This week, Dogecoin and Pepe are trending with increasing trading volumes, while Shiba Inu faces challenges.
Dogecoin and Pepe on the Rise
Dogecoin and Pepe show volumes nearly tenfold higher than Shiba Inu at $0.00001350. These meme coins are gaining significant attention from traders amid the current market growth.
Shiba Inu Faces Volume Challenges
Although Shiba Inu (SHIB) saw a slight price increase of 1.31%, trading volumes remain low at $322.46M. Despite ongoing token burns and Shibarium news, experts believe that SHIB requires stronger catalysts to compete with new DeFi tokens and meme coins.
Remittix’s Potential and Unique Utility
Remittix (RTX), a new player in the cryptocurrency market, raised over $16 million in presale and is generating fresh interest in this altcoin season. Unlike most meme coins, Remittix offers real utility, addressing the $19 trillion international payment issues. It plans to launch a wallet enabling users to transfer crypto to bank accounts across more than 30 countries.
Given the growing trading volumes of meme coins and the practical interest in Remittix, traders and investors are responding to the dynamic changes in the cryptocurrency market. Stay tuned for updates to not miss out on opportunities in this fast-moving sector.
