Latest news with #Remittix
Yahoo
5 hours ago
- Business
- Yahoo
Shiba Inu Eyes Monthly Gain Despite 8% Price Loss
Shiba inu (SHIB), the world's second-largest memecoin, has had a rough week. Still, the cryptocurrency appears on track to register a double-digit monthly gain. SHIB fell to $0.00001263 early today, the lowest since July 10. Prices are down nearly 9% for the week, with a loss of over 2% in the past 24 hours. The weakness is consistent with the mood seen in the memecoin sector. The CoinDesk Memecoin Index (CDMEME) has declined by 10% in seven days. Price volatility in SHIB aligns with broader shifts in the crypto market, as policy uncertainty reshapes digital asset allocation. The token's failure to rally despite aggressive burn programs underscores investor preference for utility-driven projects over pure speculation plays. Key AI insights SHIB plunges 2.28% from $0.000013107 to $0.000012809 during a 24-hour window ending July 30, 14:00 The burn mechanism destroyed 600 million tokens in a single session, marking a 16,710% surge in destruction rate Competitors BONK, PENGU, and utility-driven Remittix capture trader flows as SHIB loses meme coin leadership. Technical Levels Price dropped 2.28% from $0.000013107 to $0.000012809 across the 24-hour period. Trading bandwidth spans $0.0000005215, equivalent to 4.12% of the total range. Resistance capped advances at $0.000013184 with rejection during the 17:00 session. Support emerged at $0.000012663, backed by 1.25 trillion token volume. The downtrend intensified after 10:00 on July 30, with consecutive lower peaks. Late-session bounce delivered a 0.25% gain in the final trading hour. The volume explosion reached 43.5 billion tokens during the 13:57-13:59 rally phase. The three-wave pattern emerged: consolidation, distribution, then short-covering. Bullish hints SHIB's monthly price chart shows the token is likely to end July with an inverted hammer candle as it looks to bounce from year-to-date lows. An inverted hammering appearing after downtrend or at market lows indicates that buyers attempted to push the price significantly higher during the period, but sellers ultimately overpowered buyers, pushing prices back down to near the opening price. However, the sheer presence of the long upper shadow indicates that buying interest is re-emerging at these low levels, hinting at potential bullish reversal higher.
Time of India
a day ago
- Business
- Time of India
Dogecoin: Is it the future of global payments?
Synopsis Dogecoin's resurgence is fueled by increased whale activity and tightening supply, sparking debates about its payment scalability against emerging rivals like Remittix. Remittix, a DeFi project focused on cross-border transfers, has raised over $17.6 million and plans a wallet beta launch in September 2025.
Economic Times
a day ago
- Business
- Economic Times
Dogecoin: Is it the future of global payments?
Advertorial Spotlight Wire Dogecoin is back in the spotlight as global payments talk heats up. Recent Dogecoin news points to rising whale activity and tighter supply, while analysts compare payment use cases with emerging rivals. Many traders now watch Remittix in the introduction to this debate, since the Remittix decentralised finance (DeFi) project has raised over $17.6 million by selling 574 million tokens at $0.0876 each and is pitched as crypto with real utility and low gas fees. Dogecoin payment case: Can it scale? Source: Kamran Asghar on X Dogecoin news shows large wallets grew holdings from 49.26 billion to 50.79 billion DOGE during July's push, then held about 50.54 billion even as the price cooled to the low $0.20s. More Dogecoin news highlighted heavy exchange outflows above $20 million, which often means holders plan to keep coins off the markets. Technically, Dogecoin cleared a double bottom at $0.23 with a Golden Cross and a measured target near $0.418 if momentum holds. In other Dogecoin news, the 0.28 zone remains the key ceiling. If volume returns, Dogecoin could test that level again. Traders scanning the next 100x crypto lists still track DOGE because deep liquidity keeps spreads tight and execution smooth. As Dogecoin news cycles churn, some payment-focused investors are rotating to Remittix, a new altcoin to watch that targets cross-border transfers and everyday spend. The pitch is simple: low gas fee crypto, fast confirmation, and tools aimed at real users. The wallet beta launches on September 15, 2025, with full crypto wallet functionality, and the team frames RTX as a cross-chain DeFi project built for scale. Here is how that story ties into the key product pillars below: Over $17.6M raised with 574M RTX sold at $0.0876 Wallet beta goes live on 09/15/2025 with full wallet features Focus on low gas fees and high throughput for daily payments Built as a cross-chain framework for wider reach and speed Clear buyer flow tools make it easier to buy RTX tokens across venues What this means for the next altcoin wave For payments, utility matters. Dogecoin benefits from brand power and liquid markets. Remittix pushes a product-first path that appeals to users who want crypto to solve real-world problems. In a market hunting low-cap crypto gems, high-growth crypto, and DeFi projects in 2025, both names will stay on radars. If adoption drives fees and usage, the next big altcoin in 2025 may be the one that turns everyday transfers into a habit. Keep your watchlist balanced with cross-chain tools, new altcoin ideas, and the crypto to buy now that offers more than hype. Discover the future of PayFi with Remittix by checking out their project here: Website: Socials: Contact details Name: Remittix E-mail - support@ You must be at least 18 years old to access this site. Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
Yahoo
a day ago
- Business
- Yahoo
Shiba Inu Eyes Monthly Gain Despite 8% Price Loss
