Remittix Raises $27M, Eyes $5 by Q4; SHIB Traders Pivot
Remittix has raised $27.2 million in its PayFi presale, selling 676 million RTX tokens at $0.113 each and attracting Shiba Inu (SHIB) holders. The Ethereum-based Remittix platform supports crypto-to-fiat transfers across 30+ countries, covering 40+ cryptocurrencies and 30+ fiat currencies with real-time FX conversion and low gas fees. Following a full CertiK audit, #1 Pre-Launch ranking, and three-year liquidity lock, Remittix targets a $5 valuation by Q4. It offers a business API for freelancers and SMEs, 15% daily USDT referral rewards, and a beta wallet to enhance usability. Meanwhile, SHIB trades within an ascending triangle, with support at $0.00001230 and resistance at $0.00001300; a break above the 100-day EMA at $0.0000135 could push it toward $0.00001400.
Bullish
Remittix’s $27.2 million presale success and #1 CertiK Pre-Launch ranking highlight strong market demand for its PayFi solution, underpinning bullish sentiment. The platform’s real-time crypto-to-fiat gateway, multi-currency support, API services, and 15% daily referral rewards should attract both retail traders and SMEs in the short term while fostering long-term adoption. A three-year liquidity lock and audited code increase investor confidence, and a clear $5 Q4 target provides a tangible price catalyst. Additionally, Shiba Inu holders shifting to utility-driven tokens may further boost RTX demand, suggesting sustained upward pressure on token prices.