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Cryptocurrency News Articles

Remittix (RTX) DeFi Protocol Emerges as the Top Choice for PEPE and SHIB Whales Seeking Greener Pastures

Jan 09, 2025 at 07:11 pm

The meme coin season has been slowing down over the past month. That has seen PEPE and SHIB tumble by double digits as investors ditch meme coins

Remittix (RTX) DeFi Protocol Emerges as the Top Choice for PEPE and SHIB Whales Seeking Greener Pastures

Meme coins, led by the likes of PEPE and SHIB, have had a stellar 2023, notching up astronomical gains of up to 47x. However, the meme coin season seems to be slowing down, with PEPE and SHIB tumbling double digits over the past month. As a result, many investors are pivoting towards new presales for better speculative gains.

One of the top presales attracting the attention of PEPE and SHIB whales is the Remittix (RTX) DeFi protocol, which is up nearly 30% just a few weeks after its debut into the presale market. Here’s why investors are flocking to RTX.

Remittix (RTX) DeFi protocol reinvents cross-border payments

Set to launch on Ethereum, Remittix is an upcoming DeFi protocol that disrupts cross-border payments with a seamless crypto-to-fiat payment network. Operating just like your regular banking app, this dApp connects with conventional local payment networks globally, facilitating hassle-free crypto-to-fiat transactions.

That empowers crypto holders and businesses to send and receive crypto payments straight to fiat bank accounts with the speed of crypto and the convenience of everyday fiat payments.

Unlike traditional wires, Remittix transfers come with a flat fee, slashing the extra FX, wire, and hidden costs levied by cross-border payment intermediaries like banks. What’s more, the process is completely seamless — the recipient gets a normal bank deposit without ever knowing it started as a crypto payment.

More interestingly, Remittix is super fast. Crypto payments are received instantly, while fiat transfers have same-day processing, eliminating the long wait time of 3-5 business days that bedevils conventional cross-border wires.

Market pundits posit this DeFi protocol will likely become the go-to solution for easy crypto-to-fiat payments and could dominate the $740 billion cross-border payment market, returning staggering profits to RTX investors.

PEPE collapses over 30% monthly

MemeCoin (PEPE) had a great 2023, notching a new all-time high of $0.000002836 after scaling new heights in 2024, which saw PEPE begin the year around $0.0000006. That’s a mouthwatering 47x return from PEPE’s 2023 lows!

But the meme coin has been retreating recently, collapsing nearly 30% in the past month to hover in the $0.0000018 zone. PEPE price action is expected to continue slowing down in January as more whales take profits.

This slowdown has prompted an increasing number of PEPE whales to seek greener pastures in presales, and Remittix is the top choice into which these profits are being poured.

Shiba Inu’s (SHIB) 141% yearly return looks disappointing

SHIB meme coin whales haven’t been lucky in the past year. After reaching a high of $0.000045 early last year, SHIB has mostly been underperforming the market.

In its recent rally, SHIB dropped the ball at $0.000033 and has been collapsing, losing over 30% in the past month. That has left SHIB with a meager 141% yearly ROI.

Worse still, SHIB is predicted to continue its lackluster performance in the coming weeks as it dives deeper into the $0.00002 zone.

However, SHIB’s 89% bullish community sentiment and a predicted 116% jump in January show that some analysts and investors remain optimistic about the meme coin’s prospects.

Investors scoop over 126 million RTX

So far, investors have gobbled over 126 million RTX tokens, pushing the Remittix presale past $2.2 million. Tokens are going for $0.0193, and PEPE and SHIB meme coin whales are loading up their wallets before the price jumps to $0.0199 in the next phase.

Discover the Exciting Opportunities of the Remittix (RTX) Presale Today!

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

News source:financefeeds.com

Disclaimer:info@kdj.com

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Other articles published on Jan 10, 2025