Shiba Inu is Poised For a Potential Breakout, As It Forms a Bullish Pennant Pattern

The meme coin sector got a boost mid-January with the TRUMP coin launch, but most of the top memes crashed due to the hype around the new token. Now, crypto news is peddling something different for individual meme coins, as the Shiba Inu price is getting bullish predictions.

DeFi will always have the traders' hearts and Remittix is more than your regular DeFi token. An amazing presale and a project filled with various utilities is what most users are signing up for.

Get ready for the RTX presale!

Shiba Inu Token: A Revival

The SHIB token has repeatedly struggled to make it up to crypto users’ expectations, mainly because the token was the star of the show in 2021. After immense price spikes like that, everyone thought Shiba Inu had a stellar project loading.

If it was a stellar project at all, the negligence of the SHIB team post-launch was enough to send the token crashing down. And it did crash until the community saved the token in late 2022.

The community instituted a number of changes, sparking the creation of an L2 chain, and, more importantly, the token-burning policy. With token burning, the Shiba Inu price has been fairly constant in the past two years. Maybe it's not the best crypto coins to buy, but SHIB went as stable as a meme coin could.

Shiba Inu price: Bullish Days Ahead!

Token burning has saved the SHIB token repeatedly in the past few years. A spike in the rates at which the tokens burn is often enough to cause a price spike, particularly when the SHIB price should be trading in negative reverse. 

Now, the Shiba Inu ecosystem burnt 1.1 billion tokens on the last day of January. There was a 7,240% spike in the burn rate and it was in celebration of the ShibTorch V2, a better token-burning portal for the Shiba Inu coin.

The upgrade to the burn portal will bring more security to the platform and increase community engagement. With the Shiba Inu price already heading for its $0.000020 resistance, the users can almost hope again. 

The SHIB price is in line for new surges. As for the best crypto coin to buy, the new presale token Remittix (RTX) is standing by to take your calls.

Why Remittix? PayFi, Utility, and Appeal!

The DeFi sector is filled with slower-moving tokens that have less frequent spikes to drive the profits some scalp traders expect. On the flip side, their appeal is in the long-term potential and their often more stable pricing.

It is, therefore, a huge steal when you get a DeFi coin that offers both meteoric price spikes and long-term potential. Remittix might be that token, especially as its presale keeps pulling the numbers. Even now, the event has pulled in over $10.5 million, and none of the traders are looking to stop accumulating RTX. 

Remittix is a PayFi revolution waiting to unfold, and, this time, the revolution is of the regular crypto folk. Instead of offering utility to the big crypto platforms and banking institutions, Remittix simplifies fiat transactions for crypto users. 

On Remittix, you can make your fiat payments using crypto assets directly from your crypto wallets, and without leaving the crypto-verse too. It is optimal for traders, ensuring that the gas and power bill payments don't interfere with your chart monitoring.

The presale information is all the drive you need to get on the Remittix train.

Conclusion

The Remittix price has been surging consistently in the past two weeks, rising from $0.019 to the current $0.0521. That's some surge, even for a presale token, and with $10.5 million raised already, Remittix seems to be rather solidly on traders' radars.

It's never too late to get on a presale, and for Remittix, the best time is now. Buy, hold, watch–the PayFi revolution is underway!

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

Website: https://remittix.io

Socials: https://linktr.ee/remittix