The meme coin market is currently seeing more volatility than usual and this week, both Shiba Inu and Dogecoin have tanked hard. In the last 24 hours, Dogecoin continues to fall, though Shiba Inu has been grappling and has managed to recover a small portion of its losses.
Even crypto investors who have long bought into meme coins are now getting fed up with their volatility. Many are choosing to buy into more utility-focused projects in hopes of better returns. Remittix (RTX) is one such project gaining attention. This new PayFi protocol takes a pragmatic approach to global payments, removing many of the inefficiencies that exist within traditional payment systems. So how will Remittix stack up against Shiba Inu and Dogecoin in 2025?
Dogecoin Dips By 21% In One Week
Dogecoin, the crypto sphere’s original meme coin, has been experiencing big movements lately. Last week saw its price decline by 21%. This drop came as Trump imposed controversial tariffs on its bordering countries; a move that is likely to rock America’s economy and by extension, the crypto space.
On-chain data shows that whales have been selling off stacks of Dogecoin, which is creating a cycle of panic among holders, prompting further sell-offs. Despite these swings, many Dogecoin holding addresses remain in profit, which acts as a reminder that Dogecoin has weathered storms in the past.
Shiba Inu Posts Defiant Surge After Month Of Losses
Shiba Inu (SHIB) too is seeing a catastrophic downturn. The token is down by 32% over the last 30 days, struggling to hold key support levels while the broader market wobbles.
Bizarrely, whale activity has exploded up 265% in large Shiba Inu transactions. Big money doesn’t usually move for nothing, so either they’re accumulating for a bounce or offloading while they can.
The Shiba Inu dev team have comprehensive plans for 2025 with updates to Shibarium and ShibaSwap, though it may be a case of ‘too little, too late’, as the asset continues to plummet to irrelevance.
Remittix Changes the Game for Global Payments
When the concept of cryptocurrencies was born, people excitedly discussed how it would make financial transactions easier, cheaper and borderless. More than a decade later and cryptocurrency is still exceedingly difficult to use for everyday payments. Sending funds, cashing out and paying for goods and services is usually a long-winded process, in which users have to deal with exchanges and other parties, often putting them off crypto all together.
To make matters worse, businesses will often not accept crypto because they do not want to deal with market volatility or figure out how to convert it to FIAT. Those sending money across borders are therefore stuck with traditional banking systems, plagued by high fees and slow transactions.
Remittix (RTX) is tackling these problems head on by bridging the gap between cryptocurrencies and traditional finance. It lets users convert more than 40 cryptocurrencies into FIAT currencies and for transfers to be sent across the globe within 24 hours.
Businesses also stand to benefit, especially those wanting to accept cryptocurrency but struggling with conversion and settlement issues. Remittix allows businesses to accept crypto payments while settling transactions in FIAT, removing volatility risk and the need for complex integrations. A merchant in India can now take payments in Ethereum or USDT and receive Rupees in their business bank account without touching an exchange. For larger businesses, the Remittix (RTX) merchant account provides full control over how to cash out, with options across more than 30 FIAT currencies and 50 cryptocurrency pairs.
The Remittix presale is currently in full swing, with early investors able to grab tokens for $0.0539. The project’s offering of deep utility within the high-value global payments sector has prompted analysts to project an 800% price increase during the presale phase. For those who want to push the boundaries of PayFi, Remittix (RTX) is a must watch project for 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
