SHIB Price Continues to Slide as Investors Reallocate to Remittix and Aave for ETH Season

AAVE and Remittix are currently the best altcoins to consider, given the bullish forecasts shared by top experts.

By Andy Watson

Edited by Julia Sakovich Jan 3, 2025 at 01:30 PM Updated Jan 3, 2025 at 01:30 PM

4 mins read

Ethereum is now looking more bullish than Bitcoin for the first time in months, suggesting that the long-anticipated altcoin season is here. As one of the favorite ETH coins, Shiba Inu SHIB $0.000020 24h volatility: 0.9% Market cap: $11.80 B Vol. 24h: $182.62 M continues to struggle around a key level, investors have begun reallocating funds to more promising ones, Remittix (RTX) and AAVE AAVE $328.2 24h volatility: 1.8% Market cap: $4.94 B Vol. 24h: $354.32 M .

Remittix (RTX), dubbed the “Ripple Killer”, could peak above $1 in this altseason as it changes how we make cross-border payments. Also, AAVE has increased by 150% on the 60D chart, but has a chance of skyrocketing above $1,000 for a new ATH.

Top Analyst Points Out Key Level for Shiba Inu (SHIB)

Shiba Inu (SHIB) was unable to replicate its historical explosive price rallies in 2024. While CoinMarketCap‘s data shows that the Shiba Inu coin doubled in value in 2024, it has spent the last few weeks struggling around the $0.00002100 support level.

Ali Martinez, one of the most popular independent technical analysts, has said that the $0.00001930-$0.0000215 range is the most critical support level for the Shiba Inu crypto. Over the years this level has been a strong support and breaking below here could spark a major downtrend.

However, Shiba Inu (SHIB) continues to defend this level, which Javon Marks has said could start the uptrend. According to Marks, if the uptrend begins the Shiba Inu price could increase towards the $0.000081 level.

New XRP, Remittix (RTX) Set to Break $1 in This Altseason

PayFi (Payment Finance) platform Remittix (RTX) has been identified by industry experts as the next giant in the cross-border payment industry. Remittx is building the perfect bridge to connect and redefine crypto-fiat payments.

Remittix supports 50+ cryptos, giving users the opportunity to pick among their preferred cryptos. They can convert their cryptos to over 30 fiat currencies and pay them directly into any supported bank account from across the world.

In a bid to make the global financial system better and more effective, Remittix will eliminate the barriers, delays, and high costs of traditional international money transfers. The platform offers the same chances to individuals and businesses from anywhere in the world equal access to the global financial market.

The Remittix presale is now open and the platform has raised over $1 million in funding so far. The RTX token is currently trading at $0.0172, a good entry price given market experts believe it could hit $1 in 2025. They have given these predictions because of Remittix’s strong fundamentals, compared to XRP, and aim to revolutionize a $190 trillion market.

AAVE Is Undervalued, Could Skyrocket Above $1,000

On the 60D chart, per CoinMarketCap, the Aave coin has increased by more than 150% to cross the $330 resistance. Although Aave (AAVE) has outperformed many of the top altcoins, analysts still believe that the coin remains undervalued.

The founder of DyroCrypto, Hitesh.eth shared this sentiment in a tweet on X. He adds that the rising fee/market cap and volume/market cap ratio are two notable growth metrics for the Aave crypto. According to him, both metrics are up by 35% and 67% in the last 30 days.

As these metrics continue rising, the Aave price will rise alongside. The popular analyst, CryptoPoseidonn adds that $AAVE has been steadily carrying his portfolio “single-handedly”. Based on his analysis, Aave could break out and rally above $1,000 in this altseason.

The Best Altcoins to Buy Heading into the ETH Season: SHIB, AAVE, or Remittix?

AAVE and Remittix are currently the best altcoins to consider, given the bullish forecasts shared by top experts. While SHIB continues to struggle at a key support level, AAVE and RTX are looking to set new ATHs in 2025 at $1,000 and $1, respectively.

Join the Remittix (RTX) presale and community.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.