Remittix (RTX) Gains Traction with Fee-Free Merchant Accounts and Staking

In the wake of the recent excitement around Dogecoin (DOGE) and Shiba Inu (SHIB), Remittix (RTX) is gaining attention for its innovative approach to payments.

Amidst the recent price volatility in the cryptocurrency market, several tokens have seen significant price movements. Here's an analysis of the latest updates on Dogecoin (DOGE), Shiba Inu (SHIB), and Remittix (RTX).

Dogecoin (DOGE) Price Analysis

After a week of price decline, Dogecoin (DOGE) is currently trading at $0.3369, showing a 6.75% decrease over the past seven days. As DOGE attempts to hold crucial support at the $0.32 level, it faces the risk of further price drops if this support fails to hold.

However, if DOGE manages to stay above the $0.32 support, it could contribute to stabilizing the market and potentially lead to a slight recovery. The next target in sight for DOGE is to reclaim the $0.36 level, which, if achieved, could set it up for further gains toward $0.39 and beyond.

Despite these technical indicators, it's important to note that the market remains unstable, and investor confidence needs to improve for Dogecoin to gain momentum. If the support at $0.32 fails to hold, DOGE could fall below the $0.30 price, making its situation even more challenging.

The coming weeks are crucial for Dogecoin's future, so investors should stay informed and cautious as they monitor market trends.

Shiba Inu (SHIB) Token Burn: Aiming for Price Growth

The Shiba Inu community is making efforts to stabilize the price of its cryptocurrency, SHIB, by burning a new batch of tokens. Recently, they removed 12,546,958 SHIB from circulation, which marks a 284.3% increase in token burns within 24 hours. This action has raised optimism among SHIB holders and positively impacted the token's price.

On Wednesday, SHIB closed with a 2% gain, marking its first profitable session in over a week. The momentum continued into Thursday as the memecoin aimed to reach Wednesday’s high again.

This token burn is part of a regular effort by the community to lower the circulating supply and create scarcity, which they hope will increase SHIB's value. Currently, SHIB is priced at $0.00001932 having declined by 5% over the past week. Despite facing pressure in the medium term, the community remains hopeful that these efforts will lead to a price recovery.

Remittix (RTX) Gains Traction with Fee-Free Merchant Accounts, Staking

In the wake of the recent excitement around Dogecoin (DOGE) and Shiba Inu (SHIB), Remittix (RTX) is gaining attention for its innovative approach to payments. It allows businesses to create merchant accounts without hidden fees, simplifying transaction management. Users can also earn by staking their tokens, with potential returns reaching up to 18% annually, making Remittix a dual-purpose platform for payments and earnings.

A key feature of Remittix is its flat fee for international money transfers. This means that the amount sent is exactly what the recipient receives with no unexpected charges. This affordability makes Remittix a more attractive option compared to traditional banks.

Additionally, the “Remittix Pay” API enables businesses to accept cryptocurrency payments easily, simplifying the invoicing process for freelancers and small enterprises.

The buzz around the RTX token presale is strong, having raised over $9.8 million shortly after its launch. Remittix aims to improve cross-border payments, a market expected to grow beyond $295 billion by 2029, highlighting its potential in the evolving cryptocurrency sector.

With a complete audit of its smart contract already completed, Remittix shows a commitment to safety and transparency. It offers users a reliable way to convert cryptocurrencies into regular money and transfer funds globally at lower costs, reinforcing its status as a significant player in the crypto landscape.