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The SHIB price has captured attention once again, as speculation over whether Shiba Inu could ever reach $1 continues to swirl. Analysts widely agree that the odds of SHIB hitting such a milestone are extremely slim due to its massive token supply. While the SHIB price struggles to maintain upward momentum, another rising token, Remittix, is quietly stealing the spotlight. Remittix has raised over $20.4 million from the sale of more than 610 million tokens, now priced at $0.0969 each, and with BitMart preparing for its listing, this project is gaining serious traction.
SHIB price has recently failed to stay above its 50-day EMA, falling by 2.46% on Monday and now a further 2% Tuesday. SHIB is risking a downside break of a symmetrical triangle on the charts, and it is supported by the price at $0.00001244. A resounding close below this region may push the price of SHIB to $0.00001166.
Indicators are not in SHIB’s favor either. The RSI sits at 43, leaning bearish, while the MACD has flashed a sell signal, suggesting declining buying pressure. Some analysts believe a bounce could retest the 50-day EMA at $0.00001304, but the path to $1 remains unrealistic. For many traders, SHIB is stuck in a cycle of hype and corrections, making it difficult to deliver long-term growth compared to projects with real-world use cases.
While SHIB price debates dominate headlines, Remittix is being called a viral low-cap gem with actual utility. Designed to target the $190 trillion payments market, Remittix is not just another meme coin; it is a project built to solve real financial problems. With more than $20.4 million raised and a growing base of global investors, the momentum behind this project is undeniable.
Fresh factors fueling the rise of Remittix include:
Strategic rollout of cross-border payment solutions
Over 610 million tokens sold, proving investor demand
Mobile wallet launch planned with real-time currency swaps
Growing whale participation signals confidence
Active community growth driving market buzz
The SHIB price forecast highlights how difficult it is for meme tokens to sustain long-term investor confidence without utility. Meanwhile, Remittix is positioning itself as a serious contender in the payments space, with analysts saying it could become one of the best crypto projects in 2025. With BitMart confirming a listing soon, the token is entering its next growth stage.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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