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Cryptocurrency News Articles

Shiba Inu (SHIB) Price Prediction is the Hot Topic Today as the Majority of Investors Think That SHIB Can Repeat Its 2021 Rally

Mar 27, 2025 at 03:00 pm

Shiba Inu, which has gained popularity for its initial wild profits, and the second is a new DeFi project that offers real solutions for international payments.

In the present market scenario, characterized by a broad-based recovery in risk-appetite, a recent report by Incrementum GmbH, a renowned investment firm, has taken a lighthearted jab at Bitcoin, comparing it to the meme-driven cryptocurrency Shiba Inu (SHIB).

The report, titled "The Corona Generation: Technology, Investment, and the New Order," delves into the technological advancements spurred by the pandemic, with a focus on cryptocurrencies.

"Both have a devoted community that drives engagement on social media and online forums. Both have seen wild price swings, sometimes seemingly driven by collective mood shifts more than fundamentals. And both have been the subject of intense scrutiny and skepticism from traditional financial institutions," the report mentions.

However, despite these similarities, the two projects diverge sharply in their methodology and the problems they aim to solve.

Shiba Inu, a project that rose to fame with its initial rapid gains, is attempting to stage a comeback. After a period of decline, recent reports indicate a recovery of sorts for SHIB.

Within a 24-hour period, the coin experienced an increase of 2.87%, pushing it to $0.00001350. Although the percentage gain may seem modest, considering the low price of the coin, even small changes in value can translate into substantial differences, especially at lower price levels.

Technical analysis of Shiba Inu suggests that the coin's trading volume is on the rise, and it has seen an increase in social media presence. Some technical indicators also hint at the possibility of an upswing if the coin's momentum continues.

According to Coincodex, one technical analysis view predicts that SHIB could rise 96.53% to reach $0.00002644 by March 30.

However, investor sentiment towards Shiba Inu remains mixed. Some investors are optimistic that renewed interest from the community and strategic partnerships might set the stage for another rally in the coin.

On the other hand, some investors are concerned that the coin's reliance on hype might limit its potential for sustained growth in the long term.

In contrast to Shiba Inu, Remittix is a new decentralized finance (DeFi) initiative focused on providing practical solutions to a well-known problem in international payments.

Conventional banking channels often impose high fees and process cross-border payments slowly. This poses a challenge for the millions of people worldwide who lack access to modern banking services.

According to the World Bank, nearly 1.4 billion adults in the world do not have a bank account, and the majority of them live in developing countries.

Remittix aims to address these issues by creating a platform that seamlessly connects fiat and cryptocurrency, enabling users to transfer digital currencies directly to the recipient's bank account.

This integration allows for instant transfers with significantly lower fees compared to traditional methods. In essence, a user in a developing country can easily convert crypto to fiat at local facilities, such as Western Union, for cash withdrawal.

This crypto-to-fiat solution retains the key advantages of cryptocurrency—anonymity and complete user control over their funds—and applies them to everyday financial needs.

Moreover, the project has made substantial progress. During its initial coin offering (ICO), Remittix sold over 521 million tokens, showcasing strong interest from early investors.

Currently, the RTX DeFi coin is priced at $0.0734, presenting a good entry point for early investors. As Remittix is addressing a clear market problem with its technology, it stands out as one of the best cryptocurrencies for investors to consider.

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Other articles published on Apr 08, 2025