Market Cap: $3.1867T -2.380%
Volume(24h): $152.932B -20.850%
  • Market Cap: $3.1867T -2.380%
  • Volume(24h): $152.932B -20.850%
  • Fear & Greed Index:
  • Market Cap: $3.1867T -2.380%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$97547.497462 USD

-1.83%

ethereum
ethereum

$2738.851370 USD

0.16%

xrp
xrp

$2.497104 USD

-2.81%

tether
tether

$1.000278 USD

-0.03%

solana
solana

$204.709543 USD

-0.81%

bnb
bnb

$572.155036 USD

-1.67%

usd-coin
usd-coin

$0.999985 USD

0.02%

dogecoin
dogecoin

$0.264189 USD

0.00%

cardano
cardano

$0.745883 USD

-0.73%

tron
tron

$0.224059 USD

1.20%

chainlink
chainlink

$19.509713 USD

-2.88%

sui
sui

$3.575762 USD

5.78%

avalanche
avalanche

$26.584614 USD

0.99%

stellar
stellar

$0.339104 USD

-2.13%

shiba-inu
shiba-inu

$0.000016 USD

5.06%

Cryptocurrency News Articles

Shiba Inu (SHIB) Might Piggyback Off the Excitement Around Remittix (RTX) to Triple-Digit Gains

Feb 05, 2025 at 07:15 pm

A sudden 5.46% rise in Shiba Inu (SHIB) has sparked talk of a potential 300% rally, capturing the attention of meme-coin enthusiasts.

Shiba Inu (SHIB) Might Piggyback Off the Excitement Around Remittix (RTX) to Triple-Digit Gains

Shiba Inu (CRYPTO: SHIB) has seen a sudden 5.46% rise, sparking talk of a potential 300% rally, which has captured the attention of meme-coin enthusiasts.

Currently trading at $0.00001557, SHIB stands out among dog-themed assets for its active community and recent ecosystem updates — like Shibarium. But some analysts credit part of the renewed optimism to a fresh altcoin in the spotlight: Remittix (RTX).

With over $10.7 million raised, 440 million tokens sold and a current price of $0.0539, Remittix has drawn mainstream interest in bridging wire fees with a PayFi model. Here's a look at why Shiba Inu might piggyback off the excitement around Remittix and how the meme coin could see explosive gains if market sentiment endures.

Shiba Inu appeared caught in the meme-coin doldrums for months, overshadowed by other tokens踽s viral hype. But the tide may be turning as SHIB climbs to $0.00001557. The dog-themed coin has historically relied on community-driven buzz and periodic developer announcements — like Shibarium, which aims to address scaling. Observers say these incremental improvements, combined with a loyal fan base, keep SHIB in the conversation for significant upward spikes.

What’s the catalyst for Shiba Inu price prediction to a 300% rally? According to some analysts, a chain reaction could start if major meme coins gain traction again — mainly if fresh money flows from new altcoin surges. In other words, if people see something like Remittix pumping, they may be more open to exploring other lesser-priced tokens like SHIB, hoping for the next big breakout. Additionally, rumors swirl about advanced updates or secret partnerships, all of which can fuel excitement in the SHIB ecosystem. Should these factors align, a triple-digit climb isn’t unthinkable for a meme coin that once soared purely on viral chatter.

So why would the emergence of Remittix, a PayFi-focused altcoin, boost confidence in Shiba Inu? Part of the reasoning stems from how Remittix’s recent success — a staggering $10.7 million raised and 440 million tokens sold — validates the notion that the crypto market still rewards community-driven projects offering tangible utility. While Shiba Inu isn’t strictly about utility, it has proven in the past that a passionate community can propel a token far.

Remittix has a more direct angle: cutting down wire fees for freelancers, small businesses and families, bridging fiat and crypto seamlessly. People notice momentum — once they see a new altcoin flourish, they might revisit meme coins like SHIB in pursuit of quick gains.

Moreover, there’s talk of broader adoption cycles. Some may also experiment with meme tokens if more mainstream folks jump into crypto for real-world needs — like Remittix’s wallet-to-cash solutions. Often, new entrants purchase lesser-priced coins, hoping small changes can yield significant percentages. Shiba Inu, trading in tiny decimal places, appeals to that crowd. It’s not that SHIB rides on Remittix’s coattails directly, but the heightened attention around altcoins with active communities could easily spill over to dog-themed tokens踽s revival.

While Shiba Inu isn’t competing with Remittix on practicality, a broader pattern of crypto hype is bleeding into multiple tokens. If Remittix keeps raising funds and attracting mainstream media attention, it could ignite interest in altcoins — even fueling a Shiba Inu price prediction that sees SHIB rally 300% or more. For SHIB, such gains don’t hinge solely on one new project, but rather on a wave of renewed confidence in community-driven coins. For believers, now might be the time to watch for collaboration rumors or Shibarium updates that could push SHIB back into a top-performer slot. High gains aren’t guaranteed, but with the market’s cyclical nature, firm dev updates and altcoin momentum could produce the fireworks Shiba Inu holders crave.

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 06, 2025