The second quarter of the year has started officially, and the crypto market may already be showing signs of recovery. Shiba Inu is sporting a decent uptrend on the weekly timeframe, although it has not been enough to offset its seven-day losses.
On the flip side, bullish or bearish markets do not affect the Remittix platform at all. The project’s utility doesn’t depend on the trends in the crypto market, as Remittix is simply building a crypto withdrawal system that users can trust.
The PayFi token is set to overtake the top exchanges as traders’ favourites for crypto-fiat transfers. Watch out for the Remittix presale.
The Shiba Inu token is one of the top meme coins in the crypto market based on market capitalization, but SHIB has fallen out of favour with traders in the past three years.
In fact, since its blistering run in 2021, Shiba Inu has scarcely embarked on serious price rallies. And now, even the Shiba Inu holders’ best efforts to sustain the token legacy are only keeping the SHIB price afloat.
SHIB fell last week after spiking to $0.000015, dipping as low as $0.000012 before stabilizing. The token has been unable to attract enough traffic to keep its gains from price surges, and that’s Shiba Inu’s greatest obstacle.
The market correction, coupled with inadequate network activity on Shiba Inu, have left the token grappling for profits. It might be onto new uptrends this week, but only few Shiba Inu holders will be putting their trust in the meme coin.
Market data shows that Shiba Inu’s RSI ratings are closing in on oversold territory, meaning that a price reversal could be in the cards. Still, the token has only just lost another key support level at $0.00001230, and a further dip is not out of the possibilities for the Shiba Inu price this week.
Q2 might offer fresh momentum for the SHIB token, but without activity and traffic to sustain it, there is not much hope for the Shiba Inu price. Instead, Shiba Inu holders are better off investing their funds in a new project that doesn’t need the crypto market trends to make profits.
From all indications, that would be Remittix (RTX).
The new Remittix project is one that intends to bridge the gap between crypto and fiat financial systems, especially when it comes to transfers between the two. Crypto users will be able to send their funds directly into fiat accounts through Remittix, all at drastically reduced costs and with no risk of discovery.
The steps are straightforward, too. First, users will input the details of the recipient bank account into the Remittix API, then add the amount of crypto assets they want to send. After the user pays gas fees and approves the transfer, the smart contracts on Remittix convert the cryptos into the appropriate fiat currency and resolve the transaction in the bank account.
With this utility, Remittix opens doors to crypto tokens being used directly for payment, instead of having to liquidate them first. The Remittix platform will also increase the rate of crypto adoption globally, as even more online businesses will start to list crypto tokens as payment options before long.
And at the heart of the operation, the Remittix network will see high volumes of transactions daily, as users will be actively using the platform. It’s only a matter of time before RTX tokens become one of most demanded tokens in the crypto-verse.
Now’s the best time to buy into Remittix stocks!
Remittix’s presale has realised over $14.3 million in the past three months, indicating the appeal its feature carries. Traders want to get RTX tokens before they get too costly, and investors are in for the gains.
The tokens cost $0.0734 at the moment, with potential for presale ROI, but the 130x returns are what everyone is waiting for.
Buy your RTX tokens today, and anticipate the returns.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix