Crypto whales are once again stirring interest across markets. Over $8 million worth of Shiba Inu (SHIB) was recently moved from Coinbase to an unidentified hot wallet, fueling speculation of an upcoming rally.
At the same time, Dogecoin (DOGE) has secured its position as the second most favored cryptocurrency after recent ETF filings. However, Remittix (RTX) leads the buzz as its presale has now raised over $26 million.
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Shiba Inu Targets Multi-Year Highs Amid Whale Accumulation
The recent whale positioning saw over $8 million SHIB withdrawn from Coinbase earlier in the day. The move follows a modest pullback from $0.000014. For now, support at $0.000012 is key, while upside goals of $0.000016 and $0.000022 might lead to $0.000032.
Shiba Inu Price Chart | Source: CoinGecko
With Coinbase Futures already listing a “1k SHIB Index,” some analysts believe SHIB is inching closer to ETF eligibility. If such a milestone is achieved, it could represent a massive shift in the token’s adoption curve and price trajectory.
Dogecoin Eyes ETF Approval
Meanwhile, Dogecoin has re-entered the spotlight after Grayscale filed an amended S-1 with the SEC to convert its Dogecoin Trust into a spot ETF. DOGE trades at $0.264, but technical charts suggest a potential breakout to $0.38 if current descending triangle patterns resolve upward.
Dogecoin Price Chart | Source: CoinGecko
The ETF chatter has lifted Dogecoin into a stronger spotlight, positioning it as a serious contender for further institutional exposure. However, despite its popularity, DOGE now ranks as the second-favored option among new retail and presale investors, just behind Remittix.
Remittix Leads as the Top Choice
While Shiba Inu and Dogecoin dominate headlines, both tokens are playing catch-up to a fast-rising contender: Remittix (RTX). Within the PayFi sector, Remittix has already become the top-favored project among investors.
Remittix’s appeal lies in its real-world utility. The project’s Beta Wallet, now live for community testing, enables users to send money directly to bank accounts in 30+ countries, swap 40+ cryptos and 30+ fiats, and enjoy low-cost FX conversions. This positions RTX beyond meme speculation, tying it to the trillion-dollar remittance industry.
Investor trust has also deepened since CertiK verified the Remittix team, ranking RTX as the #1 pre-launch project globally. The presale has raised $26 million, with tokens now priced at $0.1080, and analysts projecting potential 100x gains in the years ahead.
Strategic Positioning Ahead of the Q4 Bull Run
The crypto market has seen a notable capital influx in the past week, as investors rotate into high-risk, high-reward assets, a custom played during bull cycles. With Shiba Inu and Dogecoin eyeing the next leg up, Remittix brings the early entry and utility opportunities that the meme leaders no longer offer.
Discover the future of PayFi with Remittix by checking out their project here:
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