Remittix (RTX) Could Outshine Shiba Inu (SHIB) and Pepe (PEPE) by Delivering Real-World Utility

Shiba Inu (SHIB) and Pepe (PEPE) have become major talking points in the crypto universe because investors continuously seek new potential market

Shiba Inu (SHIB) and Pepe (PEPE) have become major talking points in the crypto universe as investors continuously seek new potential market leaders. Meme coins have become extremely popular which triggered large price increases that attracted investors and traders.

However, some analysts believe that there’s a new contender in the market, one that could make the Shiba Inu and Pepe rallies look small in comparison. That altcoin is Remittix (RTX), a project focused on tackling the costly and slow process of cross-border money transfers.

SHIB: A Burning Desire for Deflationary Success

SHIB is currently priced at around $0.00001167. It has been making headlines recently because of a big increase in its token burn activity.

In just one day, over 30 million SHIB tokens were burned, which is one of the highest burn rates recently. This is part of Shiba Inu’s plan to reduce the supply of SHIB tokens, hoping this will increase the value of each token.

This massive deflationary effort is a sign of Shiba Inu’s community-driven vision to reduce the total supply of SHIB tokens, which in turn could drive up the value of each token. Despite this massive burn, the price of SHIB has barely moved and has dropped by around 2% in the past 24 hours.

Since it was launched, over 410 trillion SHIB tokens have been burned, which has helped lower its supply. But even with these efforts, the price of SHIB is still around $0.00001167. This shows that burning tokens alone might not be enough to raise the price in the short term.

While the community is working hard to reduce the supply, Shiba Inu still needs more growth to see bigger price changes.

PEPE: Meme Coin Gaining Recognition

Pepe (PEPE) is currently being sold for $0.571.

PEPE recently entered Coinbase’s Coin50 Index which tracks fifty leading digital assets in the

The market importance of PEPE continues to increase based on recent data. The frog-themed branding along with Coinbase’s inclusion of PEPE has positioned it among major cryptocurrencies like Solana (SOL) and Compound (COMP).

A recent development for meme coins like PEPE happened when the U.S. Securities and Exchange Commission (SEC) stated that meme coins are not subject to stock regulations.

This clarification from the regulatory body offers meme coins an avenue to further expand their market value. The expansion of PEPE cryptocurrency has been lagging behind leading digital coins and it continues to face competition from newly launched meme coins.

RTX: The Altcoin That Could Outshine SHIB and PEPE

Among all the new crypto presales, Remittix (RTX) stands out as one of the most exciting projects for 2024. With a price of $0.0757, RTX has already raised over $14.5 million and sold more than 528 million tokens.

What makes Remittix different from meme coins like SHIB and PEPE is that it has a real-world use case — solving the expensive and slow process of international money transfers.

If someone in the U.S. wants to send money to their family in Asia for example, traditional services can charge high fees and take days to complete the transfer. Remittix aims to change that by offering fast and low-cost transfers. Using PayFi technology, Remittix connects banks and crypto, allowing money to be transferred into local currency within 24 hours.

This ability to offer low-cost, fast and reliable cross-border payments has massive potential, especially if major remittance providers or payroll services decide to adopt the token. The global remittance market is estimated to be worth trillions of dollars and Remittix (RTX) could capture a significant portion of it with its rapidly expanding adoption.

The Future of Crypto Payments: Why Remittix (RTX) Is Worth Watching

As the crypto market continues to evolve, projects like Remittix (RTX) that focus on solving real-world problems are likely to outperform speculative tokens in the long run. While Shiba Inu and Pepe have demonstrated the hype-driven potential of meme coins, their reliance on short-term interest might not sustain them for long-term gains.

In contrast, Remittix’s practical use case in revolutionizing the global remittance industry positions it for sustained growth and adoption as people increasingly value efficient financial solutions.

For those seeking the next gem in the crypto sphere, Remittix (RTX) should be high on the radar. With its innovative take on cross-border payments, growing user base and the potential for major partnerships, Remittix could be poised for breakout success.