Recent movements in the cryptocurrency market have generated pessimism among investors. Bitcoin has been fluctuating, and attention towards altcoins has focused on those that can offer utility with minimal risk in unstable conditions.
Dogecoin (DOGE): Testing Resistance
Dogecoin is testing resistance at $0.20, 30% below July highs. Technical analyses suggest a potential adverse reaction on this level. The high market cap of Dogecoin, exceeding $30 billion, also limits its growth potential.
Shiba Inu: Weak Growth Potential
Shiba Inu's price is currently pegged at $0.000012 with a market cap of over $7 billion. Recent information about whale transfers creates an optimistic background. Nevertheless, the likelihood of achieving a 100x growth in the short term seems improbable.
Remittix (RTX): Potential Leader
Remittix (RTX) offers a unique solution for transactions between cryptocurrencies and fiat. This platform facilitates transfers in over 30 countries, which opens wide opportunities for users. With its low market cap and utility, Remittix stands a good chance of achieving a 100x increase by 2025.
Thus, among the three cryptocurrencies analyzed, Dogecoin and Shiba Inu may face difficulties in achieving significant growth, while Remittix appears to be the most promising option for investors in the future.
