Crypto market has been losing steam in recent weeks without spearing the meme tokens. In the past week, Dogecoin is down by 16.8% following a 21% loss in the past one month. Meanwhile, Shiba Inu is also down by 15% and 28% in the same period. Based on available data, analysts are currently analyzing the two tokens, projecting which would prevail in 2025. Same analysts have eyes set on Remittix , a token they predict will surge by 3,000% by July. Dogecoin’s Recovery or More Bearish Signals? Dogecoin is the largest memecoin by market cap, currently standing at $47.1 billion, dominating more than 50% of the meme coin market, and still maintaining its strong influence despite the ongoing decline..Over the past 24 hours, Dogecoin has dropped by 3.89% and is currently holding at $0.32. Data from TradingView shows that the Dogecoin’s price is retracing, reaching $0.3262, creating its fifth consecutive bearish candle. This persistent downtrodden highlights strong selling pressure. Also, the prevailing bearish trend shows the exponential moving average lines have given bearish crossovers and attained a negative alignment. Meanwhile, looking at the Fibonacci pattern, the Dogecoin trend suggests a potential double-bottom reversal from the 23.60% level. So, if this reversal plays out, it could initiate a bullish recovery, rechallenging the $0.40 mark. However, a bearish closing under the 23.60% Fibonacci level will put the $0.30 psychological zone at risk, potentially dropping to $0.265 support level. Could SHIB Recover From Its Downward Trend? Looking at the Shiba Inu’s price trend, there is not much difference in their prices patterns in recent weeks. Shiba Inu is currently down by 6.9% and 15.6% in the past day and week, currently trading at 0.00002011. With a market cap of $11.8 billion, it ranks as the 15th-largest cryptocurrency. With its price cheaper than Dogecoin, holders could accumulate more Shib than the former. While this doesn’t necessarily mean that Shiba Inu will outperform Dogecoin, it does make the token more appealing to some investors. Additionally, Shiba Inu has a lower market cap compared to Dogecoin, potentially giving investors more return if both coins should have a similar percentage increase. Looking at Shib on the 1-day chart, the altcoin seems to be consolidating in a short-term range between $0.0000211 and $0.0000246. However, this formation doesn’t indicate clear bullish momentum on the higher time frames. Additionally, Shiba Inu’s trading volume has dipped in recent weeks, suggesting that market traders are waiting for a strong bullish trend to emerge. From the current market sentiment and trading volume, a push towards the $0.00002312 level and audacious highs at $0.00002464 seems more likely. However, the reduced trading and the still broader crypto market, especially Bitcoin’s suggest Shib’s price will follow the broader cryptocurrency market trends Is Remittix Gearing For a 3,000% Surge? Before looking at the price analysis of RTX, a closer look at the use cases of the Remittix would explain the sentiment surrounding the token. For years, cross-border payments have been a challenge for users due to hidden costs, slow transaction times, and bloated systems. However, Remittix enters the PayFi space and pairs fiat banking with cryptocurrency to offer a frictionless, low-cost payment option. Addressing challenges of excessive delays and inflated costs, Remittix’s foundation is modern blockchain technology to enable instantaneous global transfers. By integrating cryptocurrency wallets with fiat bank accounts, Remittix eliminates middlemen and hidden charges, allowing users to send and receive money across borders with same-day processing and zero foreign currency fees. Additionally, With support for over 40 currencies, Remittix provides exceptional value for individuals and businesses needing quick, reliable payment solutions. Looking at security and privacy, which are persistent concerns in remittance due to usage of electronic methods increases, Remittix solves these by leveraging Ethereum’s smart contract infrastructure. This infrastructure offers high security and adherence to international standards. This builds trust and positions the platform as a leader in transforming the global remittance market. Remittix’s unique selling point is its commitment to user confidence. As such, the platform and RTX token has been audited by leading security firms. Additionally, liquidity is locked for three years to guarantee stability. With the presale underway and tokens selling rapidly, Remittix is poised to set a new standard. The RTX token is currently priced at $0.0207 in its ongoing presale and has already raised over $2.8 million in weeks. Analysts predict strong growth by July, potentially surging above 3,000% mark, a move that will see its price rise above $0.6169. This positions RTX as a top investment. Early adopters stand to benefit as demand for seamless international transactions continues to climb. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix
