Shiba Inu and Cardano Struggle to Break Resistance as Remittix (RTX) Token Rallies 50x in Presale

The crypto market has continued to face intense pressure ahead of the FOMC meeting, with meme coins the worst hit.

The crypto market has faced immense pressure ahead of the FOMC meeting, with meme coins bearing the brunt of the impact. The Shiba Inu price has dropped by 4% in the last 24 hours as market activity has flattened. Meanwhile, the Cardano tokens' price has seen a marginal decrease of 1.35%, failing to cross the $1 mark in the last day.

On the other hand, signs indicate a massive rally for the Remittix (RTX) token. The new DeFi project, which offers crypto to fiat payment options, has seen widespread adoption in recent weeks, raising over $9 million in presale. Analysts are projecting 50x rallies before the end of Q1 due to the surging momentum.

Shiba Inu Price Could See Bullish Reversal Soon

The Shiba Inu price has seen a significant drop in the last week, falling below the $0.000020 support zone. According to market statistics, the Shiba Inu token has dropped by 14% in the 30D timeframe and 10% in the last week. The bears are further indicated by the decreasing Shiba Inu trading volume, which may lead to more bearish sentiment.

Crypto analyst Eric believes that Shiba Inu crypto is showing resilience despite the recent dip, as it sits at a key support level. Going further, Eric claims that the longer it stays in this range, the higher the chances of a breakout, which could push the altcoin price close to $0.000030.

Shib Spain also agrees with Eric, stating that Shiba Inu's price is sitting at a strong support zone. The analysts think a reversal could push the price toward $0.000038. While the current Shiba Inu market sentiment is bearish, the Fear and Greed index is 72 (Greed), indicating that investors are still optimistic of a bullish rally soon.

Can Cardano’s Price Hit the $2 Target in Q1?

The Cardano price reached the $1.20 mark in early December, which saw the market cap surpass $40B. However, several attempts to retest the mark have been unsuccessful in the past weeks, with the altcoin price dipping below $1 in the past few days. The Cardano trading volume has also declined from the over $1B recorded last two weeks to less than $700M.

This showcases the altcoin's struggle with the bear market. According to CoinMarketCap, Cardano's crypto price has declined by 5% in the past week. While the market sentiment remains bearish, Cardano’s future open interest has surged to an all-time high, signalling unprecedented market activity.

Onchain market tracker Santiment data shows that Cardano ranked third in developer activity in the past 30 days, indicating the growing adoption of the ecosystem, which might trigger buying pressure for the ADA token. In his Cardano price prediction, crypto analyst CryptoPilotu forecasts the ADA price to hit the targets of $2, $3.5, and $6 in the long term. It is one of the altcoins to watch in 2025.

Remittix Price Prediction – Will RTX Hit $1 in 2025

Since the launching of the Remittix (RTX) presale, the DeFi coin has witnessed astronomical growth, triggered by its cross-border payment solution, which allows users to convert cryptos to fiat seamlessly at no hidden fees. The native token RTX, which was less just $0.015 four weeks ago, has surged to $0.0479. That means investors who bought early have gained over 300% ROI.

The Remittix website data shows that over 450 million RTX tokens have been sold, helping the team raise over $9.5 million in cryptocurrency ICO funding. Going by the current trajectory, the possibility of the presale funding hitting $20 million in Q1 is high, pushing the RTX price closer to $0.10. Adding to the strong use case, the RTX token might hit $1 in 2025.

With the cross-border payment industry estimated to hit $250 trillion in 2027, an investment in Remittix now might turn average investors into millionaires soon, making it the best altcoin to invest for long-term growth. As a platform, Remittix is leveraging blockchain technology and local payment networks to facilitate crypto-to-fiat transactions, ensuring faster transaction processing.

Given that there are no hidden fees, what you send is what you receive. Notably, all transactions are stored in a public ledger, ensuring traceability and transparency. The decentralized nature means that users have full control over their assets. With added features like the Remittix Pay API, both businesses and companies can take advantage of the platform to pay their workers.

Why Remittix Will Outshine Shiba Inu and Cardano in 2025