The post Could We See Dogecoin And Shiba Inu Prices Continue to Rise As We Take A Look Into New Sensation Remittix appeared on BitcoinEthereumNews.com.

There were brief moments last week where it seemed possible that both Shiba Inu and Dogecoin might see sustained rises. This theory has been put to bed in the last 24 hours as things have taken a dramatic turn for the worse. Both assets have plummeted in value and continue to exhibit downward pressure. This comes as the broader meme coin market takes a huge hit. Many avid meme coin enthusiasts are now turning their attention to utility-focused projects in hopes of more stable returns. One such project is Remittix RTX, which offers a practical way of handling worldwide payments, and is poised to outperform conventional financial systems. It has raised over $10.8 million in its presale and it is well on its way to disrupting the PayFi space in 2025. So how far could Remittix (RTX) go and can Shiba Inu and DogeCoin make it this year? Dogecoin Sees Steep Decline Overnight Dogecoin (DOGE) has crashed overnight, dropping 20% of its value in the last 7 days. This has brought Dogecoin’s net monthly loss to 37.75%, putting Dogecoin in real trouble. On-chain analytics suggest that while the asset has dipped in value, large holders have significantly increased their positions. Addresses holding quantities of Dogecoin worth between $1 million and $10 million have increased by 27.43% and 29.28% respectively. Together, these big holders have piled on over $2 billion of Dogecoin within the last thirty days. Shiba Inu Is In The Red  Shiba Inu has also been on a catastrophic downward trend, seeing an 18% loss in the last 24 hours alone. However, for Shiba Inu, the picture is even worse with a 42% net loss across the last 30 days. It is times like this where Shiba Inu is hurt by its large whale holding. Over 58% of Shiba…

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Filed under: News - @ February 5, 2025 5:24 am