Meme coins like Shiba Inu Coin (SHIB) boast some of the biggest gains in the crypto market. The SHIB price has grown by over 1 million percent since it started trading in 2021. However, the hype around meme coins looks to be dying lately as more altcoins with utility take the front stage in the crypto market. For instance, Hyperliquid (HYPE) has surged by over 100% in the past month, while SHIB has managed only a 3% gain within the same period. The latest shift in the crypto market has caused analysts to predict that more investors are seeking new crypto projects with utility, and the days of dog-themed meme coins leading the market gains may be over. That’s why altcoin whales are pitching their tents with Remittix , a new Ethereum-based token set to transform global payments, especially after a massive presale raise of over $15.4 million. Remittix shines with its exciting use cases The Remittix presale has taken the crypto market by storm after its strong presale success, which has seen it raise over $15.4 million in only a few months. The high demand for Remittix during presale has caused analysts to tip it as the best crypto to buy now, especially since its current price is under 10 cents. For context, investing in Remittix early already rewarded some investors with over 420% of their capital, and the market signs suggest that bigger gains are imminent, especially after the full project launch and RTX token listing. Also, experts are tipping projects like Remittix to outshine SHIB and several meme coins this year due to their utility. With Remittix, global payments can be simplified with a direct crypto-to-fiat conversion that allows individuals and businesses to send, receive, and move money from crypto to their local currencies in one place. There are 30+ fiat currencies supported on Remittix, so users have a range of options to choose from, whether they are sending money to others or receiving crypto payments from their global clients. HYPE overthrows established tokens The HYPE token reached a new all-time high of $39.93 on May 26, which was a result of the massive demand. The unprecedented demand for HYPE among investors drove its market cap to over $12 billion, surpassing established tokens like Sui (SUI), Avalanche (AVAX), and Chainlink(LINK). Source: CoinMarketCap The HYPE token has also become the talk of the crypto town after a 100% surge in the HYPE price in the past month. However, while HYPE investors are bullish, there’s a level of caution evident in the 32% bearish sentiment in the Hyperliquid community. SHIB shows dog tokens may have peaked The SHIB price rallied to $0.000017 on May 12, causing optimism among SHIB investors that a new yearly high could be in sight. However, the SHIB price has quickly tanked after two weeks of struggling to hold above $0.000015. In the past week alone, the SHIB price has declined by nearly 4%. Source: CoinMarketCap While the recent Shiba Inu Coin burn of almost 38 million SHIB tokens could potentially reverse the bearish trend in the SHIB charts, the odds of SHIB reaching a new all-time high or returning groundbreaking gains are low as investors move away from dog-themed assets without real utility. Conclusion Remittix has generated a high level of confidence among investors and is on course to outshine several established projects this year. At a current price of $0.0781, investors can lock in some RTX tokens at a bargain. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
