2021 treated us to two of the biggest crypto rallies in recent times. Dogecoin first, accumulating $80 billion in market capitalization within a month and Shiba Inu presenting a more sustained spike throughout the year.
Both DOGE and SHIB holders had the time of their lives that year and they have been anticipating a repeat ever since. Analysts have identified where the repeat will be taking place, and it won’t be on Dogecoin. Or even Shiba Inu.
A new DeFi token is taking over the top predictions this year.
Dogecoin Sheds, Tests Key Support Levels
The DOGE price slipped to lower levels at the start of last week, with holders looking to follow the market trends. Institutional traders have started to sell off Dogecoin stores, causing the token price to slip.
Dogecoin’s decline saw the token hit $0.19 at its weekly low. Now, the token is rising, breaking past its $0.20 resistance, but the traders are still wary, looking for the meme coin to stabilize above $0.20.
Shiba Inu Struggles To Keep Up With New Blockchains
There’s been some traffic on the Shiba Inu network lately, but all that activity has been attributed to a bearish wave. Holders seem to be selling off, causing a sharp decline on the SHIB price.
Shiba Inu is sitting deep in bearish territory, unable to keep up with the newer projects. However, analysts are on the lookout for a possible rebound, as SHIB nears oversold territory.
As the meme coins face decline this year, a new token is rolling out to stage a run similar to Dogecoin and Shiba Inu’s in 2021. Remittix Could Be Revolutionizing Crypto Finance.
The PayFi sector has been dominated by Ripple and Stellar for about a decade and the new Remittix token seeks to change that. It has done the hard part right by getting quite the following in the crypto market. Now it’s time to deliver on its potential.
Analysts have tipped Remittix for a 100x potential spike when the platform goes live. Why? The Remittix platform, built on its Web3 wallet, features a crypto-fiat bridge that allows users to send their crypto assets directly into any fiat account.
The transaction is approved on Remittix as long as the platform supports both the cryptocurrency and the fiat currency in question.
From all indications, such utility is what will drive Remittix into popularity, as the token will soon become one of the highly demanded coins in the market. More than that, the bridge will open new doors for crypto tokens to be accepted as payment methods on e-commerce websites.
The best part? Remittix’s presale has been trending hard since January and the Web3 wallet is in beta testing mode.
The stage is set for a Remittix launch–you should be too!
RTX Presale: Buy Your Tokens Now!
The Remittix coins are about to become crypto’s favorite. 100x potential after launch and they are only going for $0.0895 each now get yours before Remittix goes live!
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/Remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article is not intended as financial advice. Educational purposes only.
