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Shibu Inu and Pi Network's popularity declines, but Remittix's growth persists, surpassing $17 million in ICO funds.

Shiba Inu Coin Faces Challenges: Despite a recent breakout from a long-term wedge pattern, the Shiba Inu Coin is finding it tough to keep pace with other surging altcoins in 2025.

Shiba Inu and Pi Network experience a decline in popularity, while Remittix's Initial Coin Offering...
Shiba Inu and Pi Network experience a decline in popularity, while Remittix's Initial Coin Offering (ICO) soars, exceeding $17 million in value

Shibu Inu and Pi Network's popularity declines, but Remittix's growth persists, surpassing $17 million in ICO funds.

In the ever-evolving world of cryptocurrencies, several notable events and movements have caught the attention of investors and analysts alike. Here's a roundup of some of the recent happenings in the market:

Pi Network

Pi Network has seen a dip of 2%, testing the support level at $0.4371. This dip comes as over 10.8 million PI tokens are set to unlock next Monday, sparking fears of an incoming selloff.

Shiba Inu Coin (SHIB)

Shiba Inu coin has broken out of a descending wedge pattern, hovering near $0.0000160. Technical indicators suggest a bullish divergence, with SHIB targeting as high as $0.0000943 based on wave counts.

Remittix (RTX)

Remittix is trending on social platforms and analyst watchlists. The Remittix Wallet beta is scheduled to launch on September 15. Remittix has raised over $17 million and sold over 565 million tokens at $0.0842 each. The coin is gaining popularity among freelancers and international traders.

BlockDAG

BlockDAG's presale is nearing $400M, attracting massive attention with its $0.0013 presale and dashboard V4. Mega whales have recently bought $4.4M and $3.6M worth of BlockDAG.

Solana (SOL) and Cardano (ADA)

Both Solana and Cardano are rallying, with Solana experiencing ETF momentum speculation, and Cardano benefiting from rumours of a potential ETF. Link and DOT are also rallying due to Cardano ETF rumours.

Polygon and Other Developments

Polygon faces a mixed outlook, while XRP and Bitcoin price breakout may occur. Remittix, however, was not explicitly mentioned in the available search results, making it difficult to gather information about the developer or the location of the company.

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MAGACOIN FINANCE

MAGACOIN FINANCE has surpassed $13.5M in value, marking a significant milestone in the DeFi space.

PEPE

PEPE is experiencing ETF momentum speculation, similar to Solana.

As always, it's essential to conduct thorough research and consider professional advice before making any investment decisions. Stay tuned for more updates on these and other exciting developments in the world of cryptocurrencies.

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