Ethereum's 65% Surge Lifts SHIB 28% and RTX 400%

Ethereum has experienced a significant surge in the past month, with its price climbing approximately 65%. This upward trend has had a ripple effect on other cryptocurrencies, notably Shiba Inu (SHIB) and Remittix (RTX). Shiba Inu has seen a gain of around 28%, while Remittix has skyrocketed by over 400% since its launch. The presale of Remittix tokens is ongoing at $0.0757 per token, attracting considerable attention as a potential game-changer in the crypto space. The rise of Ethereum is clearly lifting other cryptocurrencies, including SHIB and RTX, along with it.

Ethereum's impressive 65% surge over the last 30 days, with a 12% gain in the past week alone, has sparked renewed interest in the cryptocurrency market. Ethereum's market cap stands at a solid $24.37 billion, reflecting its strong position in the blockchain world. Over the past decade, Ethereum has evolved from a simple smart contract platform into a comprehensive ecosystem supporting entire digital economies. The platform is now pushing forward with its Trillion Dollar Security Initiative, aimed at protecting trillions of dollars in digital assets. This initiative is not just about security; it is about building trust and stability for users and institutions, making Ethereum the go-to platform for both small and large on-chain holdings.

Among meme coins, Shiba Inu (SHIB) is one of the top three gainers, with a 28% increase in the last 30 days. However, over the past seven days, SHIB has only seen a 0.5% increase, indicating a loss of momentum. The coin is now holding steady at a new support level around $0.00001500. The recent price surge was accompanied by a rise in trade volume, signaling strong buying pressure. Since then, Shiba Inu Coin has entered a corrective phase, giving back about half of its recent gains. This is not necessarily a negative sign, as the coin is retesting its breakout level near the 200 EMA, which it reclaimed during the rally. The 50 EMA's sharp upward angle confirms medium-term optimism, with the recent volume drop pointing to profit-taking rather than panic.

While Ethereum and Shiba Inu are garnering attention, Remittix is addressing a significant issue in cross-border payments. Remittix allows users to convert over 40 cryptocurrencies into fiat and send the money directly to global bank accounts quickly and cheaply. Remittix Pay is designed for everyday use, enabling businesses to accept crypto and settle in fiat across 30+ currencies with 50+ crypto pairs supported. The merchant dashboard provides full control over conversions and payouts, bridging the gap between crypto and fiat like no other platform. Unlike competitors such as Stripe or Wise, Remittix handles crypto-to-bank transfers with flat fees and instant settlement. The platform aims to capture a portion of the $250 trillion cross-border market by 2027. The RTX presale has already raised $15 million, selling two-thirds of available tokens, with a $250k giveaway fueling excitement. Priced at $0.0757 now, some predict Remittix could soar to $1 this year, making it a cryptocurrency to watch closely.

In conclusion, the surge in Ethereum's price, along with the steady climb of Shiba Inu and the rising activity of Dogecoin, indicates strong market movements. However, Remittix is stealing the spotlight with its over 400% gains and innovative crypto-to-fiat payment solutions. With over $15 million raised and growing buzz, Remittix presents an opportunity for early investors to get involved before it takes off.