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Cryptocurrency News Articles

Remittix (RTX) Price Predictions: Downward Wedge Continues As Analysts expect Bullish Breakout Soon

Mar 31, 2025 at 11:17 pm

This article explores the market distress experienced by SHIB, while PEPE has taken center stage as the new meme coin champion.

Remittix (RTX) Price Predictions: Downward Wedge Continues As Analysts expect Bullish Breakout Soon

Shiba Inu (SHIB) is currently experiencing market distress as its price hovers dangerously close to monthly support at $0.0000115, even after a 57,000% surge in its burn rate last week resulted in 1 billion tokens being burned, according to Shiba Inu News today.

Meanwhile, Pepecoin (PEPE) is taking center stage with market analysts predicting a huge 84% increase for the token as returning meme coin enthusiasm and technical price trend developments set up PEPE for a breakout.

However, both of these predictions pale in comparison to 2025’s cryptocurrency star, Remittix (RTX). Analysts believe RTX has the potential to yield a 50x return, setting RTX up as an essential portfolio addition instead of SHIB and PEPE for future utility.

PEPE price predictions: downward wedge continues as analysts expect bullish breakout soon

A jewel of meme tokens, Pepecoin (PEPE) rose to the top shortly after its release. However, in a surprising turn, the coin could be setting up for a return to the highs as technical analysis reveals a falling wedge pattern—a typical signal of a bullish reversal.

This comes after the number 2 meme coin, PEPE, follows a downtrend channel, which has been a subject of discussion in recent Shiba Inu News.

Furthermore, analysts at AliTrader noted that PEPE whales have remained largely firm, never selling their stakes, which indicates unshakeable confidence. Still, the token is still facing continued selling pressure.

Pepe is down 6% in the past 24 hours and this movement comes on the back of a temporary market correction as PEPE surged by over 20% in the past 2 weeks alone.

According to the analysts, a critical breakout above the wedge’s resistance could propel PEPE towards a 247% increase, ultimately leading to a 10x return for those who invest in the meme token.

However, this prediction is contingent upon the token’s ability to break free from the wedge and sustain the upward momentum.

While scam tokens plaguing Solana’s meme economy might send some attention back towards PEPE, the wider cryptocurrency community appears more fascinated with DeFi coins like Remittix built on solid fundamentals as opposed to those founded on internet memes.

Another billion SHIB tokens just got burned as SHIB executive reacts

In other Shiba Inu news today, Lucie, the official marketing expert for the SHIB team, noticed a massive burn transaction involving Shiba Inu meme coins about six hours ago. She shared an optimistic perspective on the event with the entire SHIB community.

According to her post, a staggering 1 billion SHIB tokens were consumed in a single transaction, effectively removing them from the circulating supply. This event has sparked a buzz among community members, with many expressing their enthusiasm for the ongoing efforts to reduce SHIB’s total supply.

Earlier launches of Shiba Inu token (like BONE in 2021) have caused short-term rallies but failed with long-term traction.

To sustain SHIB, new governance token TREATS must be more than a speculative tool—offering tangible utility in Shibarium’s DeFi ecosystem.

While the broader meme coin universe is seeing declines, the future of SHIB now hinges on whether Shiba Inu’s governance token, TREATS, will be able to convert its viral traction among its community into sound governance, differentiating it from peers like PEPE and Dogecoin.

Forecasts vary, with Coinpedia envisioning a cautious $0.00006392 end-of-year target, while bullish Shiba Inu news posts imagine a $0.000255 target in the next 5 days if burns and market conditions are in place.

How will Remittix speed up business transactions and save costs

Remittix is using its revolutionary PayFi technology to merge digital currency operations with conventional fiat network systems.

The instantaneous ability to settle cross-border payments through this system cuts down numerous processing agents while decreasing operational costs and fees. The simplified process enables quicker and less expensive business operational activities.

Fundamentally, Remittix is focusing on being secure and transparent. The platform’s smart contract has been audited extensively by BlockSAFU to guarantee that all transactions are carried out reliably.

Combined with a non-custodial wallet that gives businesses complete authority over their assets, Remittix minimizes risks of fraud and cyberattacks tremendously.

This efficient system not only saves time and cost delays but also protects against market volatility that typically plagues lengthy processing times. It provides a valuable solution for consumers, freelancers, and expat families alike.

While banks have been looking for XRP for years due to its low fees, simply holding XRP does not provide real-time liquidity. Remittix leverages these benefits by offering a simple service to send money directly into any bank account.

Finally, Remittix with its multimillion

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Other articles published on Apr 07, 2025