Shiba Inu (SHIB) started as a Dogecoin competitor, but has now levelled up

SHIB is currently in the ‘Top 30’ of the largest crypto by market cap, with a $7.8 billion in capitalization, and second to DOGE among top memes.

Shiba Inu (SHIB) started as a Dogecoin competitor, but has now levelled up—it is now a full-blown community-powered project with its ecosystem of tokens and apps. SHIB is currently in the ‘Top 30’ of the largest crypto by market cap, with a $7.8 billion in capitalization, and second to DOGE among top memes. However, it started the year at $0.000021, -51.43% from its 2024 high.

Currently, SHIB is in bearish territory, with recent price action showing strong volatility and liquidity. As uncertainties on SHIB’s price continue, a few Solana meme coins, including Dogwifhat and Fartcoin, and Ethereum DeFi tokens like Uniswap and even Remittix look more promising.

Remittix- Pushing the Boundaries in Cross-Border Payments

Remittix is gaining traction for its revolutionary spin on cross-border payments: crypto-to-fiat settlements. With Remittix’s Pay API, cross-chain and crypto-to-fiat aren’t just possible—they’re fast, with zero FX fees and no hidden charges.

Remittix’s Pay API is scalable and works for both individual users and enterprises. Individuals simply connect to approve payments, and businesses can either integrate a merchant account on the website or use PayAPI. Regardless of the option, users enjoy the benefits of transacting on the blockchain and are settled in over 30 fiat currencies.

Transactions are safe and with a public record, Remittix’s smart contract is rated ‘Very Safe’ by Blocksafu.

Shiba Inu Fails to Break Past Key Resistance $0.00001400–$0.00001420

Source: CoinGecko

SHIB has been playing it steady with a solid trading volume. Recently, around 3.8 trillion SHIB tokens were traded in a single day—indicating strong liquidity and volatility. Shiba Inu’s price continues to trade above its $0.00001200 support, but hasn’t made progress past its key price resistance at $0.00001400 to $0.00001420 (50-100 EMA).

Other technical indicators are pointing to SHIB’s bearish short-term outlook—its RSI is around 41, below neutral, and MACD indicates a downward momentum.

Solana Meme Coins Are Poppin’ Off, with Dogwifhat and Fartcoin Leading the Charge

Source: CoinGecko

With a market cap of around $11.8 billion and daily trading volume at $2.89 billion, the Solana-based meme coins are some of the actively traded tokens today. Dogwifhat and Fartcoin are two of the top meme coins in this category, riding on a strong volume, reflecting growing investor interest.

FART is +26.5% from the previous week, and WIF is +4.1% for the same period. Even the mid-cap tokens are showing gains, and overall, this sector appears bullish with its solid price support.

DeFi Tokens On the Move, With Uniswap on Bullish Surge

Source: CoinGecko

The core DeFi tokens, including Uniswap (UNI), are on a tear, with major categories in green. UNI’s price, for example, is 25% from its previous week’s performance, with at least a 19% gain on a month-over-month basis.

Like the major DeFi tokens, UNI is currently enjoying a short-term price burst, with experts looking at growth in DEX volumes and rising fee revenues as possible catalysts.

DeFi Heats Up, and Remittix is About to Give it an extra boost!

With a bearish sentiment on SHIB, other major altcoins offer holders and investors better options during uncertain times. DeFi tokens, particularly UNI and those involved in DEX and yield farming, are currently beating the market.

However, for investors looking for a bigger ROI, Remittix offers better growth potential. Currently on presale, the Remittix team invites early adopters to invest early in the RTX presale.

The RTX token is priced at $0.0781 at its current presale stage, and will soon increase to $0.0811 once the target supply has been exhausted. And with Remittix nearing the $18 million soft cap milestone, there’s an opportunity to use a 50% token bonus, on top of a lower price, before another leg-up.

Don’t miss this chance—buy your RTX tokens now and join the growing community!

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

Website: https://remittix.io/