"Whales Dump SHIB & DOGE for RTX as Altcoin Surges"
Whale transactions have surged for Shiba Inu (SHIB) and Dogecoin (DOGE), but many investors are selling these coins to buy a new altcoin, Remittix (RTX), which is gaining significant attention. While Dogecoin remains strong and Shiba Inu struggles, whales are shifting to RTX due to its real-world use and big growth potential.
Recently, Shiba Inu (SHIB) experienced a significant burn incident, with over one billion SHIB tokens worth $18,832.80 transferred to a "dead address." This burn generated enthusiasm in the Shiba Inu community, as it helps lower the token supply and potentially enhance the price. However, Shiba Inu's price is currently struggling, with a 6.6% drop in the last 24 hours and a 12.11% decline in the last week. This drop is part of a larger market sell-off, with $539 million taken off from crypto assets in liquidations.
Meanwhile, Remittix (RTX) is fast becoming popular as Shiba Inu struggles. This innovative PayFi concept provides underbanked people with a means of sending and receiving money anywhere using cryptocurrencies. Remittix has raised $10.6 million in a few weeks and offers a Pay API that helps companies accept crypto payments and quickly translate them into FIAT currencies, lowering price-related risks. Remittix is presenting itself as a game-changer in the global payments industry, giving financial freedom to those outside the conventional banking system, while SHIB battles with pricing volatility.
Dogecoin (DOGE) has also faced struggles recently, with noticeable price swings. It lost 27.27% in December 2024 and recovered by 21.87% in early January, but then dropped once more to $0.33 by January 28, with the current price at $0.2957. Despite this instability, experts hope that the introduction of a Dogecoin ETF will cause a price surge, guiding DOGE to $15 in the next months. However, many investors are looking for other opportunities, and Remittix (RTX) has caught their attention. This innovative project aims to solve long-standing issues in global payments, offering financial services to those who don’t have access to traditional banks. With 

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