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Cryptocurrency News Articles

Remittix (RTX): The New 50x Altcoin That Has SHIB Investors Rethinking Their Portfolios

Dec 28, 2024 at 02:30 pm

Stellar (XLM) made headlines recently after recording a 600% pump, and crypto enthusiasts started to rethink their portfolios. Wanting to be part of the next big

Remittix (RTX): The New 50x Altcoin That Has SHIB Investors Rethinking Their Portfolios

Stellar (XLM) made headlines recently after recording a 600% pump, and crypto enthusiasts started to rethink their portfolios. Wanting to be part of the next big move in the crypto market, Shiba Inu (SHIB) holders are now gravitating towards a new player in the PayFi sector—Remittix (RTX).

Financial experts believe Remittix will outpace XLM’s recent meteoric rise as it gains more ground in the $190 trillion payment market. With RTX set to be the next 50x altcoin, it looks to thoroughly outperform SHIB which could increase by more than 240%.

Stellar (XLM) Prepares for New Pump After Cooling Off

In November, Stellar (XLM) was one of the best altcoins, skyrocketing by more than 600%. CoinMarketCap’s data shows that the Stellar coin increased from $0.09200 to trade as high as $0.5700. However, XLM has cooled off, dropping back to the $0.380 range.

Despite the recent Stellar price action pointing towards bear action, Javon Marks, a top analyst and strategist has said that everything has led to a possible continuation. Marks also confirmed that Stellar (XLM) has formed yet another bullish pattern.

According to his analysis, the Stellar crypto will rise to $ $0.681 first. If XLM can hold above this level, it will open up the altcoin price for a bigger increase in the coming weeks. The final target set by Marks for Stellar (XLM) is at $1.2, representing an increase of more than 220% from its current range.

Shiba Inu (SHIB) Confirms Bullish Continuation Set for 240%

As a result of the recent market correction, $SHIB tumbled from $0.00003400 to retest the support level at $0.00001800. However, the memecoin has bounced off this strong support to reclaim $0.00002300, per CoinMarketCap.

This recent Shiba Inu price action has been confirmed to be the beginning of a bullish continuation by Javon Marks. TheMoonCarl has confirmed this, saying that the Shiba Inu coin is ranging within an ascending triangle on the 1W chart. 

According to his analysis, the conservative target for Shiba Inu (SHIB) in this bull cycle is around $0.000056. Marks is even more bullish, saying that the Shiba Inu token could well trade as high as $0.000081 in this cycle, a 240% increase from its current range.

Why SHIB Investors Are Migrating To Remittix (RTX)

While the memecoin could record substantial gains in 2025, it doesn’t compare to Remittix (RTX), the next 50x altcoin, according to financial experts. The forecasts for RTX, a coin priced at $0.0163, are bullish because of its revolutionary cross-border payment solution.

International money transfers are known for being slow, expensive, inefficient, and for most people in the world, unavailable. This issue is taken care of by Remittix which lets anyone send 30+ fiat currencies to any bank account from their cryptocurrency wallets. 

Remittix allows users to receive 50+ top crypto coins and convert them without any FX fees. It is also faster, cheaper, more reliable, and available to anyone from anywhere on earth. It does this by using Unified Compliance frameworks, advancing the right partnership with global corporations, and tokenizing fiat currencies.

Remittix is not just for retail crypto users. Its use case naturally catches the eye of institutional investors who can quickly spur crypto adoption, and Remittix starts climbing up the crypto ladder. The DeFi project has already raised over $650K in its first presale week, highlighting how much interest there is from investors.

Can Remittix Outperform Top Altcoins; Stellar and Shiba Inu?

Shiba Inu (SHIB) holders pivoting towards this promising new PayFi project Remittix (RTX) underscores the allure of the new altcoin. Set in a $190 trillion market, RTX looks to score bigger gains than Stellar, with a potential rise of 50x in this bull cycle.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

News source:timestabloid.com

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Other articles published on Dec 29, 2024