Shiba Inu Struggles To Sustain Momentum As Holders Seek Altcoins Like Remittix With Real Utility

It's been a tale of woe and anguish for Shiba Inu token holders in the ongoing bull market as the token has failed to find its footing yet. The entirety of the bull market has been marked by poor price action in the SHIB price, depreciating returns, and an overall failure to meet expectations. As one would expect, the culmination of all these issues has triggered selling pressure among Shiba Inu holders, as the need to diversify or face liquidation becomes more glaring. 

One option analysts and crypto experts are propping up to investors looking to diversify their portfolios in the ongoing bull market is RTX, an upcoming payments token. Native to the Remittix project, RTX is set to play a massive role in an ecosystem set to transform global payment experiences. 

Inconsistency in SHIB Price Could Drive Investors Away: Analysts

From the current state of affairs in the crypto market, Shiba Inu, which was once the pride of the meme coin sector and a beloved meme coin giant, could find itself at the bottom of the pool by the time the ongoing bull run ends. According to crypto analysts and experts, the overwhelming inconsistency in the SHIB price in this cycle could drive investors away from the token. Probably for good if something doesn’t change soon. 

Throughout the ongoing bull market, analysts have remarked on the sudden change in investor nature, with more whales prioritizing newer verticals, such as payments, over tested and trusted narratives like meme coins. Due to this, they’ve offered the most common advice known to man: follow the money. 

As a result, upcoming tokens, such as RTX, have emerged as valid options for investors heading into the peak period of the bull market.

Remittix Crosses $24 Million in Presale as Token Generation Event Draws Closer

Fans and supporters of Remittix, the upcoming PayFi project that analysts believe could transform the global payments sector, will undoubtedly be filled with joy and anticipation when they hear the latest news. In not-so-surprising fashion, Remittix has crossed the $24.4 million mark in its ongoing presale, bringing it ever so slightly closer to the token generation event of its RTX token. 

Remittix has caught the eye of crypto analysts in the industry, thanks to its potential to transform the global payments scene by providing new gateways to move money faster and easier. Some of the project’s features include: 

• Direct crypto-to-bank transfers in over 30 countries worldwide

• 20% referral rewards for onboarding new users 

• Support for 40+ cryptocurrencies and 30+ fiat currencies

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