Remittance Token Remittx (RTX) Aims to Outperform Pepe and Shiba Inu (SHIB)

Remittix (RTX) has begun competing for keenly sought-after portfolio space with an objective of 12,000% profits.

Cryptocurrency space is renowned for tokens promising explosive returns, attracting retail investors and whales for high-rolling binges. While Pepe and Shiba Inu (SHIB) have spearheaded the meme-token rush, novel altcoin Remittix (RTX) is vying for coveted portfolio space with the aim of 12,000% profits.

As Remittix presale revenue surpasses $13 million, analysts predict a 200% increase in the coming month will fuel bullish targets that others say will finish at 12,000% profits. At $0.0734, Remittix is a draw for anyone needing fast and affordable global transactions. Fusing 40+ crypto networks with SEPA, SWIFT and CHAPS, Remittix converts any of the top 40 cryptocurrencies to fiat and pays out to any bank globally with minimal fees. Its Remittix pay API even enables merchants to accept multiple tokens and settle in fiat a lifesaver for freelancers, remote teams and e-commerce retailers.

Consider the example of an African exporter of handicrafts selling locally produced goods online to European customers. Instead of fretting over overseas wire fee acronyms and long delays, the exporter can use Remittix to exchange USDT into local currency and have it deposited in a local bank account within hours. This is a simplistic way of eradicating hidden fees, speeding up the exporter’s cash flow and facilitating international business growth.

Pepe: Poised for a Bullish Breakout

Pepe’s daily chart is echoing a descending wedge, which is typically encountered during a bullish trend or when prices are pivoting from bearish to bullish. The token has been juggling between two converging trend lines since late last year, with decreasing peaks and troughs characterizing its price trajectory.

To add some spice, Pepe also carved out a double-bottom at $0.0000060, highlighting a strong support area prior to a breakout to the upside. Technical indicators are also in a positive light, with the Relative Strength Index (RSI) recently crossing above a falling trendline, which is usually a buy signal.

If Pepe manages to burst above the neckline at $0.00002830 its all-time high it can surge to $0.00002095 or more, providing a fantastic 220% gain from here. However, traders should heed a word of warning: a fall below $0.00000298 would invalidate the bullish argument altogether and open the gates for further weakness.

Shiba Inu: Recovering a Week of Losses

Shiba Inu (SHIB) price today gained 8% over the past 24 hours to $0.0000123, recovering from a four-day losing streak. At current prices, 34% of SHIB addresses are in the money and 62% are still in the red, according to IntoTheBlock. This highlights SHIB’s precarious situation enough holders see profit potential to carry on momentum but a fair number are still in the red.

Shiba Inu is still being driven by meme-coin frenzy. Though overshadowed in recent weeks by newer competitors, SHIB’s large community generates high volume trades and technicals are mildly bullish following the token’s weekend recovery from lows.

With daily volumes still exerting some upward pressure, another spike is plausible. However, Shiba Inu’s dependence on internet sentiment can cause rapid price movements. Meme coins like SHIB and Pepe are known to moon or dump at the whim of sudden sentiment shifts.

While short-term traders can quickly snatch up outsized gains or losses, those with longer time horizons might be more interested in coins that have strong use cases and appeal to a diverse range of traders.

Remittix Could Eclipse Pepe and Shiba Inu as Whales Target Next Mega-Pump

Remittix (RTX) is entering the $190 trillion cross-border payments market rather than surfing viral memes. In its presale, Remittix sold 518 million tokens and gained $13.8 million, providing 1,000% returns to early investors through the market volatility.

Analysts predict further 200% increases over the coming month will fuel bullish targets that others say will finish at 12,000% profits. At $0.0734, Remittix is a draw for anyone needing fast and affordable global transactions. Fusing 40+ crypto networks with SEPA, SWIFT and CHAPS, Remittix converts any of the top 40 cryptocurrencies to fiat and pays out to any bank globally with minimal fees. Its Remittix pay API even enables merchants to accept multiple tokens and settle in fiat a lifesaver for freelancers, remote teams and e-commerce retailers.

“We are aiming to empower individuals and businesses to seamlessly move value across borders, breaking down traditional barriers