Shiba Inu and Dogwifhat are two of the top memecoins in the market, attracting a ton of attention with their explosive price increases. However, recently, there has been a change of trend, with investors showing more attention to Remittix (RTX), a new PayFi giant entering the market.
Unlike the memecoins, Remittix has one of the biggest real-world use cases, as it has unveiled its plans to transform the $190 trillion cross-border payment market. With this market several times bigger than what meme coins can offer, the crypto community believes it could be the next hidden gem of the market.
Remittix (RTX) is Revolutionizing One of the Biggest Financial Markets
Since it debuted a few weeks ago, Remittix (RTX) has been one of the most talked about DeFi projects. The new PayFi giant is believed to have the potential to change how the $190 trillion cross-border payment industry works.
Remittix Protocol enables instant cryptocurrency transfers and fiat currency conversion. Remittix offers more than 50 cryptocurrencies and 30+ fiat currencies, more than what Stripe and Wise offer. Additionally, it brings another layer of simplicity, efficiency, and security on top of its leading infrastructure.
According to financial experts, Remittix could quickly become the best choice for sending money internationally because it offers same-day processing at a low cost. Remittix has completed thorough smart contracts audits performed by BlockSAFU & SolidProof, one of the leading auditing houses, to show its dedication to transparency and security.
The blockchain ICO of Remittix has attracted a ton of attention, pulling in more than $2.4 million in just two weeks. The $RTX coin which powers its ecosystem has also increased from $0.015 to $0.0199. Because of its utility and market prospects, analysts believe $RTX could cross $1 before the first half of 2025 ends.
Shiba Inu (SHIB) Suffers Huge Loss, But Maintains Key Support
Unlike Remittix, Shiba Inu (SHIB) has struggled with bears like the rest of the crypto market. CoinMarketCap’s data shows that the memecoin has plunged from a weekly high of $0.00002500 to trade around the $0.0000200 range.
The current outlook is bearish, but the Shiba Inu coin had a good bullish reaction at the $0.0000200 support. This is important because this is a key level highlighted by the professional trading community, TradeDevils. They believe that $SHIB could retest recent highs at $0.00003200 if it holds the key support level.
VipRoseTr is also bullish about the Shiba Inu crypto. The analyst explained that Shiba Inu (SHIB) is currently retracing within its ascending channel and could pump as high as $0.00004170 after the correction. There’s more positive Shiba Inu news today, with whales buying over $195 million worth of $SHIB.
Dogwifhat (WIF) Loses Key Support, What’s Next?
Like SHIB and many other top crypto coins, the Dogwifhat crypto has been facing bears over the last few weeks. CoinMarketCap’s data shows that the price of $WIF has plunged by more than 22% on the weekly timeframe. As a result, WIF has lost support levels at $2, $1.8, and $1.6.
Investors are concerned by the sharp price plunge — but analysts think there’s still a glimmer of hope. According to InvestingHaven, Dogwifhat ($WIF) “must hold $1.44 for a bullish resolution.” A drop below this level could spark an even bigger downtrend for the Dogwifhat coin.
InvestingHaven said if the Dogwifhat price holds $1.44, it could restart its rally and possibly target the resistance at $2.73. Clearing the $2.73 resistance could then open the gateway to retesting the WIF ATH of $4.74 later in 2025.
Why Remittix Will Outperform the Top Meme Coins, Dogwifhat and Shiba Inu
While Dogwifhat and Shiba Inu are bearish, they could see some lift-off in the coming weeks. However, Remittix has more upside potential because of its utility and the impact it could have in the $190 trillion market. Capturing even 1% of this market would make it more valuable than the memecoins.
Join the Remittix (RTX) presale and community:
Join the Remittix (RTX) Community
Disclaimer:
This page contains sponsored content provided by an external source. The content is for informational purposes only and should not be considered financial or investment advice. The views expressed are those of the sponsor or author and do not necessarily reflect the opinions of NewsWatchTV. Readers are strongly encouraged to conduct independent research and consult with a financial expert before making any investment decisions. NewsWatchTV is not responsible for the accuracy of the information provided or any losses or damages arising from reliance on this sponsored content.
