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Crypto Daily 2025-05-20 16:37:43

Dogecoin Bulls Take A Breather As Shiba Inu And Remittix Surge! What’s The Next Big Altcoin To Watch?

Dogecoin’s recent cooldown has opened the door for other contenders. While DOGE hovers near $0.2158, Shiba Inu plots a breakout, and PayFi newcomer Remittix (RTX) rockets through its presale at $0.0781, already raising more than $15.1 million with over 536 million tokens sold. Below, we break down the latest market signals for each coin and ask which asset could claim the next big altcoin crown. Dogecoin (DOGE): Momentum Meets Overheating Signals DOGE at around $0.2158. Source: CoinGecko Dogecoin which is currently trading around $0.2158 has its Relative Strength Index currently at 64.57, brushing the edge of overbought territory. The MACD reads 0.09, hinting at short-term bullish momentum, yet the Fear & Greed Index flashes 74 (“Greed”), suggesting sentiment may be running hot. Immediate support rests at $0.215, a line that cushioned past dips. If buyers defend that floor, DOGE could test $0.236 on the way to $0.25 and even $0.30 assuming fresh catalysts and strong volume. Should the support zone crack, analysts expect a move toward the $0.177–$0.189 consolidation band projected for July 2025. With trading volume near $2.62 billion, sharp swings remain possible as retail traders react to headlines or celebrity tweets. For now, DOGE bulls appear to be catching their breath while assessing whether greed fades into caution. Shiba Inu (SHIB): Technical Strength Versus Weakening On-Chain Metrics SHIB around $0.00001399. Source: CoinGecko SHIB trades around $0.00001399 and has etched a falling-wedge formation on its 4-hour chart, a pattern that often precedes bullish reversals. A decisive break above $0.00001484 which aligns with the 50-period exponential moving average could spark a rally toward $0.00001993, marking a gain of nearly 39 %. Supporting that view, the stochastic RSI has climbed from oversold territory to 44.25, signaling building momentum. On-chain data, however, tempers enthusiasm. Active addresses have slipped from about 5,000 to 3,200 since mid-May, and wallets holding at least one billion SHIB have declined to 10,205. Fewer whales and reduced network activity suggest waning conviction beneath the bullish chart. Traders now face a tug-of-war: strong technical signals on one side and soft fundamentals on the other. If SHIB fails to hold above $0.00001413 support, a fresh leg downward could follow despite the promising wedge setup. Remittix (RTX): PayFi Utility Drives Presale Frenzy While DOGE consolidates and SHIB straddles conflicting signals, Remittix is gathering momentum thanks to tangible, real-world utility. RTX’s PayFi network lets users convert crypto into local fiat and land funds directly into bank accounts within twenty-four hours with no hidden spreads, no crypto knowledge needed for the recipient. For freelancers, migrant workers and small businesses, that solves a daily pain: high remittance fees and slow settlement times. Consider Fatima, a graphic designer in Nairobi who earns 800 USDT each month. Traditional transfer apps charge as much as 8 % and take days to deliver funds to her family in rural Kenya. With Remittix, Fatima swaps USDT for Kenyan shillings, pays a small flat fee and her parents see the full amount in their bank the same day. Multiply that story across the 1.4 billion unbanked or under-banked adults worldwide, and Remittix’s addressable market dwarfs meme-coin hype cycles. The project’s fundamentals strengthen the investment case. Liquidity will lock for three years, reducing post-launch volatility, and the smart contract will be renounced once presale ends, giving governance to the community. Every cross-border transfer feeds buy-side demand, creating a revenue loop tied to real usage instead of speculation. Analysts who once chased DOGE and SHIB multipliers now argue RTX could deliver steadier, more sustainable upside fueled by daily transactions. The PayFi Path Forward Dogecoin’s community and celebrity backing remain powerful, but technical overheating could keep price action range-bound in the near term. Shiba Inu shows a textbook bullish pattern, yet fewer active addresses hint that enthusiasm isn’t universal. Remittix, meanwhile, offers a clear, practical solution to cross-border fees and is moving tokens faster than either meme competitor during their own presales. For traders seeking the next big altcoin, all eyes are on whether DOGE reclaims higher highs, SHIB can marry chart-based optimism with stronger fundamentals or Remittix leverages its PayFi rails to capture real-world adoption. As the presale clock ticks down, RTX may emerge as the standout choice proving that utility, not just virality, is often the true driver of lasting growth. Ready to Give Remittix a Go? Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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