SHIB and DOGE Whales Make Big Moves: Meme Coin Collapse or the Dawn of a New Crypto Era?

Meme coin whales are shaking the table—again. SHIB and DOGE holders just triggered massive rotations, sparking debates: Is this the death rattle of meme mania or fuel for the next bull run?

Whales play chess while retail trades checkers. While 'serious' investors scoff at dog-themed tokens, these assets keep defying gravity—and draining liquidity from 'respectable' altcoins.

One thing's certain: When meme coins move, they move fast. Whether this rotation signals capitulation or accumulation, buckle up—volatility's coming for your portfolio.

Meme coin whales pitch their tents with Remittix

As the meme coin hype continues to die down among crypto investors, more opportunities are popping up for investors looking for hidden gems with potential. Remittix is one of these undervalued assets, judging by its early presale success.

Since its presale began, Remittix has raised over $15.8 million, causing analysts to tip it as the next big crypto project. During this period, over 546 million RTX tokens have been sold, and the earliest investors have made over 500% gains from the presale price increases alone.

Remittix’s long-term potential is even more exciting as experts predict a 1,000x increase or more after the project’s full emergence into the payment finance (PayFi) industry. Currently, projects like Ripple (XRP) and stellar (XLM) dominate this space. However, Remittix is poised to overthrow them in the coming months, thanks to its exciting use cases for individuals and businesses.

Merchants can leverage the Remittix Pay API to create instant accounts and receive crypto payments globally, and convert the funds to 30+ fiat currencies. Individuals can also send crypto and have the recipients convert to fiat smoothly and withdraw through their bank accounts, all on the Remittix platform.

These use cases put Remittix ahead of meme tokens like SHIB and DOGE, which lack solid utility for users.

SHIB could be past its glory days

The Shiba Inu Coin (SHIB) price is down by over 21% month-on-month (MOM), indicating SHIB’s current struggles in the crypto market. During this period, the SHIB price has plummeted to $0.000011, and SHIB is now lingering in the red zone.

Source: CoinMarketCap

Though the 5% increase in the SHIB trading volume suggests that some traders are buying the meme coin at its current low price, the majority of SHIB investors have become pessimistic and are afraid that the good SHIB days may be over.

DOGE investors need more conviction

Like SHIB, the Dogecoin price movement has also been worrisome for investors. Based on the current market trends, DOGE bulls are out of control, plunging the DOGE price to around $0.16 and a 29% decline in the past month.

Source: CoinMarketCap

The latest dogecoin price and ecosystem activity corroborate some analysts’ perception that DOGE could have peaked after its five-digit growth since it began trading. As such, there’s an outflow of DOGE investors looking to back shinier projects with utility, such as Remittix.

Conclusion

There’s a strong belief among Doge and SHIB investors that the meme coins could have reached the ceiling of their growth. This makes investing in Remittix a smart move since the project is just taking off the ground.

Buy Remittix on presale for $0.0781 before it explodes.

Website: https://remittix.io/

Socials: https://linktr.ee/remittix