Crypto watchers are seeing another shift in tone this week as Shiba Inu (SHIB) and Avalanche (AVAX) regain traction. Traders are cautiously optimistic, juggling the fading meme hype around SHIB with the growing confidence surrounding network-driven tokens like AVAX.
Meanwhile, Remittix, a rising payment-focused crypto, is positioning itself around real-world use, testing whether practical innovation can outshine pure speculation.
Shiba Inu’s Price Ceiling Still Defined by Tokenomics
Currently, SHIB is trading at $0.00001009, gaining 2.5% in the last 24 hours and holding a $5.94 billion market cap. Daily trading volumes are up more than 8% to $169.6 million, a sign that retail activity is creeping back into play among its 2.87 million wallet holders. However, its massive circulating supply, which is over 589.5 trillion tokens, continues to cap price mobility.
Analysts note that even with improved liquidity, SHIB’s structure makes a $1 target virtually impossible under current tokenomics. The coin’s volume-to-market cap ratio of 2.85% points to moderate engagement but not enough to counter long-term dilution.
AVAX Nears Key Reversal Zone
Unlike Shiba Inu’s battle with oversupply, Avalanche (AVAX) is holding firm near its critical support between $18 and $20, a zone that historically triggered several strong rallies. According to VexeCrypto, this range represents a super discount zone, where early accumulation often precedes expansion phases.
Technical analysts highlight a maturing symmetrical triangle on the monthly chart , a structure often seen before major breakouts. If AVAX clears $40 to $45, momentum could carry it toward $70 to $90, matching the formation’s measured move target.
Remittix Enters the Conversation
Among the more established names in the market, Remittix is steadily defining its own space by tackling a real-world challenge which is cross-border payments. The platform is built for both individuals and small businesses, offering quick, affordable transfers across multiple fiat and crypto options.
Using blockchain for settlement, Remittix aims to remove the delays and high fees that continue to frustrate millions who send money internationally.
Verdict
Remittix (RTX) — It’s building a payment network that uses blockchain to make transfers faster, cheaper, and easier to access. As the world leans further into digital finance, that kind of practicality could make Remittix’s growth feel less like hype and more like genuine demand.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.
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