On-Chain Data Shows Money Rotating Out of Dogecoin and Shiba Inu; Where Is Smart Money Headed?
Investors have been eagerly anticipating this moment for years as a revolutionary new altcoin season looms on the horizon. In light of this excitement, on-chain data indicates that smart money buyers are rotating their capital away from meme coin behemoths such as Shiba Inu and Dogecoin, into fresher gems with immense utility appeal including Remittix.
Read on to learn more about how Remittix is utilizing one-of-a-kind technology to revolutionize cross-border payments and Remittix’s potential to muster 50x returns as soon as Q2 2025.
Could Dogecoin Hit $1 In 2025?
Dogecoin has jumped 21% this week, driven by whale activity, including the whale purchase of over 1.08 billion DOGE valued at a staggering $413 million. Transfers to private wallets have reduced selling pressure for Dogecoin, aligning with Dogecoin’s historically strong January performance in previous years. Analysts at Galaxy Digital project that Dogecoin could hit $1 in 2025, supported by robust community backing and pro-crypto policies under the incoming Trump administration set to take office in two weeks.
Further boosting optimism, speculation is growing around Elon Musk potentially integrating Dogecoin into his upcoming “X Money” payments platform. With increasing utility and strong market momentum, Dogecoin is poised to reclaim its all-time high and potentially secure a spot among the top five cryptocurrencies once again as meme mania returns.
Second Largest Meme Shiba Inu Poised For Major Recovery
Shiba Inu has experienced a 25% decline from its December high of $0.000033, driven by broader bearish market conditions for memes as the month progresses. Despite the downturn, Shiba Inu continues to hold its position as the second-largest meme coin, supported by its loyal community and ecosystem developments such as Shibarium. Recent whale activity, including the acquisition of 220 billion SHIB tokens worth $4.63 million, signals renewed investor confidence, highlighting the potential for a strong Shiba Inu recovery in 2025.
However, Shiba Inu faces significant resistance at two key zones, around $0.000024 and $0.000030. A new meme season could see Shiba Inu bulldoze past these prices, including Shiba Inu’s rising burn rates and robust fundamentals, though it remains unlikely that Shiba Inu will emulate its face-melting 2021 performance in this bull cycle.
Discover Why Remittix Is The The Talk Of The Town Amongst Smart Money Buyers
Remittix is transforming international money transfers by blending blockchain innovation with fiat payments. Supporting over 40 cryptocurrencies, the platform instantly converts them into major fiat currencies like USD and EUR, offering fast and cost-efficient cross-border transfers.
With a commitment to transparency, Remittix employs a flat-fee structure, eliminating hidden costs and ensuring recipients receive the full amount that was intended to be sent. For businesses, Remittix simplifies payroll by converting cryptocurrency payments into fiat and depositing them directly into bank accounts, bypassing traditional systems like SWIFT and significantly cutting operational costs.
The platform’s simplicity and user-first approach stand out, allowing users to handle transactions independently without annoying intermediaries. By leveraging blockchain technology, Remittix ensures both efficiency and privacy for its users in equal stead.
Thoroughly audited by Solidproof and BlockSAFU and priced at $0.0185, RTX represents a solid investment opportunity and an amazing addition to any portfolio ahead of the bull run. With a capped supply of 1.5 billion tokens and growing demand for innovative payment systems, RTX offers the potential for 10x returns in the next two months and 50-100x returns as the bull run progresses in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
- Website:https://remittix.io/
- Socials: https://linktr.ee/remittix
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Get Blockchain Insights In Inbox
Stay ahead of the curve with expert analysis and market updates.
latest from tech
Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.