Excitement around Dogecoin is rising, and speculation is about a potential Dogecoin ETF. Analysts believe this could bring DOGE the institutional attention it seeks. But as eyes remain fixed on the meme coin’s ETF prospects, a lesser-known project, Remittix, is attracting serious investors and could deliver significant returns like Shiba Inu did.
Remittix isn’t just another coin; it’s a utility-driven protocol transforming crypto and fiat interactions across borders. Read on to learn more.
Whales accumulate DOGE as SEC begins 240-day review for Dogecoin ETF
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged 21Shares’ Dogecoin ETF filing, marking a step forward in potentially launching a DOGE ETF in the U.S. market. This acknowledgment doesn’t guarantee approval but starts a 240-day review period during which the SEC will consider whether the fund should proceed.
Source: CoinMarketCap
While this is happening, Dogecoin whales have quietly accumulated over 1 billion DOGE in the past 30 days, triggering positive sentiment across the crypto community about the potential Dogecoin ETF launch.
Source: Ali Martinez on X
According to analyst Ali Martinez, this accumulation began around April 15 and surged as DOGE’s price spiked 45% by May 8, reaching $0.25.
Shiba Inu (SHIB) burns near 410 trillion milestone
Shiba Inu is approaching a major milestone with nearly 410 trillion SHIB tokens burned since the inception of its burn mechanism, reducing supply and fueling long-term hopes for price appreciation.
Source: CoinMarketCap
Despite significant deflation, Shiba Inu’s price impact has been minimal as it is still down by 38% yearly and is trading within a narrow range.
Source: CoinEdition
SHIB is currently forming a descending triangle, indicating indecision among buyers and sellers. Technical indicators like RSI and MACD show weakening momentum, with traders closely eyeing the $0.00001460 support level. A drop below this could send SHIB to $0.00001336, while reclaiming $0.00001552 with strong volume could trigger a bullish rebound.
Remittix simplifies global crypto payments with real utility
Learning about what Remittix has to offer is nothing short of intriguing. First and foremost, the platform allows users to send crypto payments that settle as fiat into any bank account worldwide. The only requirement? Connect a wallet. There are no intermediaries, exchange hassles, and no long waits.
The simplicity of the platform is another reason Remittix is gaining traction. Its interface mirrors the ease of modern fintech apps while hiding the complexity of crypto behind the scenes. The recipient doesn’t need a crypto wallet or any blockchain knowledge. They receive money in their bank account.
Also, the platform leverages blockchain infrastructure to bridge cryptocurrencies with local banking networks, making it possible for a sender in Dubai to transfer crypto and have it arrive as fiat in a Tokyo bank account—often the same day. This level of practicality is rarely seen in the meme-fueled corners of the crypto market, and it’s precisely what makes Remittix unique.
Security-conscious investors will be glad to know that Remittix has undergone smart contract audits and is built on the Ethereum blockchain using ERC-20 standards. Transparency and accountability are embedded in the protocol’s DNA, and all key details—including the token address—are publicly accessible.
Over 535 million RTX tokens already snapped up
Participation in the Remittix presale has already surpassed $15 million in raised funds, with over 535 million tokens sold. The current price of $0.0757 is expected to rise soon, making this a crucial moment for early adopters.
Users can purchase RTX using ETH, USDT, or even credit/debit cards through a simple web3 dApp experience, and tokens are delivered to dashboards within minutes of confirmation.
Discover the future of PayFi with Remittix by checking out their presale here:
Website:https://remittix.io/
Socials: https://linktr.ee/remittix