Cryptocurrency

Shiba Inu Price Prediction: Have Analysts Found A Coin Set To Replicate SHIB's Famous 2021 Rally?

Written By : IndustryTrends

Shiba Inu price predictions are turning bullish once again after SHIB’s rebound from a devastating 39% drop on its year-to-date chart sparked a wave of excitement among SHIB holders. With SHIB now changing hands at $0.00001431, onlookers anticipate an uptick that could see the dog-themed meme coin surpass its 2021 surge of over 1,600%.

Apart from Shiba Inu (SHIB), analysts are also watching Remittix's RTX token, which is projected to surge 3,000% at launch thanks to the utility of its PayFi protocol. RTX's presale has raised over $15 million so far.

Shiba Inu price predictions forecast a bullish resurgence

Meme coins are making a comeback, and SHIB is leading the charge with a notable 21.6% uptick in the last month, adding to a bi-weekly surge of 7.7%. While these price increases are nothing compared to SHIB’s 2021 uptick, onlookers are hopeful that their bullish Shiba Inu price predictions will materialize in 2025. 

Shiba Inu’s network has grown steadily over the years despite SHIB’s volatile price swings. With SHIB now emerging from a prolonged downturn, analysts and their Shib Inu price predictions have set their bullish targets as high as $0.000033. That would be an uptick of over 100%, but traders are also warned to be watchful of imminent reversal points as SHIB confirms lower support zones.

However, even though SHIB has demonstrated signs of a bullish breakout, its market has barely started to rally. There is still a long-term bearish pattern that SHIB has to go through before a leg up. SHIB’s price movements have formed a dominant trendline that will impact Shiba Inu price predictions once SHIB reaches the $0.000029 zone.

The descending trendline goes as far back as September 2021 and will be a significant milestone for SHIB to overcome.

What’s even more interesting is that SHIB’s price has made several failed attempts to pierce through this descending trendline that is now forming around the $0.0000250 zone.

SHIB needs a massive breakout and favourable fundamentals to breach this hurdle. At the moment, the bears are dominating SHIB’s price movement, as seen by SHIB’s year-to-date decline of 41%.

Remittix’s RTX uptick could overshadow even the most bullish meme coin

As Siba Inu price predictions forecast an upcoming uptick, Remittix's RTX is primed for a meteoric rally, especially now that its presale has raised over $15 million in a brief spell. Remittix is an emerging PayFi protocol on a mission to reinvent cross-border payments.

Unlike meme coins that thrive on community adoption, Remittix is targeting global mass adoption in an industry whose valuation is projected to be worth over $250 trillion by 2027. Cross-border payments are about to get simpler, affordable, and easily accessible for the masses thanks to Remittix.

Remittix's cross-border payment network enables crypto holders to send funds directly from their crypto wallets into a recipient's bank account. The transaction is fast, seamless, and affordable, and it comes at a flat fee with zero hidden costs.

Recipients only get a bank transfer without ever knowing that the transaction originated from a crypto wallet. With Remittix's support of over 30 fiat currencies and 40+ cryptocurrencies, including stablecoins, users are guaranteed variety and flexibility while using the platform. There is also a PAY API that facilitates crypto-to-fiat money transfers for businesses.

RTX’s ongoing presale has sold over 90% of RTX’s 50% allocation of 1.5 billion tokens. With RTX now priced at $0.0757 and the next stage of the presale set to see the price increase to $0.0781, analysts urge onlookers to jump in now before RTX’s launch.

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

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