Why Shiba Inu Is Predicted To Fall By Up To 50% In 2025 & How This New Altcoin Could Change The Way We Make Payments
The post Why Shiba Inu Is Predicted To Fall By Up To 50% In 2025 & How This New Altcoin Could Change The Way We Make Payments appeared on BitcoinEthereumNews.com.
Speculative assets like Shiba Inu (SHIB) remain highly volatile, a pattern synonymous with other memecoins in the space. More so now than ever, crypto enthusiasts are eyeing projects that provide real world utility and are thus more likely to survive the test of time. Of these, Remittix (RTX) is stepping in with a platform that harnesses blockchain technology to tackle real world problems in the financial sector. As its presale progresses, Remittix is poised to claim a large share in the $190 trillion global payments space, as it rocks the financial world. So can Shiba Inu survive 2025 and what could Remittix (RTX) achieve in this timeframe? Shiba Inu Posts Small 2% Recovery After Broader Losses Shiba Inu (SHIB) is hanging on for dear life, having posted a 15.67% dip in the past 7 days. This harrowing drop has panicked Shiba Inu (SHIB) enthusiasts, particularly as the idea that meme coins are dying out, becomes more prevalent. The technical picture for Shiba Inu (SHIB) suggests the asset is moving in a bearish descending triangle pattern. It is now trading at $0.000020 a token and the 24-hour trading volume is at about $446 million, up 40% suggesting investors are selling off fast. The Relative Strength Index (RSI) is at 40, suggesting the token is near oversold and potentially precluding a short-term rebound, however the Moving Average Convergence Divergence (MACD) remains below the signal line indicating continued bearish momentum for Shiba Inu. Remittix Opens New Doors for Global Payments Core to its offering, Remittix offers deep utility for businesses and traders. It enables the conversion of more than 40 cryptocurrencies into fiat currencies, while facilitating the transfer of funds to bank accounts worldwide, most often within a 24 hour window. It eliminates hidden fees and offers a predictable alternative to old…
Filed under: News - @ January 27, 2025 12:23 am