Crypto Watch: Pengu and Shiba Inu Face Declines, While Remittix Eyes a 700% Surge

Uni24.co.za

   
Crypto NewsStudent ReadsEditor's Pick
Online CoursesBursaries for January 2025Uni Application Guides

Crypto Watch: Pengu and Shiba Inu Face Declines, While Remittix Eyes a 700% Surge

Is RTX the Next Big Thing in Crypto?


Market Outlook: Memecoins Struggle While Innovation Thrives

The cryptocurrency market in 2025 continues to shift as Pudgy Penguins (PENGU) and Shiba Inu (SHIB) face potential declines of up to 50%. Meanwhile, a newcomer, Remittix (RTX), is capturing attention with its ambitious vision for global payments. Experts predict RTX could skyrocket by over 700% before the end of January, making it a contender for the year’s most lucrative investment.


Pudgy Penguins (PENGU): A Struggle to Regain Momentum

PENGU, trading between $0.0576 and $0.1113, is stuck in a challenging downtrend. Despite being oversold with a Relative Strength Index (RSI) of 24, buyer interest remains low. The coin is battling strong resistance at $0.1467, and its Simple Moving Averages (SMA) suggest poor investor confidence.

Without a significant influx of new investors or positive news, PENGU risks being left behind as the market progresses. A target of $0.042 remains overly ambitious under current market conditions.


Shiba Inu (SHIB): Key Support Under Threat

Shiba Inu (SHIB) hovers near its 200-day Exponential Moving Average (EMA) at $0.000021, a critical level that may signal recovery or further decline. Falling below this support could trigger a 25% drop, potentially bringing SHIB’s price to $0.000016.

Key Indicators:

  • On-chain data shows many SHIB holders at a loss between $0.000021 and $0.000024, creating selling pressure.
  • The Awesome Oscillator (AO) remains negative, indicating weak purchasing interest.

If SHIB manages to surpass resistance levels, a recovery to $0.000033 is possible, but the token faces a challenging path forward.


Remittix (RTX): Revolutionizing Global Payments

Amid memecoin struggles, Remittix (RTX) emerges as a beacon of innovation, redefining cross-border transactions with blockchain technology.

What Makes RTX Stand Out?

  1. Cost-Effective Transactions: Flat 1% fees and no foreign exchange costs.
  2. Crypto-to-Fiat Integration: Automatic conversion of cryptocurrency to fiat, deposited directly into bank accounts.
  3. Business Solutions: The Remittix Pay API enables companies to accept crypto payments effortlessly, breaking down technical barriers.
  4. Massive Market Potential: Competing in the $250 trillion cross-border payment sector, Remittix outpaces rivals like Stripe and Wise with superior speed, scalability, and affordability.

Presale Success:

  • Priced at just $0.0207 during presale, RTX offers early investors a chance to capitalize on a project set for explosive growth.
  • Audited by BlockSAFU, ensuring security and transparency.

Conclusion: Is Remittix the Smart Bet?

While Pengu and Shiba Inu face steep challenges, Remittix (RTX) is poised for transformative growth. By combining cutting-edge blockchain technology with user-friendly solutions, RTX is positioned to disrupt the global payment landscape.

With a projected 700% surge by month’s end, RTX could be the standout crypto investment of 2025.

Discover More About Remittix:

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.

Join the Rhapsody Prayer Network
Join the Rhapsody Influencer Network
Prayer of Salvation
Read Today's Rhapsody

 

Read rhapsody of realities daily devotional

Rhapsody of Realities is a life guide that brings you a fresh perspective from God’s Word every day. It features the day’s topic, a theme scripture, the day’s message, the daily confession and the Bible reading plan segment. It is God's Love Letter to You!