Whale activity in cryptocurrencies is turning towards new projects, including the promising Remittix, known for its potential in remittances.
SHIB Suffers Due to Whale Activity
Shiba Inu (SHIB) has been noticed for new trends among whales. While SHIB attempts to expand capabilities with ShibOS to increase web3 adoption, its market price has seen significant fluctuations, dropping by 11.52% in a day and 20.55% over a month.
ETH Remains a Market Leader Despite Competition
Ethereum (ETH) remains one of the largest cryptocurrencies due to its network of smart contracts and decentralized apps. Despite pressure from Solana, Cardano, and Avalanche, Ethereum continues to attract investors, supported by upcoming Ethereum 2.0 upgrades aiming for scalability and cost reduction.
Remittix Gets Set for a Rally
Remittix stands out among new cryptocurrencies for its focus on traditional banking challenges. With a clear and fast service free from hidden fees, Remittix is pivotal for staking, governance, and platform incentives, supporting over 30 fiat currencies and 50 cryptocurrencies.
Whales continue to influence the crypto market, opening new opportunities for projects like Shiba Inu and Remittix, aiming to expand capabilities and attract new users.
