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Cryptocurrency News Articles

Popcat (POPCAT) and Shiba Inu (SHIB) Price Predictions: Can They Endure the Crypto Winter?

Feb 01, 2025 at 02:41 am

The meme coin market took a hit after DeepSeek AI spooked the crypto market, causing it to crash. Many declared that the meme coin hype is over.

Popcat (POPCAT) and Shiba Inu (SHIB) Price Predictions: Can They Endure the Crypto Winter?

After DeepSeek AI spooked the crypto market, causing it to crash, meme coins took a hit. Many declared the hype to be over. However, seasoned crypto investors who know the cycle all too well have identified a few meme coins that show signs of enduring appeal heading into February.

Established favorites like Shiba Inu and rising contenders like Popcat may still have a future in the evolving crypto market.

Shiba Inu has shown resilience by holding above critical support levels amid market turbulence. Meanwhile, Remittix’s rapid growth at presale continues to create excitement. While Popcat remains speculative, offering little-to-no tangible value, Remittix is designed to transform the financial landscape, eliminating inefficiencies in the $190 trillion global payment industry.

POPCAT Price Prediction 2025: Buy The Dip?

The POPCAT price has been in a freefall since it peaked in Nov. 2024. The token has decreased by more than 50% in a month. The recent downturn can be attributed to unfavorable broader market conditions influenced by DeepSeek and FOMC, which spooked investors into a sell-off. Moreover, its lack of use cases and long-term incentives in the project could not trigger buying interest and restore the token to its original level.

As such, investors should expect Popcat’s price to continue to showcase the same level of volatility since the meme coin moves based on the popularity of cat memes and the broader market conditions. Notably, if the price of the flagship crypto rallies and reaches new highs, the Popcat token could mirror this trajectory, moving up to the $1 mark. If not, the meme coin will continue along its volatile price trajectory. Meanwhile, its technical indicators don’t clarify its next big move in the long run.

However, if the Popcat network introduces a new animation in addition to the popping one it currently has, it could attract new investors. Since the project is community-driven, new use cases may arise, leading to the POPCAT token gaining even more traction. On a conservation Popcat price prediction, the meme coin could reach $0.5 by 2030.

Can SHIB Price Surpass $0.000083 In The Next Bull Run?

Shiba Inu has remained popular, drawing attention from whales and retail investors. Its recent downtrend sparked discussion on whether it could break above $0.000083 in the next bull cycle. Shiba Inu’s market capitalization and trading volume have all dropped, reflecting a broader market downturn and declining investor interest. Notably, its technical structure reveals a short-term bearish outlook, with lower highs and low lows indicating that the meme coin could enter a consolidation phase.

Market participants closely monitor its critical support zone at $0.00001800, where buyers previously reentered the market. However, if the price of Shiba Inu falls below this level, it could find support at $0.00001750, a more substantial support base that could attract buying interest. SHIB token faces immediate resistance at the $0.00001900 and $0.00001950 levels. A close above these levels could determine the next trend shift. Its relative strength index suggests an incoming reversal. It’s been hovering at 38, indicating a weak momentum, and the meme coin has entered oversold territory.

If buying pressures heighten, a reversal could occur in the coming days. Moreover, its MACD aligns with this reversal. While the MACD is still negative, it has showcased signs of bearish pressures easing, suggesting a potential stabilization or a reversal. Analysts anticipate modest SHIB growth in 2025, projecting a price target between $0.000027 and $0.000033. While these predictions highlight a gradual upward movement, SHIB crypto’s ability to break $0.000083 will depend on broader market trends, adoption, and whale activity.

Remittix (RTX) Levels Up Cross-Border Payments

With a unique take on global payments, Remittix (RTX) has eliminated inefficiencies pegged in traditional banking systems. It has brought together blockchain transparency and fiat reliability to enable users to convert 40+ cryptocurrencies into fiat currencies and send the funds to any bank account worldwide. Transactions on the Remittix platform are also instantaneous at flat fees, representing a superior alternative to outdated financial systems.

The project empowers businesses to simplify payment processes through the Remittix Pay API. With this, companies can accept crypto payments and settle them in fiat. Notably, over 30 fiat currencies and over 50 crypto pairs are supported, making it the optimal solution for managing cross-border financial operations. This peer-to-peer approach has eliminated the need for third-party intermediaries, giving users complete control over their assets.

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Other articles published on Feb 08, 2025