XRP Rival Remittix Has Potential To Rally From $40M Market Cap Into The Billions Like Shiba Inu In 2021 

The meme coin space has been the most affected by the recent market correction, and Shiba Inu (SHIB) is one of the top losers.

For a token with an illustrious history of upticks, SHIB has fallen almost 50% from the December high, and now analysts are weighing its chances of recovering. Due to this intense sell-off, altcoin whales have already shifted into what they believe will be the next crypto to 100x, Remittix ($RTX).

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While recent political transitions and the resignation of SEC chairman Gary Gensler have seen Ripple (XRP) reach a new all-time high, analysts still believe that this regulatory ease might not be enough to see Ripple outdo the potential of the new Remittix crypto. 

Remittix has witnessed a significant capital influx in its ongoing presale, already raising over $9.5M. Its price has surged and still promises 800% growth by the end of the presale. 

Experts see $RTX delivering a further 50x surge in 2025 for early adopters.

Shiba Inu (SHIB) Price Analysis

Shiba Inu (SHIB) continues to battle selling pressure and is underperforming compared to other top altcoins or its previous success. This meme coin recently saw its value fall to $0.00001727, marking its lowest level since November 6. Last week’s Shiba Inu (SHIB) dip broke a long-term ascending trendline, formerly serving as solid support. With this breakdown, analysts see a bearish trend that could continue for many months.

Meanwhile, the Shiba Inu (SHIB) burn rate has increased by 360% in the past 24 hours, permanently expunging millions of SHIB tokens from circulation. The burning mechanism seeks to initiate scarcity and strengthen Shiba Inu’s value over time by decreasing the supply. Yet, despite these efforts, the Shiba Inu price has continued its downtrend. 

XRP Price Prediction

After 10 days of trading in a tight flag pattern, the XRP price witnessed a breakdown, plunging to a low of $2.65 in the past week. This breakdown marked a buying recovery from the earlier breakout range of $2.80. However, according to Ripple latest news,  XRP price is still trading above the 50-period moving average, which indicates that its short-term direction is positive. Plus, many top cryptocurrencies are also witnessing a strong bearish outlook, and the XRP price has managed to recover above the $3 price level.

With more bullish pressure, the XRP price could retest the resistance level of $3.15. But with another bearish momentum, the XRP price could plunge to $2.50. Ripple latest news reports that the coming months will be highlighted by the Ripple vs. SEC case, deciding the XRP price trajectory and leaving the crypto prediction in uncertainty.

Remittix (RTX): “XRP 2.0” Set to Rally from $40M Market Cap

Praised as the “XRP 2.0,” Remittix (RTX) is a PayFi project focusing on cross-border payments, rivaling Ripple’s early mission with XRP. Regardless, Remittix has plans to avoid legal challenges or heavy banking alliances by providing consumer-friendly solutions. Rather than needing significant partnerships, Remittix delivers a PayFi model for near-instant crypto-to-fiat conversions. By taking out hidden fees and multi-step conversions, the new crypto has already attracted investors in droves, raising over $9.5 million in its early presale stage.

Remittix simplifies cross-border remittances and transactions for everyday users, allowing them to move funds cheaply and within 24 hours. Such a definite use case appeals to large holders wanting sustained profits. 

Market watchers say Remittix might outperform Shiba Inu’s 2021 high by attracting mainstream crypto industry attention with an offering beyond memes. That explains why large SHIB holders now see Remittix (RTX) as “XRP 2.0,” tipping it as the next crypto to 100x, taking over the crypto market, and outperforming top competitors.

Join now by checking out the presale on their website:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.