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Cryptocurrency News Articles
Trump Flips Pepe and Even Shiba Inu Briefly; Investors Believe This Low-Cap Crypto Will Do The Same
Jan 22, 2025 at 09:30 pm
It’s been an eventful week for meme-loving traders. President Trump’s recently released token became the second-largest meme coin by market cap, surpassing both PEPE and Shiba Inu (SHIB).
President Trump’s recently released token has been making waves in the crypto world, quickly becoming the second-largest meme coin by market capitalization, surpassing both PEPE and Shiba Inu (SHIB). This rapid ascent highlights Trump's significant influence on meme coins, a market segment known for its swift and dramatic shifts.
As the spotlight shines brightly on Trump's token, some investors are keeping an eye on another low-cap altcoin that they believe could experience a similar surge—Remittix (RTX). With $4,450,000 raised and 250,000,000 tokens sold so far, this project has attracted the attention of traders seeking the next big breakout star.
When PEPE first arrived on the scene, many anticipated it would become the next internet sensation, rivaling the likes of Dogecoin. However, with the launch of Trump's new token, PEPE's value quickly dipped.
Analysts note that meme coins are inherently volatile, and while some short-term speculators may still hope for PEPE to rebound, Trump's surprise entry into the meme coin arena appears to have disrupted its momentum. Critics also suggest that Trump's influence extends beyond his own token, as his presence has sparked renewed interest in the entire meme coin category, potentially overshadowing previous favorites like PEPE.
Shiba Inu (SHIB) also encountered a setback once Trump's token began its astronomical rise. At first glance, Shiba Inu (SHIB) has a strong presence in the meme coin space. However, the dog-themed token fell behind in the race for market capitalization as Trump's coin soared past $13.5 billion.
Some wonder if Shiba Inu (SHIB) will be able to stage a comeback or if traders will continue to shift their attention elsewhere. Despite once surpassing Dogecoin in the hype, SHIB's attempt to regain the spotlight may be hindered by a high-profile figure entering the meme coin scene.
While the meme coin market experiences its own unique brand of turbulence, Remittix (RTX) has been quietly achieving major presale milestones. This project aims to revolutionize global remittances by enabling users to convert crypto into fiat and deposit those funds worldwide.
Investors who pursued quick profits with PEPE or Shiba Inu (SHIB) may now be turning their attention to an altcoin with stronger fundamentals. If this project succeeds in its mission to modernize cross-border transfers, it could experience a surge in value, similar to how Trump's token ascended rapidly.
Despite not being a meme coin, Remittix (RTX) has drawn attention for its potential to disrupt a massive industry.
Conclusion
Trump's new token has demonstrated his ability to swiftly alter the meme coin rankings, leaving PEPE and Shiba Inu (SHIB) struggling to maintain their positions. Amidst this chaos, Remittix (RTX) stands out by pursuing a contrasting path—real utility instead of whimsical branding.
While it may not garner the instant fame of a presidential endorsement, Remittix (RTX) could potentially replicate a similar surge if its remittance-focused vision gains traction. In a market where hype can vanish as quickly as it arrives, many investors now seek the next breakout star. For some, that star is Remittix (RTX).
) , a low-cap crypto they believe will follow in the footsteps of Trump’s newly minted meme coin success.
Dive in now and discover why Remittix is the next big thing
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- WallitIQ (WLTQ) Presale Eyes Major Gains, Experts Favor the Wallet Token to Outshine NEAR Protocol (NEAR) and Chainlink (LINK) This Cycle
- Jan 23, 2025 at 07:05 am
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