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Bitzo 2025-02-05 23:42:18

Whale Transactions Surge For Shiba Inu and Dogecoin as Many Turn to a New Altcoin

Large cryptocurrency investors, known as whales, are actively trading Shiba Inu (SHIB) and Dogecoin (DOGE). However, instead of holding onto these coins, a significant number are opting to sell in favor of acquiring a promising new altcoin—Remittix (RTX) . While Dogecoin maintains its strength and Shiba Inu faces challenges, whales are gravitating towards RTX due to its practical applications and potential for substantial growth. What exactly makes Remittix stand out? Let’s explore! Shiba Inu's Burn Rate Increases, But Price Declines Amid Market Downturn, Remittix Gains Traction Recently, Shiba Inu ( SHIB ) underwent a massive burn event, with over a billion SHIB tokens—worth $18,832.80—being sent to an inactive address. This action sparked excitement within the Shiba Inu community as it reduces token supply and could potentially boost prices. Despite this, Shiba Inu's value continues to dip. With a current price of $0.00001757 , SHIB has dropped by 6.6% in the past 24 hours and 12.11% over the last week. The decline is part of a broader market sell-off, with $539 million disappearing from crypto assets due to liquidations. As Shiba Inu struggles, Remittix (RTX) is gaining traction. This innovative PayFi solution uses cryptocurrencies to provide underbanked individuals with a method to send and receive money globally. Remittix is delivering on its promises, raising $10.6 million in a matter of weeks. Its Pay API enables companies to accept crypto payments and swiftly convert them into FIAT currencies, minimizing price-related risks. As SHIB grapples with price volatility, Remittix is positioning itself as a transformative force in international payments, offering financial independence to those outside the traditional banking system. Dogecoin Faces Challenges as Remittix Captures Investor Attention Dogecoin (DOGE) has recently experienced notable price fluctuations. After dropping 27.27% in December 2024 and rebounding by 21.87% in early January, it fell again, reaching $0.33 by January 28, with the current price at $0.2957 . Despite this volatility, experts like Ali Martinez believe that a Dogecoin ETF launch could trigger a price increase, potentially driving DOGE to $15 in the coming months. Nevertheless, many investors are seeking alternatives, and Remittix ( RTX ) has caught their eye. Aiming to address long-standing global payment challenges, this innovative project offers financial services to those without access to traditional banking. With over $10.6 million raised in a few weeks, Remittix is emerging as a compelling alternative to meme coins like Dogecoin. While the future of Dogecoin remains uncertain, Remittix’s focus on utility provides an appealing option for investors interested in a promising new crypto venture. Remittix: Revolutionizing Global Payments Remittix (RTX) is an exciting new cryptocurrency making waves in the financial world. Unlike many cryptocurrencies that focus on trading or speculation, Remittix addresses real-world issues. It aims to revolutionize the $190 trillion global money transfer market by offering faster, cheaper, and more accessible transfers using blockchain technology. The $RTX token is central to Remittix, serving purposes like staking, platform rewards, and governance. With only 1.5 billion tokens available, it is a sought-after asset as the network grows. Users can easily convert over forty cryptocurrencies into FIAT currencies and send funds to any bank account worldwide without hidden fees, making it significantly more affordable than banks and traditional money transfer services. Businesses are also adopting Remittix, thanks to its Remittix Pay API. This feature enables merchants to accept crypto payments and automatically convert them to FIAT currencies, eliminating the risk of price volatility. Supporting over 30 FIAT currencies and 50 altcoins, Remittix is transforming international payments and establishing itself as a major industry disruptor. Priced at just $0.0539 per token during its presale, Remittix presents a unique opportunity for investors eager to participate early in this groundbreaking platform. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community

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