisms. Available for $0.0217 in its presale, RTX has raised over $3.3 million so far and continues to gain momentum. Analysts project a steep 800% price surge by the time of the presale’s conclusion and a further rally post-launch, highlighting its potential to disrupt the PayFi space.
With a clear roadmap and powerful utility for investors, businesses, and individuals, Remittix (RTX) is set to capture a significant share of the $190 trillion cross-border payments industry, offering an unparalleled investment opportunity for 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/ Socials:https://linktr.ee/remittix
