The hype around the SHIB price, which got it a nickname of the “DOGE killer”, has subsided lately with the price moving sideways. Analysis of the SHIB price this past week shows a drop in buying momentum, as new meme tokens like Bonk and Pepe take the spotlight. However, beyond the meme coin scene, analysts looking long-term have identified a new altcoin on a 100x move in 2025.
Here are the key details about this new altcoin, which is projected to outperform the top altcoin this year as the top DeFi project. But first, let’s talk about SHIB price underperforming.
SHIB Price Analysis Using Technical Indicators
The Bollinger Band technical indicator shows a drastic drop in trading momentum in the last few weeks, with a narrowing band. This is also a follow-up to how the SHIB price has struggled to regain the 2021 peak. However, on closer inspection of the SHIB price chart, it is discovered that the coin has remained in consolidation since 2022.
Although the SHIB price attempted a breakout, reaching a high of $0.00004536 in January 2024, January 2025 saw the growth reversed. Even after the meme coin market surge of January 2025, SHIB Price remained in a consolidation trading between $0.00001731 and $0.00001022. Some reasons experts highlight as a reason for SHIB price stagnation include:
- Popularity fatigue as new meme coins like BONK and PEPE continue taking the spotlight
- Slow token supply to burn rate, with over 577T SHIB still in circulation
- Utility concerns, which continue to plague meme coins in the crypto market
Experts Forecast 30x Surge For Remittix In 2025
The growing attention to the Remittix utility in the last few months is influencing an intense buying pressure. This has seen the Remittix token cross a whooping $16M raised in presale following rising whale accumulation.
But there is a catch, analysts have identified the Remittix use case with a potential for fast adoption after launch. With this projection, analysis shows a potential for a 100x surge in the first few months after launch and 30x before the end of 2025.
Some of the features fueling Remittix demand pressure include:
- Strategic offering that allows users to send fiat to bank accounts across the world using 40+ crypto assets
- Security for investor funds with CertiK audit showing the Remittix smart contract is protected against rugpull.
- Community reward, including an ongoing $25,000 reward each for 10 people in the $250,000 giveaway, now fueling the fast community growth
- Low-Cap opportunity that helps investors make a higher ROI on funds invested
Remittix’s reputation is growing as the next altcoin to 100x following its strong utility in a fast-growing payment industry.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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