Remittances Market to Explode as Dogecoin (DOGE) and Shiba Inu (SHIB) Enjoy Double-Digit Upticks

Dogecoin and Shiba Inu are currently enjoying double-digit upticks as both meme coins break out into a bullish resurgence.

Dogecoin’s DOGE price is up 40% in 30 days of trade as the meme coin continues its bullish breakout. As the broader crypto market recovers with Bitcoin now above $100K, retail excitement over meme coins is making a comeback.

Dogecoin’s DOGE has surged around 40% in the last month, with its price now at $0.234. Dogecoin had struggled to breach the $0.20 resistance zone after several attempts. That saw its price dip to lows of $0.149.

Shiba Inu’s SHIB is also emerging from lows of $0.00001064. That makes its current price of $0.00001645 a remarkable 32.3% uptick.

Did you miss out on buying the dip for both DOGE and SHIB? Analysts believe that Remitix’s RTX is next in line for a 3,000% uptick. Its ongoing presale has raised over $14.9 million, with RTX now changing hands at $0.0757.

Dogecoin Surges 40% as Whales Make a Comeback

Dogecoin is pumping right now. Its price is above the $0.22 resistance zone, and is quickly turning into a new support area. DOGE has retested this zone with its price movement forming a cup and handle pattern on the daily time frame.

Expert analysts noticed a repeating pattern for DOGE whereby its uptick marks the start of altcoin season. Dogecoin’s 44.6% uptick adds to its year-to-date surge of 66%. If the bulls continue to add buying pressure to DOGE, the pioneer meme coin might settle at $0.25. That could trigger traders to enter long positions.

Shiba Inu Breaches Critical Resistance Amid Increasing Bullish Sentiment

Another dog-themed meme coin flexing gains is Shiba Inu. Its price is up 32.3% in the last month despite a 27% drop on its year-to-date chart.

SHIB’s bi-weekly performance is also impressive, registering an increase of around 25%. As SHIB’s uptick gains momentum, analysts forecast a breakout past the $0.00001660 resistance. It could see SHIB confirm higher support levels to settle above $0.000017.

However, traders should maintain a watchful eye over SHIB. Its 100-day EMA still shows a negative crossover that could form if SHIB fails to sustain this rising bullish sentiment.

Remittix’s RTX is Set to Surge on Launch, Similar to Early DOGE and SHIB

Meme coins ride on hype and excitement among retail holders. Conversely, Remittix’s RTX is going to ride the coattails of utility thanks to its PayFi protocol. Remittix is a revolutionary platform on track to reinvent cross-border payments. It’ll do that using a simple, intuitive, and affordable approach primed for mass adoption.

Remittix enables crypto holders to send crypto funds directly from their crypto wallet to the recipient’s bank account. That’s also at negligible costs and zero hidden charges or fees. The recipient gets a bank transfer in the fiat currency of their choice. That’s because Remittix’s local payment network supports over 30 fiat currencies.

Crypto holders sending funds across Remittix’s payment network also enjoy flexibility and convenience. That’s because of Remittix’s support of over 40 cryptocurrencies, including stablecoins.

Compared to existing solutions, Remittix’s PayFi protocol is fast and accessible. The recipient doesn’t need to know how to use a crypto wallet to receive funds. This approach will still the complexities that come with crypto wallets. What’s more, businesses can accept crypto payments with Remitix’s PAY API.

Remitix’s PayFi protocol has attracted early bird investors to its RTX presale, and so far, over 80% of RTX’s total supply of 1.5 billion tokens has been sold. Given that the future of the remittance industry is projected to be worth over $250 trillion by 2027, RTX is on track to lead the way, making it a must-have asset for those looking to invest beyond speculative meme coins like DOGE and SHIB.

Discover the future of PayFi with Remitix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix