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Cryptocurrency News Articles
Remittix ($RTX): A Better Bet in This Meteoric Rise of Meme Coins
Feb 02, 2025 at 06:10 pm
When accessing the crypto market for the biggest risers, it is no longer surprising that meme coins will always be on top of the list.
Meme coins have a tendency to dominate the biggest risers crypto list, which is hardly surprising. This is largely influenced by the fact that these crypto assets ride on the wave of a viral trend or event, helping them gain instant popularity. For example, if a cat named Tom is trending on the internet, you can be sure to find a meme coin already out there in its name. This is the approach taken by all meme coins.
Their popularity helps them instantly garner a growing list of investors, adding millions in market cap in a matter of hours. But speaking of a surge in investors, the TRUMP coin and Shiba Inu experienced a meteorite pump. The Trump coin saw over 15 billion dollars in market cap in less than 24 hours, reaching $74. Similarly, at the peak of the Shiba Inu popularity, the Shiba Inu price rose rapidly by over 10,000,000% in about a year.
But by now, you probably already know the reason why meme coins are not a good investment: they lose profits just as quickly as they gain them. While meme coins come with their price surge buzz, most trending altcoins also achieve the meme coin surge without the buzz. One of such trending altcoins is Remittix, which is set to see about 500x. Here's how to capitalize on this top new altcoin.
Why the Trump and Shiba Inu Price Pump is Flawed
At the peak of the Trump coin and Shiba Inu price growth, any crypto trader or investor can attest to their wow effect in the market. Let’s focus on the most recent, the Trump coin. The Trump meme coin experienced a meteoric rise that might be nearly impossible to be repeated by any crypto asset soon. This is because it saw over 350 million percent boost within the first 10 to 15 hours it joined the market.
However, as is typical of every meme coin, investors were instantly divided because of this instant rise. Some believed it had hit an overbought range, while others believed it would continue to rise. The former group, however, constituted a large portion of the whale and their short trade caused an instant panic. While this is still talked about due to how it made many people lose their money, it is not unique to the Trump coin. This is the same pattern the Shiba inu coin took, making it a repeated circle in the meme coin market.
Could Remittix be a Better Bet in This Meteoric Rise?
One of the challenges of the meteoric rise of crypto assets is the panic they cause about a possible overbought. But this panic is valid in the meme coin market because it has nothing to back it up. Remittix is one of the world’s top rated crypto exchanges.
The Remittix platform provides facilities and a user-friendly interface that allows users to easily convert their crypto to fiat and send it to a bank account. Most of the other top rated crypto exchanges facilitate crypto-to-crypto transactions. However, Remittix takes this a step further by making it easier to make crypto-to-fiat transactions without a middleman.
The Remittix native token, $RTX, is one of the top trending altcoins right now with a presale round fast approaching its end. The $RTX token’s utility and market potential give it a projection of about 500x when it finally launches. But you can buy it now to be one of those taking this opportunity.
Check out the links below for all the information about the $RTX presale and how to buy it.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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