Could We See Dogecoin And Shiba Inu Prices Continue to Rise As We Take A Look Into New Sensation Remittix

Mitrade
Trending Articles
coverImg
Source: DepositPhotos

There were brief moments last week where it seemed possible that both Shiba Inu and Dogecoin might see sustained rises. This theory has been put to bed in the last 24 hours as things have taken a dramatic turn for the worse. Both assets have plummeted in value and continue to exhibit downward pressure. This comes as the broader meme coin market takes a huge hit. Many avid meme coin enthusiasts are now turning their attention to utility-focused projects in hopes of more stable returns. One such project is Remittix RTX, which offers a practical way of handling worldwide payments, and is poised to outperform conventional financial systems. It has raised over $10.8 million in its presale and it is well on its way to disrupting the PayFi space in 2025. So how far could Remittix (RTX) go and can Shiba Inu and DogeCoin make it this year?


Dogecoin Sees Steep Decline Overnight


Dogecoin (DOGE) has crashed overnight, dropping 20% of its value in the last 7 days. This has brought Dogecoin’s net monthly loss to 37.75%, putting Dogecoin in real trouble. On-chain analytics suggest that while the asset has dipped in value, large holders have significantly increased their positions. Addresses holding quantities of Dogecoin worth between $1 million and $10 million have increased by 27.43% and 29.28% respectively. Together, these big holders have piled on over $2 billion of Dogecoin within the last thirty days.


Shiba Inu Is In The Red 


Shiba Inu has also been on a catastrophic downward trend, seeing an 18% loss in the last 24 hours alone. However, for Shiba Inu, the picture is even worse with a 42% net loss across the last 30 days. It is times like this where Shiba Inu is hurt by its large whale holding. Over 58% of Shiba Inu’s holding addresses are made up of whales, so when the market is on shaky ground, large sell offs are inevitable, exacerbating the volatility. 


Remittix Changes the Game for Cross-Border Transactions


Crypto was supposed to remove barriers in global finance but for most people, using digital assets in everyday life is still frustrating. Converting crypto to cash is slow, expensive and complicated, while businesses and freelancers struggle to accept payments without taking on volatility risks.


That’s exactly why Remittix (RTX) is gaining so much attention. It’s turning crypto into real money, instantly, without the usual roadblocks. With its presale now surpassing $10.8 million, it’s clear that investors see the long-term potential of this PayFi disruptor.

Let’s say a remote worker in the Philippines gets paid in Ethereum for freelance work. To withdraw their earnings, they need to go through an exchange, pay conversion fees, wait for processing times and deal with unpredictable banking rules. The same struggle applies to businesses trying to accept crypto payments; they either risk price swings or face delays in turning digital assets into spendable cash.

With Remittix, these problems disappear. The platform allows users to convert over 40 cryptocurrencies into FIAT and send the money directly to any bank account worldwide within 24 hours. No hidden charges, no long waits, just direct, simple payments that actually work.


Remittix Steals The Show In Presale 


Early investors can snap up RTX tokens for $0.0539 in the current stage of the presale, which has already raised more than $10.8 million. The project is expected to rock the PayFi space, disrupting the status quo and claiming a large share of the global payments market. For this reason, analysts have anticipated an 800% price rise during the presale phase with further gains post-launch. For those who want to get in early on a potential market disruptor, Remittix presents an unmissable opportunity. 


Read more

  • Aave Price Forecast: AAVE approaches $1 trillion in all-time loans despite recent market downturn
  • Gold drifts higher amid growing concerns over US government shutdown
  • ADP Report expected to show a mild rebound in employment in October
  • Dogecoin Price Forecast: DOGE steadies amid declining retail interest, bearish on-chain signals
  • Forex Today: US Dollar rally pauses to start new week
  • Forex Today: US Dollar consolidates gains ahead of key data
  • * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

    goTop
    quote
    Related Articles
    placeholder
    Dogecoin Price Forecast: DOGE steadies amid declining retail interest, bearish on-chain signalsBoth the on-chain and derivatives data suggest weak sentiment among retail and long-term holders.
    Author  FXStreet
    19 hours ago
    Both the on-chain and derivatives data suggest weak sentiment among retail and long-term holders.
    placeholder
    Aave Price Forecast: AAVE approaches $1 trillion in all-time loans despite recent market downturnAave price rebounds, trading above $196 on Wednesday after finding support near a key technical level.
    Author  FXStreet
    19 hours ago
    Aave price rebounds, trading above $196 on Wednesday after finding support near a key technical level.
    placeholder
    The Dollar Is Back — And Bitcoin May Be in TroubleAfter nearly three months of range-bound trading, the US Dollar Index has broken above the 100 mark, its highest level since August, reigniting concerns across risk asset markets.
    Author  Beincrypto
    Nov 04, Tue
    After nearly three months of range-bound trading, the US Dollar Index has broken above the 100 mark, its highest level since August, reigniting concerns across risk asset markets.
    placeholder
    XRP, BNB, and SOL record major losses as Bitcoin slides to $105,000Ripple (XRP), BNB, and Solana (SOL) are trading in the red on Tuesday as the broader cryptocurrency market suffers a sell-off wave that has triggered $1 billion in liquidations over the last 24 hours.
    Author  FXStreet
    Nov 04, Tue
    Ripple (XRP), BNB, and Solana (SOL) are trading in the red on Tuesday as the broader cryptocurrency market suffers a sell-off wave that has triggered $1 billion in liquidations over the last 24 hours.
    placeholder
    Bitcoin Stalls Below $110,000 as Miners Step In to SellBitcoin’s price recently failed to breach the $110,000 resistance, reigniting concern among investors.
    Author  Beincrypto
    Nov 03, Mon
    Bitcoin’s price recently failed to breach the $110,000 resistance, reigniting concern among investors.
    Live Quotes
    Name / SymbolChart% Change / Price
    DOGEUSD
    DOGEUSD
    0.00%0.00

    cryptocurrency Related Articles

    • Trading Chart Patterns:Ultimate Guide to Price Action
    • How to Day Trade Crypto? Simplest Day Trading Strategy Ever
    • Places that Provide Cheapest Ways to Buy Bitcoin In 2025
    • 10 Best Crypto With Most Potential to Buy and invest in 2025 - Top Picks from Expert Traders
    • What is Starknet (STRK)? Value of Starknet Coin and Project Development
    • How To Buy Bitcoin In Malaysia? Top 7 Best Crypto Exchanges & Trading Apps

    Click to view more