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Cryptocurrency News Articles

Shiba Inu, Dogecoin, Remittix Get Set For Further Rallies

Feb 06, 2025 at 05:27 pm

Apart from its price action, Shiba Inu, the Ethereum-based memecoin, has lately attracted interest for its strategic actions including a novel alliance

Shiba Inu, Dogecoin, Remittix Get Set For Further Rallies

Shiba Inu, the Ethereum-based memecoin, is generating interest for its strategic moves, including a partnership with a United Arab Emirates government agency, while Dogecoin remains in the spotlight with news of a possible ETF. On the other hand, Remittix is transforming the global payments landscape by enabling direct crypto-to-fiat transactions, disrupting established banking systems. We will explore the latest market developments, promising trends, and innovative projects setting these assets apart.

Shiba Inu (SHIB) price dropped more than 9% last week, but the memecoin is still one of the promising altcoins to watch. After initially trading in a range between $0.000017 and $0.000020, a bearish breakout pushed Shiba Inu price down below the $0.000012 level.

However, as Shiba Inu price chart shows, bullish momentum quickly returned, driving the meme coin back above $0.000016. Despite a more than 31% decrease over the last month, technical indicators like the MACD and Momentum Oscillator are pointing traders toward buying opportunities as Shiba Inu price prepares for a rally.

Shiba Inu is becoming even more interesting with its recent innovative partnership. The Ministry of Energy and Infrastructure (MoEI) partnership marks the first collaboration between a UAE government entity and a Web3 project of this scale. Focused on energy, infrastructure, and public service development, the partnership will see Shiba Inu’s Operational System (ShibOS) being utilized at the federal level.

Shiba Inu is thus not only increasing its status as one of the top meme coins to hold but also approaching practical real-world value. With its combination of strategic partnerships and promising technical analysis, Shiba Inu price predictions remain optimistic.

Dogecoin (DOGE) price showed significant volatility over the last week as it dropped more than 17%. After a period of consolidation between $0.35 and $0.30, the Dogecoin price chart shows strong selling pressure that led the meme coin down to the $0.20 region via a bearish breakout.

But bullish momentum soon picked back up, driving Dogecoin price above the $0.26 level. Even with this current downturn, Dogecoin’s bullish community sentiment and technical indicators are pointing toward possibilities for a comeback. And with 43% green days over the last month and an outstanding 9.54% price volatility, Dogecoin is still one of the promising altcoins to watch as its price action continues to generate interest among traders and investors.

An important development that had the community buzzing and sparking hope for a wider institutional adoption came with Grayscale’s announcement for a Dogecoin ETF with the NYSE. This potential ETF could be bringing Dogecoin a major opportunity for higher liquidity and mainstream visibility.

With Dogecoin holders expecting a massive pump soon, the memecoin’s near-term direction seems bullish. And while Dogecoin price has seen a significant drop recently, the持续 positive sentiment and the prospect of a Dogecoin ETF help keep hopes up for its long-term potential.

Remittix (RTX) is transforming the global payments industry by seamlessly bridging the gap between cryptocurrencies and conventional banking institutions. Moreover, Remittix drastically cuts transaction times and eliminates the need for costly middlemen by allowing users to send digital assets directly to fiat bank accounts worldwide.

This unmatched efficiency positions the Remittix platform to capture a significant portion of the rapidly growing $190 trillion cross-border payments market. And with the global crypto industry set to generate an estimated $11.7 billion in revenue by 2030, Remittix is poised for explosive growth.

Spearheaded by a vision to revolutionize cross-border payments, the Remittix platform offers exceptional transparency, reliability, and a clear competitive edge, guiding savvy investors seeking long-term gains. Currently valued at just $0.0539, the RTX token presents an incredible investment opportunity for anyone hoping to participate in the future of cross-border payments.

Furthermore, Remittix provides a level of freedom that conventional payment methods can’t match, with over 30 fiat currencies and 50 crypto pairs on offer. As demand for this unique platform surges, RTX is primed to become even more valuable, establishing it among the best cryptos to buy now.

While Shiba Inu builds strategic partnerships and gains community support, and Dogecoin attracts attention with the possible ETF boost, Remittix is the game-changer in cross-border payments by deftly combining crypto and fiat, offering a clear, fast, and cost-effective alternative to traditional methods. Investing in Remittix now provides an opportunity to participate in a revolutionary shift as the world moves toward integrating crypto into mainstream banking. And with the Remittix presale gradually coming to an end, tomorrow might be too late to accumulate RTX.

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