Is Shiba Inu experiencing a decline in popularity as new projects garner greater attention? Investors are already accumulating other cryptocurrencies like Pepe Coin, AAVE, and Remittix (RTX), and they have strong reasons to do so. The Shiba Inu price may be going up, but the fundamentals do not support a major rally.
At the same time, coins like RTX are solving problems in the real world and getting a lot of attention from serious investors. Could SHIB be left behind in the next wave of the market? Let’s take a deeper look at what’s really going on and where the smart money might be moving next.
Shiba Inu price: hope or hype?
Some analysts still think that the Shiba Inu price could rally massively this year. They typically base their opinion on technical analysis. TheCryptoBasic tweeted on X that if the price stays above the $0.0000127 support level, there might be a big pump.
But other signals aren’t as strong. According to recent reports, many whale investors are selling the memecoin. This has made the supply of profit go down. Additionally, the Long/Short ratio and Open Interest of Shiba Inu are both down.
Source: X
Pepe Coin shows signs of a rally.
Over the past week, Pepe Coin has gone up more than 2%. However, it has been consolidating between $0.0000131 and $0.0000099. Pepe Coin has lost more than 12% of its value over the past month. Investors are still hopeful, though. Many people anticipate a bullish reversal soon.
Pepe Coin is already beginning to make higher highs and higher lows. If the memecoin breaks above the $0.000016 resistance, it might rally shortly to $0.000026.
Source: CoinMarketCap
AAVE gains bullish momentum
In just one week, AAVE has gone up more than 12%. The past month was even better, with a 33% increase. The AAVE price has tested the $240 support zone multiple times. Each time, buyers pushed back, sending the price to the $315 resistance zone.
Technical indications support a bullish continuation. Both Oscillators and Moving Averages are showing buy signals.
Source: TradingView
Remittix makes cross-border payments easier and faster
Remittix is transforming how we send money across borders. Users can send crypto directly to any bank account in the world with simply a wallet connection, and the recipient gets fiat. Remittix supports more than 100 cryptocurrencies. There are no fees for foreign exchange (FX), wires, or any hidden expenses. The recipient gets exactly what you send.
Remittix combines the speed of blockchain with the ease of fiat. You can change crypto instantly, and fiat is transferred through local networks the same day. The native token of the Remittix ecosystem is RTX. The presale is ongoing, and each token costs only $0.0781. More than 544 million RTX tokens have been sold, and more than $15.7 million has already been raised in presale revenue.
Depending on how long they lock their tokens, investors can potentially earn staking incentives of 4% to 8% per year. RTX does not impose any taxes on buying or selling. Remittix is one of the best cryptocurrencies to invest in right now. Remittix is leading the PayFi revolution because it has a clear use case, is easy to use, and there is significant demand from investors.
Don’t miss the next big thing in crypto
Shiba Inu is struggling to regain momentum while Pepe Coin and AAVE silently dominate investors’ portfolios. Meanwhile, Remittix is addressing a crucial issue facing the cross-border payments industry. Smart investors are already getting in, with over $15.7 million raised and 544 million tokens sold.
Remittix is one of the best crypto investment opportunities available now. Don’t wait until it hits the big exchanges. Join the PayFi revolution now and get your RTX tokens today before the anticipated post-launch rally.
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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Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
