
Shiba Inu news continues to dominate as Shiba Inu (SHIB) faces a sell-off and increasing whale activity. Meanwhile, Remittix (RTX), a rising star in the crypto world, is quickly becoming a top pick for early retirement portfolios. With over $18.1 million raised from more than 581 million tokens sold, now priced at $0.0895 each, Remittix is gaining momentum due to its real-world use cases in cross-border payments and growing popularity.
Shiba Inu has experienced a surge of 12,887% in whale outflow in the last 30 days. Although this percentage is dramatic, it is worth noting that this is largely because of the low base of outflows to start with, and it is more of a portfolio rebalancing than it is panic selling. It would not necessarily be the case that this high increase in outflows suggests a market-wide panic.
The Shiba Inu price had been rejected at the level of the price of $0.0000125 and reversed its bullish trend. At the moment, Shiba Inu is being traded close to short-term support, at $0.0000122, and has a declining RSI at 40. Deteriorating volume is continuing to weigh on the price, indicating hesitation among investors.
Provided that Shiba Inu fails to maintain this support level and keep witnessing the exits by whales, this can result in additional downside. Investors are advised to monitor the price of Shiba Inu to determine whether the trend will be reversed or if more losses will be incurred by Shiba Inu.
With Shiba Inu faltering, Remittix (RTX) is surging under the radar as one of the best cryptos to buy now in order to grow in the long run. Remittix is also aimed at finding solutions to real-world problems related to global payments, providing cheap, quick, and safe crypto transfers. Remittix has a novel idea about cross-border payments, which makes it an eye-catching player in the payments sector. The following are six reasons why Remittix is special:
Global coverage: Transfer crypto to bank accounts in 30+ countries
Supports more than 40 cryptos and 30+ fiat currencies
Low transaction charges that suit both businesses and individuals
Real-time FX conversion at transparent, competitive rates
Safe transactions: CertiK audited transactions at the highest level of security
These characteristics represent Remittix as a good investment opportunity, which can be more successful than other tokens in the market. The implementation of the cross-chain DeFi project solutions and mobile-first experience make Remittix one of the most promising competitors in the payment sphere.
Because Shiba Inu is under pressure and it is possible to lose, Remittix is gaining momentum gradually. Having a real utility in cross-border payments, Remittix is rapidly expanding and might soon surpass Shiba Inu in a few years. With its cheap crypto transfer, safe infrastructure, and scalability, it is an ideal choice for long-term development; thus, Remittix is one of the most appropriate long-term crypto investments.
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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