Many meme coin investors have been concerned about the slow growth of the Shiba Inu Coin (SHIB) recently. With a 47% decline in the past year, some SHIB investors are concerned that the meme coin may be dead. However, a recent surge in the SHIB price shows that Shiba Inu may still be active but underperforming. As such, they are seeking Pepe Coin (PEPE) as an alternative based on its 15% growth in the past year.
Meanwhile, a new Ethereum-based altcoin called Remittix is also getting a shout among SHIB whales looking for upcoming projects with potential. Having raised over $14.5 million during its presale, investors are backing RTX to surpass SHIB and PEPE in 2025. Let’s find out why.
Remittix shows that utility is a major driver
The market is packed with many crypto presales. However, utility-driven ones like Remittix lead. Investors prefer such projects because of their long-term prospects and the high likelihood that they’ll succeed.
In Remittix’s case, the project solves a real-world issue with its blockchain protocol that allows people to make crypto-to-fiat payments easily. The off-ramp technology enables users to send crypto from anywhere in the world and have their recipients receive payments in 30+ local currencies.
The same applies to business owners, who can create merchant accounts to receive crypto payments from their foreign customers and convert them to fiat currencies instantly. This is done using the Remittix Pay API solution and the best part is that the platform charges zero fees for transactions.
These use cases make Remittix stand out as a leading choice for cross-border remittances, challenging established names like Ripple’s XRP, Solana (SOL) and Bitcoin (BTC).
Is SHIB dead? Recent price movements say no
When thinking of the biggest cryptocurrencies in terms of returned profits, SHIB ranks among the top names. SHIB has returned over 1,000,000x gains to investors since its launch. This is no mean feat, as bigger market cap cryptos like Ethereum and Dogecoin can’t boast the same numbers.
However, investors are beginning to lose faith in SHIB because of its recent market performance. The SHIB price has slumped by nearly 7% in the last 30 days. This means the recent bullish movement could be short-lived.
However, saying it’s over for Shiba Inu could be a mistake. Recently, the project developers launched a proprietary layer-1 chain called the Shibarium blockchain. They also built a decentralized exchange (DEX) called ShibaSwap and ecosystem tokens like BONE and LEASH. These show their commitment to finding new use cases that can drive SHIB’s growth and adoption.
PEPE remains a big SHIB competitor
The Shiba Inu Coin’s slow growth has caused short-term investors to opt for PEPE, one of the most prominent alternatives in the meme coin ecosystem. Like its competitor, Pepe Coin has also surged massively in the past, with over 82,000,000% gains since it began trading. However, subsequent price fluctuations have affected the PEPE price over time.
Still, PEPE investors remain optimistic because of its recent price rediscovery. With a decent uptick of nearly 5% in the past month, many investors are optimistic that the recent bullish setup will boost the PEPE price in the coming months.
Conclusion
The recent market trends show that investing in meme coins like PEPE and SHIB carries a high degree of risk due to their slow growth and the sentiment that they may have peaked. That’s why investors looking for better opportunities should consider Remittix for its massive potential. Buy Remittix now for a limited-time price of $0.0757.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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