Shiba Inu and Dogecoin whales are flocking to Remittix (RTX) at a price of $0.07, expected to surge by 15,540% in the coming weeks.
The recent explosive presale of Remittix (RTX) undoubtedly highlights a reality: large-scale cryptocurrency holders are choosing tokens with real-world applications.
Has RTX positioned itself on a path to potentially catch up with the massive price explosion of meme coin giants?
As the number of whales sharply declines, Shiba Inu's days are becoming increasingly difficult. Recent on-chain statistics show that whale inflows have dropped by 85% within a week. Traditionally, large shareholders have played a significant role in the performance of the SHIB market.
Such a significant drop indicates a weakening of confidence among large investors, raising doubts about the prospects of a SHIB recovery. Over the past 30 days, whale activity has decreased by 32%, and over the past 90 days, it has recorded a staggering decline of 80%.
With decreasing support from institutions and large retail investors, the speculative appeal of Shiba Inu is rapidly diminishing. Those looking to bet on more rewarding and safer growth opportunities are now inclined to choose alternatives like Remittix.
Driven by market optimism, Dogecoin is expected to exhibit a parabolic trend, once again becoming the focus of traders. A cryptocurrency expert points out that Dogecoin's current price movement is similar to the significant price increases seen during the 2017 bull market.
These trends suggest that if past cycles repeat, DOGE could reach $1.1 by early June. Technical indicators such as the 200-day Simple Moving Average (SMA) also support this possibility, as DOGE has previously shown strong rebounds from that support level.
RTX: A token expected to bring massive returns
The trend of shifting from speculative meme coins to utility-driven projects like Remittix is steadily gaining momentum. SHIB is struggling with declining whale interest, while DOGE relies on uncertain market cycles, whereas Remittix offers clear value in addressing everyday financial challenges.
Given its solid fundamentals and sustained interest from large cryptocurrency holders, Remittix's market performance could quickly surpass that of meme coins.
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