Some market participants say Shiba Inu has not seen a clear near-term shift in trend after the latest bout of meme-coin trading activity eased.
Shiba Inu, like many other large-cap altcoins, has shown uneven performance during the current market cycle, which has led some investors to diversify across other tokens.
One project drawing attention in those discussions is RTX, a token associated with the PayFi-focused project Remittix. The project has stated that its ongoing token sale has raised around $27 million; these figures have not been independently verified.
Analysts Share Cautious Outlook For Shiba Inu Price
With meme-coin trading activity appearing to cool from recent peaks, some crypto analysts have published more cautious outlooks for Shiba Inu in the near term. As with many liquid altcoins, SHIB has seen periods of underperformance alongside broader market volatility.
Given Shiba Inu’s prior market cycles, some observers continue to monitor it across different time horizons, while noting that outcomes are uncertain.
Remittix reports $27 million raised in token sale; project outlines marketing incentives
Remittix has stated that it has crossed the $27 million mark in its token sale. The project has also discussed a future token generation event, although timelines and outcomes can change.
Project materials describe a referral-based incentive program tied to RTX acquisitions, including a stated reward of up to 15% of a referred user’s token purchase, paid in USDT. As with similar programs, terms may vary and participants may face additional risks.
Remittix describes its focus as bridging traditional and blockchain-based payment rails. In project descriptions, it has listed planned features such as:
- Crypto-to-bank transfer functionality in multiple countries (coverage claims are project-stated)
- Referral incentives (rates and eligibility are project-stated and may change)
- Support for multiple cryptocurrencies and fiat currencies (as described by the project)
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
