As Bitcoin is making waves with its price movements, much of the meme market is looking up too. Dogecoin and Shiba Inu seem to be locked in a struggle for dominance lately and we have a new PayFi project commanding attention in the spotlight.
Meme coin drama and something from the DeFi scene coming shortly.
Dogecoin Price: Mixed Feelings In DOGE Camp
The DOGE price has been plagued by inconsistent movements for years, but Dogecoin has been remarkably stable this year. Since retaking its support at $0.17 in April, the token has barely strayed downward and some pundits support a surge to $1.25 for Dogecoin.
Yet some analysts fear the worst for Dogecoin in June, as a number of them predict that DOGE is approaching a significant risk of a bearish slump. Technical indicators point to the increasing likelihood of a bearish few days for Dogecoin.
DOGE is currently selling at $0.17 with 9.9% losses in the past week and under close scrutiny from traders and holders.
Shiba Inu Price: Can Whales and Burn Rate Turn The Tide?
Dogecoin may be taking the heat of criticism, but SHIB is not faring much better. Given the competition, Shiba Inu is expected to be hitting bullish trends already, but the token is dealing with selling pressure at the moment.
About 438 trillion SHIB tokens were scooped up at $0.000011 by over 220,000 unique addresses in the past month, according to IntoTheBlock data. Now, most of those investors are hovering around their entry prices, as SHIB is trading at $0.00001153.
With such slim margins, it might be up to the whales and the SHIB burn rate to rescue the token price. Otherwise, a huge selling wave could hit Shiba Inu soon.
Remittix: New Project Look For?
The latest from the new PayFi project is a design preview for the mobile application, Remittix Wallet.
A statement on Twitter/X from the team on May 19, 2025 showed that Remittix (RTX) was rolling out the design for the application while the devs completed the mobile architecture. It’s significant progress from the new PayFi project, as its early adopters could get to use the app in Q3 2025.
The app is built to support token swaps between Remittix and about 40 other crypto coins, while allowing for speedy withdrawal to fiat banks at no charge. The fiat bank integrations are being completed and the full app package is expected to go live after testing later in the year.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article is not intended as financial advice. Educational purposes only.