Shiba inu (SHIB), the world's second-largest memecoin, has had a rough week. Still, the cryptocurrency appears on track to register a double-digit monthly gain. SHIB fell to $0.00001263 early today, the lowest since July 10. Prices are down nearly 9% for the week, with a loss of over 2% in the past 24 hours. The weakness is consistent with the mood seen in the memecoin sector. The CoinDesk Memecoin Index (CDMEME) has declined by 10% in seven days. Price volatility in SHIB aligns with broader shifts in the crypto market, as policy uncertainty reshapes digital asset allocation. The token's failure to rally despite aggressive burn programs underscores investor preference for utility-driven projects over pure speculation plays. Key AI insights SHIB plunges 2.28% from $0.000013107 to $0.000012809 during a 24-hour window ending July 30, 14:00 The burn mechanism destroyed 600 million tokens in a single session, marking a 16,710% surge in destruction rate Competitors BONK, PENGU, and utility-driven Remittix capture trader flows as SHIB loses meme coin leadership. Technical Levels Price dropped 2.28% from $0.000013107 to $0.000012809 across the 24-hour period. Trading bandwidth spans $0.0000005215, equivalent to 4.12% of the total range. Resistance capped advances at $0.000013184 with rejection during the 17:00 session. Support emerged at $0.000012663, backed by 1.25 trillion token volume. The downtrend intensified after 10:00 on July 30, with consecutive lower peaks. Late-session bounce delivered a 0.25% gain in the final trading hour. The volume explosion reached 43.5 billion tokens during the 13:57-13:59 rally phase. The three-wave pattern emerged: consolidation, distribution, then short-covering. Bullish hints SHIB's monthly price chart shows the token is likely to end July with an inverted hammer candle as it looks to bounce from year-to-date lows. An inverted hammering appearing after downtrend or at market lows indicates that buyers attempted to push the price significantly higher during the period, but sellers ultimately overpowered buyers, pushing prices back down to near the opening price. However, the sheer presence of the long upper shadow indicates that buying interest is re-emerging at these low levels, hinting at potential bullish reversal in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
2 days ago
- Business
- Time of India
Cardano targets $3, solana eyes $500 but only one token Is being touted for 50x gains in 2025
Cardano and Solana are back in the spotlight with ambitious price targets. Cardano's new targets suggest ADA could retest its all-time high of $3, while Solana updates show traders eyeing $500. But despite the buzz, only one token is consistently being mentioned as a serious 50x candidate in 2025, and that's Remittix (RTX). Cardano New Targets Reinforce Bullish Momentum Cardano's new targets are climbing fast as analysts highlight a strong bullish setup. Ivan on Tech believes ADA could surge vertically, revisiting its $3.09 all-time high. Data from TradingView supports this outlook, with most short and long-term moving averages showing buy signals. Cardano's technical structure remains healthy. It is trading above $0.83, holding key support zones near $0.78, and forming a symmetrical triangle that could resolve upward by the end of the month. source: @Degen_Hardy on X Other experts like Hardy emphasize Cardano's solid network performance. ADA has had zero hacks or downtime in eight years, giving investors confidence in the project's long-term viability. With the next resistance levels sitting at $1.13 and $1.40, Cardano's new targets are firmly within reach if bullish momentum holds. Solana Updates Reveal Sell-Off Pressure and Slowing Momentum Solana updates have been more mixed. After a failed attempt to break $200, Solana has struggled to hold investor interest. The Liveliness metric, which tracks long-term holder activity, recently spiked. This signals large-scale selling from investors who had previously held SOL for months. Adding to the concern, Solana saw a loss of 1.4 million new addresses in just two days. This drop in new users points to fading interest from retail investors. When fewer wallets are joining the network, it becomes harder to sustain bullish growth. source: glassnode While whales continue to move big amounts, like the recent $3.19 million VINE token buy using 17,000+ SOL, overall market sentiment for Solana is cooling. For now, Solana updates suggest the token may need time to rebuild momentum. Remittix: The Token Quietly Positioned for 50x Growth While ADA and SOL dominate headlines, Remittix is gaining serious attention behind the scenes. With a real-world use case in payments, a growing user base, and a major milestone on the way, RTX is being considered one of the best crypto investments. The Remittix wallet beta launches on September 15, 2025, allowing users to send crypto to bank accounts in over 30 countries. Freelancers, startups, and e-commerce sellers are already turning to Remittix to bypass high fees and long wait times from traditional banks. Remittix is gaining ground as the most practical token of 2025, and here's why: Wallet beta goes live September 15 with full payment features $17.6M+ raised and over 572M tokens sold 50% token bonus still available Cross-border payment rails are already active $250,000 Remittix Giveaway creating massive buzz Whether you're looking for crypto solving real-world problems, low gas fee crypto projects, or early-stage crypto investments, Remittix stands out. Final Word: Which Token Will Deliver the Bigger Move? Cardano's new targets suggest a return to $3 is possible. Solana updates show the road to $500 may take longer. But only Remittix is being touted as a serious 50x opportunity. With product milestones, real-world adoption, and momentum building every day, RTX could be the top altcoin to watch. Discover the future of PayFi with Remittix by checking out their project here: Website: Socials: $250K Giveaway:
