Shiba Inu and Trump Coin Lose Steam as Remittix Gains 21% in Two Weeks

Shiba Inu and Trump Coin are experiencing a decline in momentum, despite the broader crypto market gaining traction. Traders who once championed meme coins are now focusing on tokens with practical applications and real-world utility.

One token that has garnered significant attention is Remittix, often referred to as “XRP 2.0.” Its mission is to simplify and expedite crypto-to-cash transfers, making the process more accessible for everyday users. This focus on utility has attracted the interest of savvy investors.

Shiba Inu (SHIB) has seen a modest 5.11% gain in the last 24 hours, but this increase has not been enough to regain market confidence. Despite a 21% rise over two weeks, SHIB remains 25% below its levels from last year. Analysts have noted a breakout from a long-term bear trendline and a reclaimed support at $0.0000147, which was previously a major resistance. However, the overall sentiment remains lukewarm. Although SHIB has formed a bullish chart structure and retested key levels, the momentum appears to be waning. Traders are increasingly shifting their focus to newer projects like Remittix, which offers cross-border payment solutions and is riding a wave of optimism and utility-driven hype.

Trump Coin, which made headlines with a $100 million investment pledge from TRON founder Justin Sun, has also failed to maintain its initial momentum. The token’s price has dipped since Sun’s initial holdings were valued at $19 million earlier this year, now closer to $12.6 million. The collaboration was intended to boost both TRON and Trump Coin’s visibility, but mainstream traction has remained limited. Investors seem to prefer tokens that offer real utility over those that rely on political fanfare and high-stakes backers.

In contrast, Remittix is gaining traction as a token with genuine utility. Unlike many meme coins, Remittix is designed to address real pain points in cross-border finance. It eliminates intermediaries, allowing users to convert crypto to fiat instantly without fees or delays. This is particularly beneficial for unbanked populations, enabling smooth, wallet-to-wallet transfers globally. For developers and businesses, its Pay API simplifies crypto settlement. Remittix serves over 1.4 billion unbanked users worldwide, offers crypto-to-fiat conversions in over 30 local currencies, enables microtransactions with near-zero fees, and supports payment apps and platforms with smart contract capabilities. These features make Remittix an attractive option for investors looking for tokens with real-world applications.