The crypto market is in a heck of a bull run. The crypto market cap went from $1.7 trillion on January 1st, 2024, to over $3.4 trillion by year’s end. And it is not over yet. However, the market is cooling, and the meme coin family is the proverbial canary in the coal mine. Meme coins are the most reactionary. When the market goes up, memes go up first. When the market goes down, memes are the first to slow. Right now, the Shiba Inu price is highly encouraging, but it’s worth looking at trends. Indicators are that the meme coin market is cooling.
Fortunately, there are plenty of other investment options, such as the new PayFi token Remittix.
Remittix (RTX): PayFi token to go to the moon even in a downturn market
Not many tokens stand the chance of giving immense returns even after a bull market ends, but the proposition behind Remittix is so great it can make enormous yields even when the markets are down. Remittix has the groundbreaking capacity to allow its users to make crypto-to-fiat international payments.
This is the game changer: imagine being able to pay anyone almost anywhere in the world directly in the fiat currency of their choice, but doing it with crypto. International payments are slow, costly, and cumbersome. Sometimes, regulations are not just irritating but can make international payments impossible.
Remittix bypasses the system. Near instant transactions at a fraction of the cost without any paperwork and red tape to get in the way. The impact on the economy can be immense, and this is why Remittix can continue to grow and grow even when the crypto market is in a down cycle.
Shiba Inu (SHIB): Shiba Inu price trend cools
There’s an old investment adage that says, “When in doubt, zoom out”. This means not to be fooled by short-term movements but by long-term trends. In the short term, the Shiba Inu price is highly encouraging, up 14% in YTD figures. Anyone looking at the Shiba Inu price movement for the last week would think things are looking up.
The trouble comes in when zooming out, and we see that Shiba Inu is down 23% since its peak at the Trump Pump. And if that’s not bad enough, the Shiba Inu price is down 44% from its 2024 high. The same pattern holds true for other meme coins.
This is at a time when other tokens, like Sui, are heading their all-time highs and going up. The bull run is far from over, but the meme market is cooling, and it’s time to get into the altcoins while the going is still good.
Conclusion
Meme coins are great and have made many people a lot of money, but they are cyclical and usually ahead of the curve. The bull market is estimated to last about six more months. While meme coins are down, the investment opportunities in other altcoins are just getting started. Remittix is raising its hand to be the ultimate coin to hold, not just in a downturn market but in the long term, as the business case of Remittix is huge and will change the way people transact across the globe.
With over $2 million raised and 120 million RTX tokens sold in the process, Remittix is currently available for just $0.0185. Investors must keep in mind that Remittix is quickly becoming a market leading crypto with ambitious plans to revolutionize the PayFi arena for the better and need to be quick to snap up tokens before their price rises again!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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