As the Shiba inu price continues another week down in a bearish turn, the old questions have returned as investors contemplate exiting. Will Shiba Inu coin reach $1? is the question that experts have continued to grapple with as the price continues on a downtrend.
This is as new competitions threaten the coin’s progress, leading to an ongoing mass sell-off. Whereas, while Shiba Inu dips, the Remittix token has only continued upward, offering investors more reward by the day.
Will Shiba Inu coins reach $1 in this last quarter? Here is an analysis of the token’s price cycle and why Remittix could top the Shiba Inu 2020 surge.
The 2020 surge factors have helped the Shiba Inu coin maintain a position as number two in the meme coin market. However, short-term projections show the Shiba coin on a continuous fall, potentially reaching $0.00001052 before the end of September. But, this bearish formation over the last 6 months has reopened the long-standing question of “will Shiba Inu coin reach $1?”
While experts have tried to provide answers, the price tumble makes it hard to give any answer from a fundamental point of view. Therefore, while the Shiba Inu developers have attempted to step up security, the technical impact has still downplayed the progress.
Additionally, the recent $2.4 million hack is dealing a blow that continues to erode confidence. Hence, answering the question of whether the Shiba Inu coin will reach $1 before 2030 remains tricky, as both technical and fundamental factors fail to provide a way forward for price growth.
Analysts are showing strong bullish sentiment towards the Remittix token as the altcoin accumulation reveals a high spike potential. This is in preparation for the launch of the coin, which is expected soon amid high optimism and strong support for cross-border payments. The Remittix token has delivered over 8 times its value over the last few months in pre-launch, upping its position as a major altcoin to look out for.
While the Shiba Inu coin keeps dwelling on the past surge, Remittix is leading as the leader of the new school. This is with the Remittix surge projected to rival the Shiba Inu 2020 spike, as short-term predictions show it could reach 100x by 2026.
Expected catalysts ready to boost the Remittix coin include:
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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