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Cryptocurrency News Articles
Remittix (RTX) ICO Offers Hope to Investors Yielding Returns in Dogecoin (DOGE) or Shiba Inu (SHIB) May Seem Impossible
Feb 02, 2025 at 07:55 am
This cryptocurrency platform is generating buzz with its token presale, which has already raised over $10 million and aims to boost its value by 2025.
Investors seeking high returns may find solace in the Remittix (RTX) ICO, while Dogecoin (DOGE) and Shiba Inu (SHIB) struggle to maintain momentum. Despite the recent downturn, SHIB is still on track to reach the $0.001 price point, as predicted earlier by Knight. Meanwhile, Remittix, which has already completed a successful audit of its smart contract, offers a stable and promising solution in the volatile crypto landscape.
DOGE’s Correction Continues, RSI Indicates Slowing Selling Pressure
Dogecoin (DOGE) has been experiencing a correction following its strong rise in late 2024, when it peaked at around $0.48. After hitting this high multiple times in November and December, the price began to consolidate, forming a downward channel.
Relative Strength Index (RSI) on DOGE 4-hour chart. Source: TradingView
The 4-hour chart shows DOGE consolidating after a strong rise from support at $0.30. This correction is accompanied by decreasing volume, which could indicate slowing selling pressure. Key resistance is at $0.37, and breaking this level could initiate a new upward wave. However, if DOGE falls below $0.33, it risks dropping further, potentially reaching $0.30 again.
Currently, DOGE is priced at $0.3371, having declined by 6.3% over the past week. Overall, DOGE is at a critical point where strong buying could lead to growth, but losing support might result in further declines.
SHIB Price Drops, but Analysis Maintains $0.001 Target
Shiba Inu (SHIB) has also experienced a slight decline, moving away from the $0.000025 resistance. This drop is accompanied by a decrease in volume, which could indicate slowing selling pressure. Despite this recent downturn, SHIB is still up by about 34% compared to the time of Knight’s initial prediction.
Currently, the SHIB token is priced at $0.00001952, having declined by 4% over the past week. Knight’s analysis suggests that the meme coin could still achieve the $0.001 target in the long term, although a more immediate and realistic goal for the asset is $0.0001.
Remittix Offers Stability in Volatile Crypto World
Investors frustrated with the volatility of Dogecoin (DOGE) and Shiba Inu (SHIB) may find a promising alternative in Remittix ($RTX). This platform is shaking up the massive $183 trillion banking industry, particularly for those seeking a stable option.
By leveraging blockchain technology, Remittix allows users to easily convert over 40 cryptocurrencies into fiat currency, making global transfers straightforward. This means crypto holders and businesses can enjoy fast digital payments while still benefiting from the convenience of traditional banking.
One of the key features of Remittix is its clear flat fee structure for international transfers. Users can send $100 and know that’s exactly what the recipient will receive, no hidden fees. This makes Remittix a more appealing choice compared to many major banks. Additionally, businesses can accept crypto payments easily through the “Remittix Pay” API, streamlining transactions for freelancers and service providers.
The platform also introduces a unique PayFi concept that facilitates smooth conversions between crypto and fiat. Users can create merchant accounts without incurring extra fees and those who want to grow their investments can earn passive income through staking, with VIP investors receiving attractive 18% annual percentage yield (APY) rewards. This blend of features attracts both everyday users and serious investors.
With a successful audit of its smart contract completed, Remittix emphasizes safety and transparency. It allows users to convert cryptocurrencies into fiat and send funds globally at lower costs, offering a promising alternative for those dissatisfied with traditional banking options. As the cryptocurrency landscape evolves, Remittix shines as a hopeful choice for investors seeking stability and growth.
Remittix Presale Nears $10 Million Mark
Remittix has kicked off its token presale, aiming to raise $36 million, attracting strong interest amid the uncertainty surrounding coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The presale has already raised over $10 million by selling around 420 million of the 750 million available RTX tokens at a price of $0.0521 each. The price will soon increase to $0.0539, with experts predicting potential returns of up to 800% or even 1,000% after the token launches.
To maintain stability, the liquidity pool and team tokens will be locked for three years. The RTX token will soon be available on major exchanges and Uniswap. After the presale, the smart contract will be renounced, transferring full control of the
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