After the excitement of a bullish first few days of the year, the crypto market has hit a decline, and top meme coins like Shiba Inu (SHIB) are on the decline. Now that the market is suffering downtrends, traders are casting about for other investment options, and there’s a new DeFi coin offering better profits and more solid plans for longevity than DOGE.
Curious about the new token? Hang on for more on it.
Shiba Inu‘s Path to Recovery: Analyst Predicts SHIB Price Jump
While the entire crypto market only went into correction mode, Shiba Inu has been battling a descending trend for the past month or so. Despite closing at a 2% surge on its daily charts on Friday, the SHIB price’s weekly deficit remains at about 12%.
However, there’s some potential for a surge soon. A notable Twitter/X analyst has pointed out that the SHIB price could lose one of its zeros soon. According to Javon Marks’ analysis, the charts show that there’s a possible spike to $0.000081, which will unlock the path to another resistance at $0.000155. The progressions could move Shiba Inu even further up in the hierarchy of top altcoins, as the Shiba Inu currently sits in 15th place.
The rising trading volume on Shiba Inu reflects renewed interest in the token; could Shiba Inu be gearing up for a huge year ahead? Only time can tell.
Remittix Is up for a PayFi Upgrade
Remittix ($RTX) is not the first token to facilitate international fiat transactions, but its method offers a smoother, more seamless transaction experience. Users only have to input the recipient’s account details and the amount of crypto corresponding to the amount in their desired fiat currency and send it to the deposit address created for that transaction.
The crypto sent will be liquidated and sent to the recipient’s fiat account, and no one will ever know it all occurred on a crypto blockchain. That way, crypto users don’t always have to liquidate or swap their assets to make simple transfers.
They only need to get the recipient’s details, and Remittix finishes the rest, pronto. And before you start drawing similarities between Remittix and Strip or Wise, the Remittix transactions occur at the lightning speed of blockchains. Reduced transaction charges and a seamless experience are not all you get on Remittix; the platform offers faster processing with its instant settlement feature.
With the rising wave of crypto adoption, Remittix has one more feature for businesses. Businesses that intend to offer crypto tokens as payment options will be able to streamline their payments using Remittix’s API tool, Remittix Pay. The API generates a nominated bank account for each business where crypto payments from customers can be collected and settled before being liquidated to the business’s fiat account.
Again, Remittix offers seamless transactions and a faster turnaround time than conventional payment systems globally. It’s only a matter of time before $RTX becomes a top crypto token like Stellar and Cardano.
$RTX Presale: 800% ROI for the Taking
The $RTX tokens are selling out fast and, for now, cheap. Each one goes for $0.0199, and 143.6 million tokens have been sold from the 750 million tokens allocated for the presale.
Effectively, the presale is gaining a lot of traction, and there’s some 800% ROI at the end if you buy your $RTX tokens now.
At any rate, 800% is only the start; get ready for the 5,000% post-launch profits!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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