The crypto market has undergone a major shift, and the biggest winners are the projects that offer real-world utility. While meme coins such as Dogecoin and Shiba Inu continue to face steep losses, the landscape is looking bleak for projects without tangible practical applications.
While some Dogecoin and Shiba Inu loyalists are holding their tokens in hopes of a resurgence, some have decided enough is enough, and are selling up shop to pump funds into Remittix (RTX), an emerging PayFi champion.
This platform is eliminating the obstacles preventing crypto from being used as real money. By offering instant crypto-to-FIAT conversion and direct bank transfers, Remittix is solving one of the longest-standing issues in digital finance: the inability to seamlessly move between crypto and traditional banking.
So what will Q1 have in store for these three projects?
Dogecoin’s Downward Spiral: What’s Behind the 36% Drop?
Dogecoin (DOGE) has taken a significant hit recently, with its price plummeting 36% over the past month.
One major factor contributing to this volatility is the concentration of holdings. A staggering 41.7% of DOGE is held by whale addresses, meaning a small number of large holders can heavily influence the market.
With this centralization comes sharp price swings for Dogecoin, since big buy/sell moves by these whales can change the token’s value dramatically in short timeframes.
However, there is a silver lining despite these challenges. Dogecoin is increasingly carving out its place as a digital tipping currency on some online streaming platforms, allowing content creators to receive small donations from their audiences.
This use case could help Dogecoin escape its reputation as a meme coin without any real utility, which in the long run, could help Dogecoin stabilize.
Shiba Inu (SHIB) Sees 22% Monthly Drop
Shiba Inu has seen a steep 22% dip in the last month and investors are nervous to say the least. But their worries have been partly alleviated in the last 24 hours as Shiba Inu has seen a 2.3% price revival.
This latest uptick gives hope, suggesting that the tides may be turning, but the overall outlook for Shiba Inu remains bearish. Critics of Shiba Inu suggest it lacks any obvious growth catalysts, as well as the general decline in meme coins that 2025 has seen so far.
Though Shiba Inu’s rise in the last 24 hours is promising, a quick look at the asset’s price chart serves as a solemn reminder that it will always be a volatile asset.
Shiba Inu’s Price Chart (Last 30 Days)
On the technical front, the developers are gearing up for the release of the Shiba Hub, slated for 2025. The vision for this update is to create a central hub which will host all Shiba Inu related assets, forums, projects, and news.
While this update could offer users more utility if it goes well, it is unlikely to be enough to reverse Shiba Inu’s downward movement by itself.
Why People Are Using Remittix
While crypto was meant to revolutionize finance, the reality is that spending digital assets is still a major challenge.
Crypto holders still struggle to cash out their funds efficiently, facing slow processing times, high exchange fees, and banking restrictions.
Remittix (RTX) is putting these issues to bed by allowing users to convert over 40 cryptocurrencies into FIAT instantly while making swift global transfers.
For users like Carlos, a freelancer in Mexico, this means he can convert his Bitcoin earnings into Pesos instantly, rather than waiting days for exchange approvals.
Similarly, Emma, a UK resident sending money to her family in Nigeria, can use USDT knowing it will be converted into Naira and received the same day without excessive remittance fees.
Remittix is also becoming a favorite for its focus on privacy. As financial institutions tighten regulations and monitor transactions more aggressively, users are looking for more secure alternatives to manage their funds.
Traditional banks track every transaction, impose unnecessary limits and can even freeze accounts without notice, restricting financial freedom.
Remittix provides an alternative, ensuring that recipients receive a standard bank deposit with no indication that the payment originated from crypto. This gives users more control over their financial transactions, without excessive oversight or third-party interference.
For individuals in regions where financial access is limited, this level of autonomy is essential.
Remittix Soars In Presale, Surpassing $12.9 Million Raised
Investors continue to flock to the Remittix presale where they are picking up tokens for just $0.0671 in the current stage. This accessible entry point is only adding fuel to the fire as interest continues to rise.
As it steps up to carve out a large slice of the $190 trillion global payments sector, analysts have predicted an explosive 800% price rise for Remittix during its presale phase, with a further rally expected post-launch.
For any investor looking to stay ahead of the curve in 2025, this is not a project to sleep on.
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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