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We asked ChatGPT How Much Shiba Inu And WIF Will Be Worth After Trump’s inauguration?

DATE POSTED:December 23, 2024

An explosive increase in meme coin activity has captivated the crypto market, sparking renewed interest. As speculation mounts, Shiba Inu and Dogwifhat tokens have gained momentum. We turned to ChatGPT to predict their potential unprecedented returns. Per the AI-powered chatbot insights, SHIB and WIF prices could reach $0.00008 and $9.21, respectively by the time Trump is inaugurated.

Meanwhile, Remittix (RTX) leads the crypto presale hype and it is justifiably so. The payment network aims to create the foundations to accumulate a share of the $183 trillion banking industry by blending fiat cross-border payments with blockchain technology. This unique feature has drawn considerable whale interest in its presale.

RTX Presale Success: A Strong Foundation

Remittix presale continues to pick up steam due to recent developments. The project has already delivered over 114% return to its early adopters ― something that has drawn crypto whales into its presale. The key driver of this bullish momentum is its revolutionary payment network. Unlike traditional cross-border payments, Remittix can facilitate over 40+ cryptos into fiat currencies which can then be sent to any global bank account.

As such, users can make crypto-to-fiat transactions with the speed of blockchain technology and the everyday convenience of fiat payments. Its standout smart contract locks in exchange rates, ensuring no hidden extra charges for wires and FX. But, the best part about the platform is that recipients will never know their funds started as crypto payments, which allows them to allocate and move funds with complete autonomy and freedom.

Remittix Pay API offers businesses a rare opportunity to accept crypto payments and settle transactions in fiat to a selected bank account. Apart from an efficient PayFi platform, RTX offers excellent staking rewards to its holders for as much as 10%, 12%, and 18% APY depending on their exclusive tiers. At a low price of $0.015 and expected surge to $0.0156 in the coming days, Remittix presale offers price stability, ensuring investors make consistent short-term gains.

Shiba Inu Price Analysis: Can It Reach $0.0001?

Shiba Inu (SHIB) has shown signs of  bullish momentum towards the $0.0001 level, significantly as SHIB’s burn rate accelerates and optimism around the meme coin’s utility grows. The meme token has seen over 150% increase on its YTD chart. This surge can be attributed to several reasons, including a whale transferring $ 250 million to a dead wallet, effectively reducing the circulating supply.

Analysts now believe that the price of SHIB is on track to reach $0.0001.However, the SHIB’s price has experienced bearishness, rejecting from its $0.000033 monthly high and then diving to the swing low of the $0.000024 mark. During last week’s market reversal, the SHIB price retested its previous barriers but faced rejection from the 10-day moving average, signaling a short-term trend.

If the meme token were to reach $0.0001, its market cap would also experience a heightened increase. Given Shiba Inu’s circulating supply of 589,255,623,215,220, the $0.0001 target would result in a market capitalization of roughly $58.93 billion. Assuming the broader market trends remain as they currently are, this could push the SHIB token to the 8th position.

WIF Price Forms Bearish Head and Shoulder Pattern

As most meme coin markets faced correction, Dogwifhat (WIF) decreased by over 20% in the past week due to rising selling pressure. Dogwifhat’s price chart highlights that the meme coin has formed a head-to-shoulders pattern. Typically, this pattern is a bullish-to-bearish indicating the value of WIF could slide further.

As such, the price could pullback at the $1.88 level. However, the WIF bulls could try and defend the critical support level around the $2.35 level. In this scenario, the price will consolidate and fuel fresh rallies that could push the price of Dogwifhat toward the $3.93 zone, heading toward its upper resistance level of $4.1950.

But if the bull fails to secure this point, the WIF coin could see further declines. It will find immediate downside support at $2.28. Any additional losses will push the value of WIF towards the $2.25 and $2.00 level. Market watchers are closely monitoring the key technical indicators that could determine the meme coin’s next move.

Best Token To Buy

While Dogwifhat and Shiba Inu continue to navigate the meme coin market correction, the Remittix (RTX) presale presents an intriguing opportunity for anyone seeking high returns and reliability in the PayFi space. With growing demand, Remittix would witness widespread adoption, which could increase its valuation.

Discover the Exciting Opportunities of the Remittix (RTX) Presale Today!

Website: Remittix

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post We asked ChatGPT How Much Shiba Inu And WIF Will Be Worth After Trump’s inauguration? appeared first on The Merkle News.