With the current uptrend momentum in the market, altcoins like Shiba Inu and Solana are showing signs of a fresh bull movement. However, smart investors are pivoting to this emerging altcoin that is revolutionizing the fast-growing PayFi sector.
Solana and Shiba Inu: Can Momentum Last?
Shiba Inu price has reclaimed momentum, recently breaking above the key resistance from earlier in the year. Shiba Inu (SHIB) price dropped by 5% today, trading at $0.000014. This pullback is coming after a 38% increase in the last 30 days, triggered by the BTC’s momentum.
Historically, this current decline seems identical to a 2023 pattern that supported a Shiba Inu price rally to $0.00004.
According to JavonTM, a crypto analyst, “ Shiba Inu is maintaining the pattern shape of a large Inverse Head & Shoulders, and prices have recently been showing notable strength!”
“Being on the final shoulder of this pattern, these prices could launch into a huge >431% uphill run to meet the $0.000081 technical target, which stems from a different breakout”.
This pattern could be what will help initiate that 5X process. And with a recent report of whales accumulating over 1.7 billion SHIB, this might be a signal of them positioning for the bullish momentum.
Simultaneously, Solana is gaining strength, too, as the blockchain is experiencing an increase in institutional inflows, which stems from recent ETF rumours. On-chain adoption is over the roof, and gaming apps, DeFi, and NFTs are increasing on the Solana network.
While these two altcoins are well-known, the smart and experienced investors instead invest in an emerging Layer‑1 project, Remittix (RTX). What does Remittix do, and why is it being considered by investors?
Remittix, The Payfi Project, Set To Revolutionise Crypto Payment Globally
Remittix is a crypto-to-fiat payment project built on the Ethereum blockchain to facilitate direct payment to banks across the globe.
Users send crypto; recipients get fiat directly in their bank—no wallets, FX fees, or centralized friction. It’s called a PayFi game-changer, XRP 2.0, set to compete with Ripple and Stripe.
Remmittix has a utility token, RTX, which is currently in presale and will offer real-world payment services.
Why Choose Remittix?
- Aims to solve 19 trillion payment problems worldwide by targeting cross-border payment inefficiencies.
- Supports over 40 cryptocurrencies across different blockchains and facilitates payment to over 30 banks across the globe.
- It is not restricted to the crypto space alone; it can be used by freelancers, travelers, and other international business owners.
- Smart contract security is solid—a CertiK audit passed, and liquidity and team tokens are locked for three years.
Invest in Remittix now!
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.
