Market participants are concerned about Dogecoin and Shiba Inu investors due to rising predictions for meme market value decreases. As an emerging altcoin Remittix shows potential to expand its market value during February despite current market uncertainties. The project has already raised over $10.5 million during its rapid initial coin offering (ICO), attracting considerable attention from those looking for new opportunities in cryptocurrency.
Find out more about this new PayFi altcoin set for 10x massive gains in February.
Can Dogecoin Overcome Resistance Levels and Reclaim Higher Ground?
During the previous week Dogecoin (DOGE) experienced a 5.37% decrease in its value to reach a market price of $0.3310. At this moment the 100 EMA maintains its position at the same level where it actively helps stop additional price decreases.
The initial resistance level stands at $0.35 before the price reaches $0.36. Throughout its history DOGE faced difficulties in sustaining price gains above $0.38 and $0.40 values. Although selling pressure has eased, as shown by a stabilizing RSI and lower trading volume, a slow recovery might begin if DOGE stays above the 100 EMA.
SHIB Faces Mini Death Cross, Recovery Efforts Challenged
The current price of Shiba Inu (SHIB) stands at $0.00001912 while experiencing a 4.12% decrease during the previous week as it demonstrates minimal recovery patterns. A mini death cross has appeared after the 26 EMA crossed beneath the 200 EMA. The bearish indicator provides evidence that prices will probably move down further in the upcoming period.
The support levels for SHIB will be $0.0000180 and $0.0000175 if selling pressure intensifies. SHIB faces an uncertain future because its inability to reach $0.0000217 will result in either support at $0.0000180 or additional price drops. The next trading periods will determine if SHIB manages to scale past resistance points or if price continues downward movement.
Beyond Meme Coins: Remittix Provides Real-World Solutions
The company Remittix (RTX) takes on major real-world issues to serve the 1.7 billion people worldwide who lack banking services. Many cryptocurrency users are searching for dependable alternatives after the decline of Dogecoin (DOGE) and Shiba Inu (SHIB) meme coins. Users who lack access to traditional banking institutions can use Remittix to get cryptocurrency payments which then gets converted to cash by Western Union for participation in economic activities.
The distinct feature of Remittix is its intuitive design which benefits companies particularly well. Businesses can establish merchant accounts through Remittix without facing any hidden costs and this simplifies their payment management system particularly for small businesses and freelancers.
Another attractive aspect of Remittix is its flat fee for international transfers. This means the amount sent is exactly what the recipient gets, eliminating unexpected charges that often come with traditional banks. Additionally, the “Remittix Pay” API enables businesses to accept cryptocurrency payments effortlessly, simplifying invoicing and improving financial management.
By addressing these pressing issues, Remittix stands out as a real-world solution for both individuals and businesses. It captures the true spirit of cryptocurrency by offering anonymity and control over assets while integrating smoothly with modern finance. As many investors grow wary of meme coins, Remittix presents itself as a practical alternative, providing solutions for everyday financial needs and empowering those who are unbanked.
$36 Million Target in Sight: Remittix Presale Gains Momentum
The Remittix (RTX) token presale is generating excitement in the crypto community, especially among Dogecoin (DOGE) and Shiba Inu (SHIB) investors. With a target of raising $36 million, the presale has already secured over $10.5 million by selling 86.45% of its tokens, about 440 million out of 750 million—at $0.0521 each. Experts predict the presale will sell out in eight weeks, with the price set to rise to $0.0539.
The liquidity pool and team tokens will be locked for three years, while RTX tokens will soon be listed on major exchanges and Uniswap. After the presale, control of the smart contract will be handed over to the community and token holders, offering investors a promising opportunity in the growing cryptocurrency market.
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