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Cryptocurrency News Articles

Remittix (RTX) Storms Ahead in Q1 2025, Leaving Shiba Inu (SHIB) and Dogecoin (DOGE) in the Cold

Feb 02, 2025 at 07:00 pm

Shiba Inu has been left out in the cold while Dogecoin and the new PayFi project, Remittix, are storming ahead.

Remittix (RTX) Storms Ahead in Q1 2025, Leaving Shiba Inu (SHIB) and Dogecoin (DOGE) in the Cold

Shiba Inu (SHIB) has been left behind in Q1 of 2025 as new projects like Remittix (RTX) have stormed into the market. While SHIB did see some gains in the last 24 hours, its net monthly loss still stands at 12%.

Meanwhile, Dogecoin (DOGE) managed to stay in the green despite the volatility that has gripped the meme coin market. On the other hand, a new PayFi project called Remittix (RTX) has been stealing the show with its powerful utility-focused offering.

This revolutionary protocol has taken the market by storm, amassing over $10.2 million in investment in just a few weeks. This is largely due to Remittix’s position in the lucrative global payments market, as it sets out to solve problems that have plagued the sector for many years.

So how will Remittix, Shiba Inu, and Dogecoin stack up against each other in Q1 of 2025? Let’s take a closer look at each project and see what the future holds.

Major Investment Firm Launches Dogecoin Fund

Dogecoin is currently trading at around the $0.325 mark, down 3% today. It has been bouncing between $0.3242 and $0.3420 in the past 24 hours, remaining relatively steady.

Some big Dogecoin news did arrive in the last 24 hours, as Grayscale announced the launch of a Dogecoin Fund, making DOGE far more accessible to institutional investors. This marks the first major adoption of Dogecoin in the mainstream and could see DOGE pump up in price in the coming days.

Technically, Dogecoin’s MACD just slid past bullish, so momentum may be moving up. It’s not a guaranteed pump, but it’s a solid indicator that the trend might flip in favor of the bulls. If another Musk tweet hits, or this Grayscale trust brings in more big money, we could see Dogecoin making some serious moves soon.

Shiba Inu (SHIB) Posts 17% Monthly Loss

Shiba Inu (SHIB) is down 17% in the last month and 6% in the last week. Shiba Inu did see a rally after its lead developer recently hinted at a major partnership on the horizon, which resulted in a short-term rally, though this didn’t last, and Shiba Inu has been on the tumble back down ever since.

So why is Shiba Inu so volatile? Part of this lies in Shiba Inu’s meme coin nature, though it’s also worth considering some on-chain analytics. Notably, data shows that whales hold a significant chunk of the supply, making up over 58% of holdings. This can lead to major price swings when whales make big sell-offs.

Remittix (RTX): Addressing Real World Problems

Remittix (RTX) has been engineered for real-world use. It’s fixing one of the biggest financial headaches – cross-border payments. For years, people have been promised that crypto would revolutionize finance, but here’s the reality: most businesses still can’t accept it, converting crypto to FIAT is a pain, and traditional banking systems maintain control of financial transactions.

Remittix is solving all of these issues at once. Let’s have a look at a specific use case. Take a freelancer working with clients overseas. Right now, getting paid in crypto is great but cashing out is another story. The freelancer either has to go through high-fee exchanges, wait days for bank transfers, or find an expensive third-party service to convert your funds. With Remittix, they can instantly send their crypto earnings to any bank account or withdraw through a remittance service. No hidden fees. No long waiting periods. Just instant access to their money.

For underbanked citizens, Remittix changes everything. As of January 2025, 1.4 billion adults worldwide lack a bank account but have mobile apps for crypto wallets. Remittix could be their first experience receiving payments, sending money and cashing out in local currency without a bank account. Remittix isn’t another mundane crypto project – it represents financial freedom for people shut out of traditional banking.

Businesses are also adopting Remittix because the Remittix Pay API lets merchants accept crypto payments and then convert them to FIAT automatically. This removes the risks of price swings and makes crypto an easy, hassle-free payment option for companies worldwide.

Remittix (RTX) Presale is Booming

The $RTX token powers the entire Remittix ecosystem, from staking and governance to transaction rewards. It has a hard supply cap of 1.5 billion tokens, making early investment a smart move for those looking to secure a stake in one of the most promising crypto projects of 2025.

With tokens currently on offer to early investors

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Other articles published on Feb 03, 2025