The cryptocurrency market is witnessing a slowdown of Shiba Inu and PEPE tokens. Meanwhile, a new altcoin Remittix gains increasing popularity.
Shiba Inu Shows Signs of Weakness
Shiba Inu (SHIB) is currently trading around $0.00001230, attempting to regain its previous positions. Popular crypto analyst CryptoELITES predicted that the token could potentially do 17x from its current price. However, recent news about Shiba Inu indicates that investors remain cautious regarding the sustainability of the rally.
PEPE Struggles
PEPE is trading near $0.000000966 and is precariously located at the bottom of a symmetrical triangle. Analysts warn of continuing selling pressure, with buyers struggling to defend support levels. This is compounded by a recent transfer of about 500 billion PEPE to Binance, raising concerns around increased selling pressure.
Remittix Attracts Investor Attention
Remittix is rapidly growing, having raised over $23.9 million by selling more than 645 million tokens at $0.1030 each. Its first listing is expected on BitMart, with a second listing on LBank already scheduled. The launch of the Beta Wallet is set for September 15, 2025.
Against the backdrop of slowing activity of Shiba Inu and PEPE, Remittix is stepping into the spotlight with a combination of utility, a clear strategy, and investor backing.
