Dogecoin, Shiba Inu Holders Flock To A New Crypto Analysts Believe May Replace XRP In The Future

The meme mania came and vanished just as fast. Dogecoin’s sturdy performance and 23% MoM gain are now facing an imminent threat after analysts identified a death cross formation. And Shiba Inu’s price? There’s not much left for the bulls after the meme token recorded a 24% decline in activity this month.

But as meme coin fatigue sets in, meme enthusiasts and whales are now prioritizing value-driven utility while turning their attention to what many are calling the next XRP Remittix. The PayFi token has gone viral after securing over $15.4 million for its regulatory-compliant borderless payment solution. Read on to learn more.

Dogecoin stuns market bull with death cross—Is the bull run over?

The meme hype is fizzling out. Dogecoin is at a critical crossroads after analysts identified a death cross on its daily chart. Although still unconfirmed, the bearish formation could wipe out the meme coin’s gains from earlier this month. 

Dogecoin price analysis. Source: U.Today

Despite the ominous signal, RSI sits at 57, suggesting that the meme coin isn’t overbought. Meanwhile, some analysts believe Dogecoin can get a bullish breakthrough if Bitcoin continues its surge above $112k. The question now is: Will the bulls step in time to flip the script? Or is this the beginning of the end for Dogecoin’s recent rally? The market holds its breath.

Shiba Inu activity declines by 74%. What’s next for the Shiba Inu price?

The outlook is also mixed for the popular Dogecoin killer, Shiba Inu. Onchain data from IntoTheBlock revealed that whale accumulation and large transactions in SHIB dropped by a staggering 74% in just five days, from 5.76 trillion SHIB on May 20 to a mere 1.47 trillion SHIB by May 25. For a token that thrives on hype and high-frequency whale moves, this kind of drop is nothing short of dramatic.

Shiba Inu 1M price chart. Source: Coinmarketcap

On the price chart, Shiba Inu’s price has been consolidating into a tightly bound range. Despite a moderate 2.4% gain MoM, traders’ indecisiveness has held the meme coin in limbo, between $0.00001388 and $0.00001670. RSI remains flat at 50, a textbook indicator of indecision and proof that many investors are losing interest in the meme coin’s speculative background.

Meme enthusiasts back Remittix’s XRP-inspired cross-border remittance solution

What started as a ripple is turning into a wave only this time, it’s not the usual meme hype; it is Remittix leading the charge with incredible growth potential. Drawn by its lightning-fast, decentralized cross-border payment system, smart investors are now backing a solution that finally delivers on XRP’s promise.

Unlike legacy systems bogged down by delays and fees, Remittix is built for frictionless movement of value across borders, with real-time settlements, no intermediaries and full transparency on-chain. Simply, Remittix allows anyone to transfer money via crypto to anywhere worldwide and have it received as fiat currency. It’s a redefinition of the speed, scale, transparency and anonymity in the global payment market.

The part that struck a chord with meme enthusiasts is its passive income opportunity. With the Remittix token, you can earn lucrative rewards while sending or receiving money. It is a rare fusion of purpose, utility and opportunity. Analysts and meme enthusiasts are rallying behind its ongoing presale, putting together over $15.4 million to support the PayFi vision. The price is still enticingly low, just $0.0781.

Conclusion

As Dogecoin and Shiba Inu lose momentum, a new narrative is taking hold with Remittix at the helm. Analysts have predicted that the project could be the next 100x asset, especially if it captures a fraction of the $190 trillion payment market. At just $0.0781, the Remittix presale offers an early entry into what could be the next major player in global crypto finance. Miss it now and regret it later.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix