Cryptocurrency

Shiba Inu and Pepe Approach Support Levels, Crypto Whales Are Buying This Altcoin Instead Though

Written By : Market Trends

While crypto whales are concentrating elsewhere, Shiba Inu and PEPE are failing at important support levels. A new altcoin is drawing interest while SHIB price swings at $0.00001811 and PEPE battles to keep momentum. Could this altcoin be the best coin to purchase right now given its practical value and great potential for expansion?

Shiba Inu’s ShibOS Launch: Can It Revive SHIB Price or Is the Struggle Just Beginning?

Launched in 2020, Shiba Inu (SHIB) rapidly gained popularity as a meme currency drawing a sizable community of dog enthusiasts and crypto aficiones. SHIB started off as a little token at first, but with time it has become something far more. Shiba Inu debuted ShibOS, a fresh blockchain-based operating system meant to enable developers to create scalable, safe programs for various uses last week. For SHIB, this is a significant advancement since ShibOS comprises 36 separate sections where developers may create different kinds of apps.

SHIB price has been suffering even with this interesting news. Currently valued at $0.00001811, SHIB dropped 11.52% in one day following a sideways move last week. Its pricing is down 20.55% as compared to last month. Following a significant support level of $0.00002, SHIB sank Monday to a new monthly low.

Many investors are observing to see if SHIB might turn around. Although the release of ShibOS could stimulate long-term development, the SHIB price currently faces difficulties on the market. Would this fresh development enable SHIB to climb once more? Only time will tell.

PEPE’s Price Surge: Is It the Next Big Meme Coin?

Ethereum-based meme coin PEPE is displaying indications of a major breakthrough. PEPE dropped from its maximum price of $0.000028 and then recovered to be trading above $0.000017, a crucial mark that analysts think could drive it further higher.

PEPE's trading volume has lately surged about three times above SHIB price activity. Many investors have taken note of this; some analysts estimate PEPE may reach a $50 billion market valuation,  its price might climb to $0.0001192, a 6.8x boost from its present level.

PEPE's future success, meanwhile, hinges on its ability to maintain this pace. Although its recent price recovery points to robust support, it will have to keep high trading volume if it is to keep expanding. Many meme currency enthusiasts are closely observing it to see whether it can remain in the front of attention.

SHIB price is $0.00001811 and is having trouble catching ground. Given PEPE's explosive growth, some investors are questioning whether it will be the next major meme currency to take front stage.

Remittix Is The Best Coin to Buy Now for Easy and Cheap Money Transfers

One of the most interesting new cryptocurrencies platforms is Remittix since it emphasizes actual enterprises that might threaten established banking giants. Remittix intends to solve issues in the enormous $190 trillion money transfer sector by combining contemporary blockchain technology with standard banking processes.

Remittix revolves around the RTX token, which individuals can stake, vote on choices, and collect rewards from. Its value is rapidly rising given only 1.5 billion RTX tokens are available. RTX is currently selling for $0.0539 in its presale; experts estimate its value will increase 25x not too far ahead. 

Remittix's ability to help users turn over 40+ cryptocurrencies into real money is among its main benefits. With no hidden fees and less than banks, users may send money to any bank account anywhere practically instantaneously. The Remittix Pay API lets companies accept crypto payments and settle them into ordinary money as well. Remittix provides a better, faster, less expensive alternative to payment apps like Stripe, Wise, or crypto-only Coinbase Wallet.

Remittix facilitates worldwide trade with support for thirty plus FIAT currencies and fifty plus cryptocurrencies. Remittix RTX guarantees recipients get the whole amount using a flat-fee approach unlike banks charging hefty fees and negative currency rates.

Although the SHIB price is now $0.00001811 and has declined recently, many investors are seeking better prospects. RTX is therefore becoming more and more popular as the Best Coin to buy right now since it has practical value and great expansion capacity. Remittix might be the next major crypto winner while SHIB battles.

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

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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