The crypto market is unforgiving! The recently launched TRUMP coin and its fading hype have again proven this. Investors that bought in on the hype are down 63% from ATH. However, OG meme coins like Shiba Inu and PEPE are showing signs of a comeback with whale activities and bullish technicals. But the real story? Wall Street investors are quietly backing real-world utility with the new Remittix PayFi protocol that has incited FOMO after raising $10M in presale.
Wall Street backs real-world value with the new Remittix PayFi solution
Remittix has been at the center stage for the past weeks. This new PayFi protocol is causing massive FOMO in its ongoing presale as Wall Street investors roll in for its innovative cross-border remittance solution. Just a few months after launch, Remittix has raked in over $9.6 million.
Remittix is taking decentralized payment to a whole new level with its crypto-to-fiat technology. Its inclusive platform builds on Ripple and Stellar Lumens’ legacy to offer a zero-fee, seamless, faster, and more efficient borderless solution for individuals and businesses.
Its passive income allure and up to 8% staking yield provide more rewards for Wall Streetinvestors who missed Ripple’s ascent in 2018. Fortunately, the price is still at $0.0498, and it’s the best opportunity to get in on this revolution early.
TRUMP coin is down 63% from ATH. Is the FOMO finally over?
Trump’s return to the White House incited the FOMO that the TRUMP coin had days before his inauguration. However, as the dust settled post-inauguration, the reality was far from the dream, and that was reflected in the TRUMP coin’s performance.
Despite flying sky-high to an ATH of $75, the meme token has dropped 63%. The reason? Silence. Trump’s inaugural address made no mention of crypto, leaving investors in limbo. Unfortunately, criticisms from industry experts waned investors’ confidence.
Shiba Inu predicted to hit new high despite faltering performance
Shiba Inu is back in the headlines after the TRUMP coin nearly dominated its place as the second-biggest meme coin. The technical outlook looks good for SHIB. Analysts have identified a descending wedge pattern that precedes a bullish reversal in Shiba Inu price.
Internal ecosystem developments are also fueling optimism. Recently, Shibarium opened a partnership with Chainlink to launch a swap and bridge protocol on Sib.io. This came after its highly anticipated SHIB: The Metaverse and TREAT token launches to boost utility.
PEPE down 54% ATH: A golden buying opportunity?
PEPE is another stalwart meme that has reached the spotlight for its enticing buy opportunity. The crypto market decline took a toll on PEPE’s price, plunging 54% below its ATH of $0.000028. This has left PEPE investors questioning whether this is the perfect time to buy the dip.
Whale activity is heating up. Accumulation and huge token movement hint at a longer-term conviction on PEPE. Adding to the bullish case, exchange supply drops as non-exchange wallets accumulate, reducing sell pressure.
Conclusion
The crypto market’s volatility reminds us that hype alone can’t sustain value! While seasoned meme coins like Shiba Inu and PEPE show promising signs of revival, the real future of crypto lies in utility-driven projects like Remittix PayFi, which prove to be the newest disruptor that could dominate the $1.5 billion global crypto payment gateway market.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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