Cryptocurrency space flourishes on tokens with promises of explosive returns, beckoning retail investors and whales alike on high-rolling binges.
As Pepe and Shiba Inu (SHIB) have spearheaded the meme-token rush, novel altcoin Remittix (RTX) has begun competing for keenly sought-after portfolio space with an objective of 12,000% profits.
Here, we examine Pepe’s technical resurgence, SHIB’s comeback figures and why Remittix could surpass them both as whales target the next mega-pump.
Pepe: Poised for a Bullish Breakout
Pepe’s daily chart echoes a descending wedge, which is typically a precursor to a bullish reversal. The token has been trapped between two converging trend lines since late last year, with diminishing peaks and valleys characterizing its price trajectory. To add some spice, Pepe also etched a double-bottom at $0.0000060, implying a strong support area prior to a breakout to the upside.
Technical indicators are positive. The Relative Strength Index (RSI) recently crossed above a falling trendline, a buy signal. If Pepe bursts above the neckline at $0.00002830 its all-time high it can surge to $0.00002095 or more, providing a fantastic 220% gain from here. Traders should, however, exercise caution: a fall below $0.00000298 would invalidate the bullish argument altogether and open the gates for further weakness.
Though these encouraging signs are promising, the meme-driven character of Pepe makes it vulnerable to abrupt sentiment reversals. Whales in pursuit of more stable growth might be cautious of its volatility, despite the near-term upside being tantalizing.
Shiba Inu: Reversing a Week of Losses
Shiba Inu (SHIB) gained 8% over the past 24 hours to $0.0000123, recovering from a four-day losing streak. As of today, 34% of SHIB addresses are in the money at current prices, and 62% are still in the red, according to IntoTheBlock. That highlights SHIB’s precarious situation: enough holders see profit potential to carry on momentum but a fair number are still in the red.
Meme-coin frenzy still drives Shiba Inu. While overshadowed in recent weeks by newer competitors, SHIB’s large community still generates high volume trades. Technicals are mildly bullish following the token’s weekend recovery from lows. With daily volumes still exerting upward pressure, another spike is plausible.
Nevertheless, Shiba Inu’s dependence on internet sentiment can cause rapid price movements. Meme coins like SHIB and Pepe moon or dump at the whim of sudden sentiment shifts. Though short-term profits are enticing, whales with longer timeframes favor coins with stronger use cases.
Remittix: The Cross-Border Contender
Remittix (RTX) stands out by entering a $190 trillion cross-border payments market rather than surfing viral memes. In its presale, Remittix sold 518 million tokens and gained $13.8 million, providing 1,000% returns to early investors through the market volatility.
Analysts predict further 200% increases over the coming month, which will fuel bullish targets that others say will finish at 12,000% profits.
Costing $0.0734, Remittix is a draw for anyone needing fast and affordable global transactions. With its fusion of local payment networks and blockchain tech, Remittix converts 40+ cryptos to fiat and pays out to any bank globally with minimal fees.
Its Remittix pay API even enables merchants to accept multiple tokens and settle in fiat a lifesaver for freelancers, remote teams and e-commerce retailers.
Consider the example of an African exporter of handicrafts selling locally produced goods online to European customers.
Instead of fretting over overseas wire fee acronyms and long delays, the exporter can use Remittix to exchange USDT into local currency and have it deposited in a local bank account within hours. This is a simplistic way of eradicating hidden fees, speeding up the exporter’s cash flow and facilitating international business growth.
Could Remittix Eclipse Pepe and Shiba Inu?
Pepe’s wedge breakout and SHIB’s bounce pique the interest of meme-coin speculators chasing quick profits. But such tokens are inherently volatile, riding on social hype that can evaporate at any moment.
Remittix, however, delivers real-world utility: near-instant crypto-to-fiat settlements, a functionality that stands ready to upend cross-border finance.
As whale investors pursue 12,000% returns, Remittix’s history of 1,000% presale gains indicates that it could surpass meme coins in the long run. Its consistent solution to real-world pain points such as remittance costs appeals to institutional and everyday users alike.
Should adoption persist, Remittix could outshine more speculative plays and become a leading DeFi asset for 2025 and beyond.
Discover the future of PayFi with Remittix by checking out their presale here:
Website:https://remittix.io/
Socials: https://linktr.ee/remittix
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