The drop from $0.000033 to a low of $0.000018500 might have raised concerns from some Shiba Inu (SHIB) investors, but whales made a different move. Within a 24-hour window, whales moved over 12.16 trillion $SHIB tokens, buying the dip in anticipation of a price increase.
While the price target of $0.0001 makes the Shiba Inu coin one of the best options for whales, they have shown more interest in Remittix (RTX). Set to make the $190 trillion international payment systems obsolete, analysts believe $RTX could be the next 100x altcoin.
Remittix (RTX) To Be At the Forefront of the Crypto Revolution
Sending remittances is about to get easier than ever with the new PayFi project, Remittix (RTX). Traditional remittance services that take days to process and are expensive will now be much cheaper and completed on the same day thanks to Remittix.
An integration of the latest blockchain technology allows Remittix to offer quick and transparent transactions with zero hidden charges. The user interface of the Remittix platform is amazingly easy to use.
Whether you are a new or seasoned trader or business, with the click of a button you can convert over 50+ cryptocurrency pairs into over 30 fiat and send the funds to any of the supported banks.
Remittix makes every fiat deposit via local payment networks, meaning this process only takes a few minutes or hours. This put Remittix ahead of industry giants like Stripe and Wise, strategically placing it as one of the DeFi projects that could transform the $190 trillion global payment market.
The native $RTX governance token gives users control of the Remittix’s PayFi ecosystem. Remittix investors in the VIP tier receive premium voting powers, allowing them to vote on crucial elements of the ecosystem. They also get very attractive APYs for long-term and staking $RTX.
Remittix looks positioned to be one of the top crypto coins to lead the crypto revolution. As a result, there has been huge demand for RTX, with the cryptocurrency ICO notching up over $450K in its first week.
Shiba Inu (SHIB) Whales Go on Buying Spree, Set for Massive Increase
On the monthly timeframe, SHIB has plunged from $0.000033 to a low of $0.00001850. The memecoin has rebounded from this range to trade above $0.00002300, according to CoinMarketCap’s data.
While the SHIB token may be struggling in the $0.0000200 range, since the crypto market correction, whales believe a huge price increase is around the corner. IntoTheBlock analytics data shows that SHIB whales moved over 12.16 trillion tokens in a 24-hour span.
In the same period, there were over 520 large transactions valued at over $100,000. The huge activity of whales and the ongoing price rebound suggests that the Shiba Inu crypto is likely to cross the $0.000025 range if the momentum is sustained.
If the Shiba Inu (SHIB) remains above the $0.00002139 to $0.00001939 support zone, VipRoseTr has predicted that there could be a launch of an uptrend. From here, the analyst thinks the bulls may attempt a bullish rebound to higher targets if this support zone holds.
Another analyst, InvestingHaven, has said that the future Shiba Inu price movement could depend on the volatility of the crypto market. According to his analysis, $SHIB could rally to a high of $0.0000998 in this bullish bounce, making it one of the top memecoins to deliver huge returns.
Which is the Best Crypto To Buy for Huge Gains: SHIB or Remittix?
Whales’ recent Shiba Inu accumulation spree shows that the meme coin is worth buying. Nonetheless, the potential target of $0.0000998 of SHIB can’t be compared to what RTX can provide.
The altcoin price could hit $1 in 2025 as it is a revolutionary project aiming to transform an entire market, analysts say. This makes RTX a good investment opportunity at its current price of $0.0156.
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