Price: $0.16114 -9.2901%
Market Cap: 23.91B 0.9008%
Volume (24h): 2.58B 0%
Dominance: 0.9008%
Price: $0.16114 -9.2901%
Market Cap: 23.91B 0.9008%
Volume (24h): 2.58B 0%
Dominance: 0.9008% 0.9008%
  • Price: $0.16114 -9.2901%
  • Market Cap: 23.91B 0.9008%
  • Volume (24h): 2.58B 0%
  • Dominance: 0.9008% 0.9008%
  • Price: $0.16114 -9.2901%
Home > News > Remittix Continues To Blast Past Dogecoin & Shiba Inu As Holders Nab 3.4x Returns!

Remittix Continues To Blast Past Dogecoin & Shiba Inu As Holders Nab 3.4x Returns!

Release: 2025/03/05 14:07 Reading: 353

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/67c7e3a29c577a2d880ac6bb

Shiba Inu and Dogecoin remain popular among meme coin enthusiasts, despite a growing trend toward utility tokens. While these meme coins dominated headlines during previous bull markets, Remittix's remarkable 3.4x return has captured significant attention.

The question remains: can the price momentum of meme coins keep pace with newer projects offering practical applications?

Shiba Inu's Recent Activity

Shiba Inu is experiencing renewed interest. Currently priced at $0.00001408 (a 1.31% increase in the last 24 hours), it boasts a market cap of $8.27 billion. A 201.93% surge in 24-hour volume to $459.28 million fuels speculation of a potential resurgence. Some, like uKastlFatu on Twitter, suggest Ethereum's April upgrade could act as a catalyst for SHIB.

However, questions remain about Shiba Inu's long-term performance in a market increasingly valuing real-world utility. While President Trump's executive order mentioned tokens like XRP, SOL, and ADA, it didn't specifically address meme coins. The Shiba Inu community hopes continued support and ecosystem growth will drive another rally.

Dogecoin's Potential Golden Cross

Dogecoin is trading at $0.2198, up 5.47% in 24 hours, driven by a 302.87% increase in volume to $4.02 billion. A post by David Dogecoin highlights a potential "golden cross"—the 100-day moving average crossing the 200-day moving average—a technical indicator historically suggesting a bullish price trend.

Like Shiba Inu, Dogecoin's trajectory is heavily influenced by social sentiment. While concerns exist regarding institutionally-friendly assets for a potential US Crypto Reserve (as voiced by Senator Cynthia Lummis and others), meme coin enthusiasts view each speculative cycle as an opportunity. Dogecoin's success hinges on whether these positive technical indicators translate into sustained long-term growth.

Remittix: A 3.4x Success Story

Unlike Dogecoin and Shiba Inu, Remittix has achieved a 3.4x return relatively under the radar, leveraging its PayFi bridge connecting blockchain and traditional finance. Trading at $0.0694, the token has already sold over 515 million units, raising nearly $13.5 million in its presale.

Instead of relying on community hype, Remittix targets the vast global remittance market by offering instant crypto-to-fiat conversions. This addresses a real need, such as for South American businesses importing goods from Asia who can receive crypto payments and instantly convert them to local currency, avoiding delays and hidden fees.

Remittix offers users significant cost savings and faster transactions, appealing to businesses and freelancers alike. Its user-friendly interface simplifies transactions, making the platform accessible even to those unfamiliar with complex blockchain technology. This positions Remittix as a potential leader in cross-border transactions, a space often anticipated to be dominated by tokens like XRP or SOL. By offering a real-world solution, Remittix has overcome market skepticism and outperformed many currently popular meme coins.

Meme Coins vs. Utility Tokens: Can Shiba Inu and Dogecoin Compete with Remittix?

Shiba Inu and Dogecoin remain central to crypto culture, driven by strong communities and viral moments. However, Remittix's rapid growth highlights the appeal of utility-focused projects to investors seeking more than short-term gains.

Even with the possibility of a US Crypto Reserve—potentially benefiting XRP, SOL, and ADA—the high-risk, high-reward potential of meme tokens continues to attract traders.

The future performance of Shiba Inu and Dogecoin depends on factors such as network innovation, celebrity endorsements, and overall market sentiment. Meanwhile, Remittix quietly progresses by solving real-world problems, carving a niche in the evolving crypto landscape.

The coming months will reveal whether meme coins maintain their dominance or if utility-driven platforms lead the next wave of adoption. The Remittix presale offers a glimpse into how PayFi could revolutionize cross-border payments, while Shiba Inu and Dogecoin continue their battle for meme coin supremacy. Remittix's trajectory suggests it could be the next major success story in a market known for its volatility.

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