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

Cryptopolitan
Updated
Mitrade
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. 


* 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
Do you find this article useful?
Related Articles
placeholder
Dogecoin Price Forecast: DOGE breaks short-term price range, signals bullish comeback Dogecoin (DOGE) has been consolidating under $0.20 since Saturday, making a short-term range with $0.1863 as the lower boundary. DOGE bottoms out the previous week’s downfall with this range breakout on Tuesday, resulting in an increased short-liquidation spike and a bullish technical outlook.
Author  FXStreet
6 hours ago
Dogecoin (DOGE) has been consolidating under $0.20 since Saturday, making a short-term range with $0.1863 as the lower boundary. DOGE bottoms out the previous week’s downfall with this range breakout on Tuesday, resulting in an increased short-liquidation spike and a bullish technical outlook.
placeholder
Bitcoin Hashrate Breaks Record Even As Mining Gets Harder Than EverOn-chain data shows the 7-day average of the Bitcoin Hashrate has just set a new record, despite network difficulty being at an all-time high.
Author  Bitcoinist
7 hours ago
On-chain data shows the 7-day average of the Bitcoin Hashrate has just set a new record, despite network difficulty being at an all-time high.
placeholder
Bitcoin Price Crash To $104,000: What You Need To Know In JuneCrypto analyst Doctor Profit has risen in fame for making multiple near-perfect calls for the Bitcoin price. He had predicted the Bitcoin decline from $109,000 back down and then called a bottom at
Author  NewsBTC
7 hours ago
Crypto analyst Doctor Profit has risen in fame for making multiple near-perfect calls for the Bitcoin price. He had predicted the Bitcoin decline from $109,000 back down and then called a bottom at
placeholder
Ethereum Flashes Bullish Morning Star Candlestick Pattern – Is ETH Rally Getting Started?While Ethereum (ETH) has posted impressive gains of 37.7% over the past month, the second-largest cryptocurrency by market capitalization still remains over 33% below its June 2024 levels.
Author  Bitcoinist
9 hours ago
While Ethereum (ETH) has posted impressive gains of 37.7% over the past month, the second-largest cryptocurrency by market capitalization still remains over 33% below its June 2024 levels.
placeholder
Litecoin Price Forecast: LTC likely to crash double-digit as dead-cat bounce scenario unfoldsLitecoin (LTC) is recovering and nearing its key resistance level, with price action emerging as a classic dead-cat bounce pattern.
Author  FXStreet
9 hours ago
Litecoin (LTC) is recovering and nearing its key resistance level, with price action emerging as a classic dead-cat bounce pattern.
Real-time Quote