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Cryptocurrency News Articles
Remittix (RMTX) Outperforms Shiba Inu (SHIB) by Attracting Investment From a Well-Known Trader
Mar 22, 2025 at 02:10 pm
A well-known trader who transformed his Pepe coin investment to millions has moved past Shiba Inu (SHIB) to support the new project Remittix.
Well-known trader shifts from Shiba Inu to Remittix as new project hits $14 million in presale salesShiba Inu has slowed down after its fame as a meme-coin peaked, but Remittix achieved huge success.
Shiba Inu’s Slowing Pace
Shiba Inu is still on the move, but its momentum has slowed. Its price is currently at $0.000013, and CoinCodex predicts it could decrease by about 2% to reach $0.00001226 by April 20, 2025. Their analysis also shows a “Bearish” sentiment with a Fear & Greed Index at 31. Over the past 30 days, SHIB had moderate volatility around 8.34%, with 15 days of price increases out of 30.
Some analysts see a long-term bullish picture for Shiba Inu if its adoption grows significantly. However, for short-term gains, the token’s current trading range, especially in this specific time frame, presents limited opportunities.
Shiba Inu will need strong catalysts, like major token burns, large-scale adoption, or an overall bullish market cycle to continue its previous rally and reach higher price levels again. Without these factors, the token’s price is likely to remain in its current trading zone at around $0.000013, offering minimal scope for substantial price multiples in the short term.
The Famous Trader’s Move
Meme coins experienced a burst in popularity during past crypto cycles due to widespread attention on social media. But in the crypto market of 2025, there are increasing doubts about tokens that exist solely as a result of memes. Several coins that enjoyed great success with their initial launches saw the market value of their tokens decrease rapidly after the initial enthusiasm faded.
The trader who achieved a significant profit from Pepe coin is known for keen attention to quickly changing market trends. He identifies the primary motivating forces for Shiba Inu as sluggish and previously accomplished. The persistent stagnation of Shiba Inu's price value at $0.000013 attracts this type of investor as they are constantly seeking new avenues, especially in domains like payment solutions that are rapidly gaining attention in the market.
The Shiba Inu market's diversion toward different digital assets showcases how sentiment within crypto markets will shift rapidly after speculative markets cool down. Though boasting a large community and a strong supporter base, the market still needs time to integrate these aspects.
The Allure of Remittix
Remittix offers a practical method for making crypto payments more accessible, introducing an application that provides swift coin-to-currency conversions for standard money transfers. This property enables daily transactions and international transfers to proceed more smoothly.
This concept is capturing the attention of market users who now harbor doubts about the value delivered by overly complex or overstated token systems. A total of $14 million in raised funds demonstrates that numerous people believe in Remittix's potential to merge cryptocurrency with regular finance operations.
Remittix stands to see significant usage increases by making payment service and e-commerce agreements. Historical records show XRP achieved its peak when it focused on facilitating international money transfers between borders. In a similar vein, Remittix's approach centers on rapid cryptocurrency to fiat transactions as it targets an unattended market need. This positions Remittix to achieve even greater success than meme coins, which derive most of their value from online hype.
Comparing Choices
A similar phenomenon is occurring with Remittix due to its cross-border solutions, just like what XRP experienced this year. The success of Shiba Inu is a result of its social media presence and the strength of its community support.
However, with the market transformation, investors are becoming more wary of investments in practical solution-free tokens. The same elements that propelled Pepe coin to great success also motivated the high-performing trader to make a swap to Remittix. Despite its ongoing popularity, Shiba Inu provides limited short-term potential as it lacks essential fundamentals required for another major price surge.
Shiba Inu coin buyers should anticipate flat prices in the coming period, considering that no recognizable adoption surge or large-scale token destruction has taken place to warrant a significant shift in the token's price trend.
In contrast, Remittix is concentrating on providing users with a seamless crypto-to-fiat exchange service, which solves a universal market requirement. A user-request for swift crypto-to-fiat conversion services could drive Remittix to achieve business success, which in turn increases the value of early investors' tokens.
Closing Thoughts
Shiba Inu remains at $0.000013 and analysts predict negative performance but investors are now showing interest in practical cryptocurrencies. Meanwhile, Remittix showcases successful presale results that deliver exactly what it promises to its users. The project stands to gain if it performs smoothly while establishing partnerships with strong platforms that could revive the attention recently
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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