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Cryptocurrency News Articles
TRUMPCOIN & Shiba Inu Make Way For Crypto’s Fastest Growing Utility Token Remittix
Feb 19, 2025 at 02:09 pm
Trumpcoin (TRUMP) once garnered massive attention due to its association with U.S. President Donald Trump. It launched at just a few dollars but surged to an eye-popping $75 at its peak
Trumpcoin (TRUMP) and Shiba Inu (SHIB) have recently faced difficulties in capturing market attention. As a result, investors are turning to other projects for promising opportunities. One token that has emerged as a fast-growing utility token is Remittix (REMIT).
Trumpcoin, once a highly sought-after token due to its association with former U.S. President Donald Trump, is now trading at a fraction of its former glory. Initially priced at a few dollars, TRUMP soared to a peak of around $75 during its height, commanding a market cap of nearly $13 billion.
Enthusiasts could acquire tokens simply by purchasing merchandise on pro-Trump websites, contributing to an early wave of speculation. However, times have changed drastically.
Currently, TRUMP is valued at $0.000000007334, experiencing a decline of 8% in the last 24 hours. It has also faced a substantial drop of over 75% from its highs, partly attributable to a broader slowdown in the crypto market.
Concerns persist regarding the token distribution, with investors expressing apprehension that a large supply could potentially flood the market. This sell-side pressure continues to weigh on TRUMP, hindering its short-term rebound possibilities.
While some holders remain loyal to the token, others view these challenges as an indication to shift towards tokens with stronger fundamentals.
Shiba Inu, also facing hurdles, is priced at $0.00001534, with its cost largely influenced by meme-coin sentiment and community-driven hype.
Technical analysis for 2025 suggests a minimum price of $0.0000113 and a maximum of $0.0000231, indicating a wide spectrum of possibilities.
Recent data highlights the withdrawal of 151.61 billion SHIB coins from Coinbase, sparking questions about whether it signifies accumulation or merely a reshuffling of wallets.
The daily chart signals remain weak, despite a market structure shift on the four-hour chart. Analysts have identified $0.0000154–$0.0000157 as a short-term target and $0.0000174 as a potential pullback zone.
Although SHIB has soared in popularity, it has yet to fully shed the meme-coin stigma, leaving investors uncertain about its staying power. Additional catalysts, such as large-scale partnership announcements, could help, but until then, many are wary of unpredictable price swings.
In contrast to these tokens, Remittix has emerged as a promising project, priced at $0.0628. The altcoin has already raised over $12.3 million in its ongoing presale.
A large number of tokens, exceeding 465 million, have been quickly snapped up, reflecting a market eager for genuine utility. While meme coins often rely on social media buzz, Remittix tackles a pressing issue.
Its PayFi protocol enables anyone to effortlessly transfer crypto directly into FIAT, depositing it into a recipient’s bank account.
Imagine a freelance programmer in Thailand invoicing a client in Germany. Instead of grappling with wire fees or setting up complicated crypto wallets, they can accept stablecoins through Remittix, which instantly converts the digital assets into Thai baht.
By bridging the gap between crypto enthusiasts and everyday banking processes, Remittix positions itself for mass adoption. Investors are particularly impressed by the project’s team tokens and liquidity being locked for three years, demonstrating its commitment to a long-term vision.
This measure drastically reduces the risk of rug pulls—a key concern in the current market environment.
Shiba Inu and Trumpcoin both have their niche appeal, but they lack the tangible functionality that Remittix brings to the table.
While Shiba Inu has implemented burn strategies and hinted at metaverse plans, it still largely hinges on meme culture and community momentum. Trumpcoin, meanwhile, faces difficulties tied to its politically charged brand and market skepticism.
Remittix, on the other hand, sets its sights on global finance. Already, numerous analysts predict it could witness explosive growth in the coming bull run, potentially outshining both meme coins.
Its target audience stretches from the developed world to emerging markets, offering a seamless route for transferring funds without the hassle and high costs often seen in banking systems.
With a presale that has already raised over $12.2 million and 465 million tokens sold, Remittix is well on its way to redefining how we move money globally.
Remittix offers a solution that could transform everyday finance. Investors, tired of chasing meme coins lacking substance, are turning to this rising star for a more secure, promising path forward.
While time will reveal which tokens deliver lasting value, Remittix seems poised to become the fastest-growing utility
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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- The crypto space has witnessed a significant influx of Tether (USDT) worth $450 million into exchanges throughout February 2025. This surge in stablecoin liquidity has raised interest about its potential to reignite Bitcoin (BTC)'s price momentum.
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