Throughout 2022, Shiba Inu and Pepe were popular among investors, but their growth has recently slowed down. Investors are turning to more stable projects with real functionality.
Analysis of Shiba Inu and Pepe Market
As of now, Shiba Inu's price is $0.00001369, down 5.61%, with a market capitalization of $8.07 billion. Daily trading volume has dropped by 42.34% to $354.54 million. These figures indicate that, despite SHIB's universal popularity, high volatility raises concerns among long-term holders.
Pepe is similarly facing difficulties, currently valued at $0.00001119, down 8.66%. While its market capitalization stands at $4.7 billion, a 48.14% decrease in trading volume makes it less attractive. These numbers highlight growing investor interest in projects that provide tangible solutions rather than relying on speculation.
Advantages of Remittix Project
The Remittix project stands out among meme coins as it addresses real issues in the cross-border transactions market, valued at $19 trillion. Its network facilitates crypto-to-bank transfers in over 30 countries with real-time currency conversion and very low fees. During the presale, over 662 million RTX tokens were sold, raising more than $25.6 million. The project has also recently listed on exchanges like LBANK and BitMart.
Launch of Remittix Wallet Beta
Currently, significant attention is directed towards the Remittix Wallet Beta, set to launch on September 15. This tool will allow users to send cryptocurrency directly to banks, bridging decentralized exchange assets with traditional finance. Additionally, the Remittix referral program incentivizes users with a 15% reward in USDT for bringing in new participants, further driving community growth.
Shiba Inu and Pepe are showing a decline in investor interest, indicating a need for projects with stronger fundamentals. With its functionality and successful launches, Remittix could take a leading position in the cryptocurrency market in the near future.
