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Cryptocurrency News Articles
Remittix (RTX) Promises a New Era of Utility-Driven Crypto as Dogecoin and Shiba Inu's Magic Fades
Apr 24, 2025 at 02:30 pm
The crypto market is a rollercoaster, and meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are feeling the heat
Crypto meme coins have been hot topics for a while now, with Dogecoin (DOGE) and Shiba Inu (SHIB) being two of the most popular. However, both coins have been struggling lately, and they could fall further as investors grow weary of hype-driven tokens and seek out utility-backed PayFi platforms like Remittix (RTX).
Dogecoin has been known for its ties to Elon Musk and its potential for merchant adoption, while Hedera (HBAR) is an enterprise-grade tech platform with low transaction fees and high throughput. However, despite their strengths, these coins face challenges that could dampen their recovery hopes.
Dogecoin price today: Can the meme coin hit $1 in 2025?
Dogecoin is trading hands at $0.17, pumping 10% in a week despite a $5B drop in open interest since December's peak. On-chain data reveals a 1.24% increase in wallets holding 1M+ coins, while 62% of holders are underwater, dampening morale.
Source: CoinMarketCap
Technically, Dogecoin is forming an inverse head-and-shoulders pattern, with resistance at $0.20. Without new catalysts like merchant adoption or Elon Musk's continued backing, Dogecoin risks spiraling to $0.06.
Shiba Inu community strength amidst struggles
Shiba Inu's vibrant community and token burns (146M tokens last year) bode well for long-term hopes, but its March to mid-April drop and 62% of holders facing losses dampen morale.
At $0.000013, Shiba Inu's price reflects fading meme coin hype, with 74% of its supply in whale hands fueling volatility. Shibarium's integration and a vibrant community support the token.
Shibarium integration and token burns are bolstering hopes for long-term recovery, but the majority of holders are facing losses. RSI above 60 suggests room for growth, but resistance at $0.00002 caps gains.
With no robust utility, Shiba Inu's $8.1 billion market cap feels shaky, pushing investors toward PayFi solutions like Remittix for tangible value.
The enterprise edge of HBAR faces retail lag
Enter HBAR, an enterprise-grade tech platform backed by Google and IBM, delivering 10,000 TPS with its hashgraph consensus, ideal for smart contracts, NFTs, and diverse use cases.
Its price today is $0.1734, having surged 100% yearly. However, its decline of approximately 33.8% from late March to the low in early April, and resistance at $0.236 signal bearish pressure.
RSI at 70.23 and Nvidia's AI integration fuel optimism, but HBAR's retail adoption lags, limiting its reach.
Analysts predict $1 in 2025 for HBAR, but whales are diversifying into PayFi platforms like Remittix for broader utility, hinting at a sentiment shift.
Remittix: The PayFi powerhouse stealing the spotlight
Meet Remittix (RTX), a PayFi titan redefining global payments. Unlike meme coins' hype or HBAR's enterprise focus, Remittix bridges crypto and FIAT, offering instant, zero-fee transfers across 50+ cryptocurrencies and 30+ FIAT currencies.
Source: X.com
Its smart contracts handle payment release only when conditions are met, ensuring a smooth and fair system.
Presale at $0.0757 has raised $14.5M, with over 528M RTX sold (55.02% gone). To join, visit Remittix, click "Connect Wallet & Pay" on Ethereum (ERC20), choose crypto or card, verify, and await post-ICO airdrop.
Token blocks sell out quickly, with prices increasing per tier. BlockSAFU-audited contracts and a transparent ledger on Starknet foster trust. A $250,000 giveaway and 30% APY staking opportunities are driving hype.
Analysts are predicting a 200x ROI for RTX, dwarfing the potential of DOGE, SHIB, and HBAR. This makes RTX the spark for an incredible 2025 bull run.
The post Why Sentiment For Dogecoin and Shiba Inu Doesn’t Look Set To Shift Soon As Investors Favor Utility appeared first on CaptainAltcoin.com.
As always, do your own research before making any investment decisions. CaptainAltcoin is not responsible for any investment gains or losses.
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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