Remittix (RTX) Presale Gains Momentum Targeting the $600B Global Remittance Market

Remittix is gaining momentum as a practical altcoin built to solve real financial problems, unlike meme coins Shiba Inu and Pepe. Its PayFi platform offers fast

Shiba Inu price slid 19% on Thursday as renewed volatility in the crypto market stalls any attempt at a comeback.

Shiba Inu (SHIB) price slid 19% in the past week, trading below $0.000015. The drop continues a slide that began last month, where the token lost 15% of its value.

Shiba Inu trading volume has hit $332 million, but price action remains choppy, trading between $0.0000145 and $0.0000139.

Shiba Inu technical analysis: mixed signals

Technical indicators are mixed, and sentiment is flat. The Fear & Greed Index is 70, signaling ongoing greed, yet price forecasts remain bearish. Some models like CoinCodex predict a further 13.35% drop to $0.0022 by August.

Shiba Inu holds the #16 spot by market cap and remains supported by its community. However, the long-term chart reflects speculative trading, not organic growth or adoption.

Shiba Inu news: no updates on metaverse project

Shiba Inu's Layer-2 scaling solution Shibarium is expected to launch soon, aiming to reduce transaction fees and increase throughput. The project is still in development, and there's no confirmed timeline for its completion.

Shiba Inu's metaverse project is also progressing slowly. The project was announced in December 2021, and it's designed to create a decentralized world where Shiba Inu holders can interact and participate in various activities.

Shiba Inu is a meme coin that gained immense popularity in late 2021. The token's price surged over 48 million percent in 2021, fueled by retail traders on platforms like Reddit's r/WallStreetBets.

Pepe Coin pulls back as bullish flag points to potential 125% upside

Pepe Coin is down 17.8% from its monthly high. However, the daily chart remains bullish. Pepe formed a double bottom at $0.00000577 in March and April, then broke above the neckline at $0.000009215.

After the breakout, Pepe’s price action has since formed a classic bullish flag. A breakout above $0.00001535 would confirm upside potential toward $0.020, with a possible move to its all-time high of $0.00002840—125% above current levels.

Pepe price has gained further support as whales increase their holdings, signaling confidence in continued upside. Santiment data shows wallets holding 10 million to 100 million tokens have grown their stash to 4.02 trillion coins, up from 3.9 trillion in February. Mid-size holders with 100,000 to 10 million tokens are also adding to their positions, reinforcing a bullish outlook for the token.

Remittix presale gains traction as PayFi platform targets real-world payment utility

Remmitix is a blockchain project that is aiming to simplify and streamline crypto-to-fiat transfers. The project’s PayFi platform allows users to convert over 100 cryptocurrencies into 30 fiat currencies and send funds directly to bank accounts.

Remmitix presale has raised over $15.2 million, selling more than 537 million RTX tokens at a current price of $0.0781. Half of the 1.5 billion total supply is allocated for presale, and completed smart contract audits add a layer of trust.

Remmitix's PayFi platform offers same-day processing and flat fees, addressing key pain points in the global remittance market, which is estimated at $600 billion.

Remmitix also supports merchants and service providers with an API that enables crypto payments and fiat settlements worldwide. Its emphasis on compliance, functional design, and payment simplicity gives it a clear edge over speculative tokens like Pepe.

With strong early backing and a focus on solving real-world financial problems, Remmitix is positioning itself as a serious contender in the next wave of altcoin adoption.

While Shiba Inu and Pepe Coin face uncertain short-term gains, Remmitix's presale offers the potential for 500x returns or more over the long term. Early investors still have a chance to get in before RTX sees significant growth.