Dogecoin (DOGE) and Shiba Inu (SHIB) are losing value, but is there a better cryptocurrency that has greater potential? These two meme coins are having a hard time since so many people are selling them, but Remittix (RTX) is getting a lot of investor attention.
This initiative isn't simply hype; it has real-world uses, solid fundamentals and a lot of investment interest. What sets it apart? Why do experts say it's the best risk-to-reward play in the crypto market right now? Read on to find out.
Dogecoin struggles: Can $0.18 hold the line?
Over the past week, the Dogecoin price fell by more than 15%. It hit the $0.23 resistance zone and then had a lot of selling pressure. Bears took over, and most of the gains from the previous month were lost.
The $0.18 support level is really important right now. The Dogecoin price could go up in the next few days if bulls can hold this area. If the Dogecoin price drops below $0.18, though, the next target could be the $0.14 support zone. Traders are keeping a careful eye on who wins next.
Source: CoinMarketCap
Shiba Inu under pressure: Bears take control
The Shiba Inu coin plummeted nearly 12% in the past week. After hitting a resistance around $0.0000146, sellers came in strong. This made the Shiba Inu coin drop to the $0.0000123 support level.
The past month was generally bearish for the Shiba Inu coin. Technical indicators make the negative picture even worse. Moving Averages are sending strong sell signals, but Oscillators are still neutral. For now, the bears are obviously in charge.
Source: TradingView
Remittix targets a slice of the $183 trillion banking industry
Remittix is transforming cross-border payments. It uses the power of blockchain with regular banking. Users can convert more than 100 cryptocurrencies into fiat and send the money to any bank account in the world. This makes Remittix great for both enterprises and individuals who own cryptocurrencies. It has the quickness of cryptocurrency and the ease of using fiat.
Remittix is getting ready to take a piece of the pie in this burgeoning business, with global cross-border payments anticipated to reach $250 trillion by 2027. This special use case makes RTX one of the best cryptocurrencies to buy right now. The Remittix presale is on, and each RTX token costs only $0.0781. But this price won't stay the same for long.
When one Remittix block sells out, the next one opens up at a higher price. The following price is $0.0811. This structure gives early investors bigger returns. This is why now is the best moment to buy RTX and get the most out of your money. Remittix also passed a comprehensive SOLIDProof audit without any problems, which shows how serious it is about safety.
While Dogecoin and Shiba Inu dip, Remittix rises: Don't miss out
Remittix is doing well, but Dogecoin and Shiba Inu are losing value. While some people are panicking, wise investors are moving their attention to a project that has real-world use, excellent fundamentals and the potential for huge development.
The Remittix presale is still ongoing, but there are only a few tokens left in the current block. The price goes higher after this block gets sold out. Don't let this wave pass you by. Get RTX for only $0.0781 right away and enjoy the next big crypto spike before it's too late.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.