Pi Network and SHIB Losing Steam as Analysts Flock to This Fast-Rising XRP Alternative
Main Idea
Analysts are shifting focus from Pi Network and SHIB to emerging opportunities like XRP and Remittix, as established cryptocurrencies show signs of cooling momentum and new projects gain attention for their utility and potential.
Key Points
1. Ethereum price retraced from highs near $3,860 to around $3,700, with key support levels at $3,650 being watched by analysts.
2. Pi Network faces mounting sell-pressure, with 359 million PI tokens in exchange wallets and a 45% drop in trading volume, though bulls eye a potential rebound to $2.98.
3. Remittix is gaining attention for its real-world utility, security audits, and features like 20% referral rewards and a Q3 wallet launch, positioning it as a potential long-term investment.
4. XRP is highlighted as a replacement for SWIFT, with bullish projections suggesting it could reach $6–$8, driven by institutional interest and utility.
5. The broader market sentiment is cautious, with retail traders favoring smaller, growth-oriented altcoins over established cryptocurrencies.
Description
Ethereum price momentum has slowed over the past week, prompting investors to search for fresh opportunities beyond ETH. Established networks are consolidating and retail traders are turning focus to small‑cap tokens that show high whale interest and real utility. Retail and institutional watchers now track surging whale moves into a quiet yet powerful crypto name that has drawn remarkable buzz. The word on the street is that this under‑the‑radar project may offer real traction in global payment...
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