Shiba Inu and Dogecoin Face Downward Pressure, While Remittix Rises as a PayFi Disruptor
In a brief surge last week, it seemed possible that Shiba Inu and Dogecoin could experience sustained growth. However, recent events have drastically altered this scenario. Both assets have plummeted in value and continue to face downward pressure, reflecting the broader decline in the meme coin market.
Amidst this turmoil, utility-focused projects such as Remittix RTX are attracting attention for their potential to deliver stable returns. Remittix offers a practical solution for global payments, aiming to surpass conventional financial systems. With over $10.8 million raised in its presale, it is poised to disrupt the PayFi space in 2025.
Dogecoin's Steep Overnight Decline
Dogecoin (DOGE) has experienced a significant overnight drop, losing 20% of its value in the past seven days. This has resulted in a net monthly loss of 37.75%, leaving Dogecoin in a precarious position.
Despite the asset's declining value, large holders have noticeably increased their positions. Addresses holding Dogecoin worth $1 million to $10 million have surged by 27.43% and 29.28% respectively. Collectively, these major holders have accumulated over $2 billion in Dogecoin within the last thirty days.
Shiba Inu's Catastrophic Decline
Shiba Inu has also endured a severe downward trend, with an 18% loss in the past 24 hours alone. However, the situation is more dire for Shiba Inu, which has lost a net 42% in the last 30 days. This decline is exacerbated by the presence of large whale holdings, comprising over 58% of all Shiba Inu holdings. In uncertain market conditions, whales often sell off large amounts, intensifying volatility.
Remittix's Game-Changing Cross-Border Transactions
Despite the obstacles in global finance, Remittix (RTX) is revolutionizing the PayFi landscape. It enables the instant conversion of crypto into real money, eliminating traditional barriers. With a presale total surpassing $10.8 million, investors recognize the long-term potential of this disruptor.
For example, a remote worker in the Philippines receiving Ethereum payments can now withdraw earnings directly to a bank account worldwide within 24 hours through Remittix. This process eliminates exchange fees, conversion delays, and unpredictable banking regulations.
Remittix Presale Surge
Early investors can acquire RTX tokens for $0.0539 in the presale's current phase. Analysts anticipate an 800% price rise during this phase, with further gains post-launch. For those seeking to invest in a potential market disruptor, Remittix offers an exceptional opportunity.
Explore the future of PayFi with Remittix by visiting their presale at:
Website: ://remittix.io/]
Socials: ://linktr.ee/remittix/]