XRP News Today: Remittix Gains Traction as Shiba Inu and Pepe Coin Struggle in August

August 2025 has brought contrasting fortunes in the cryptocurrency market, as Shiba Inu (SHIB) and Pepe Coin (PEPE) face downward pressure while Remittix (RTX) emerges as a strong contender dubbed as the next XRP rival. SHIB has been consolidating near $0.00001260, failing to reclaim its previous momentum above $0.00001400, while PEPE has slipped 4% in the past 24 hours and remains unable to break past $0.000012 [1]. Analysts are closely watching whether volume-driven rebounds will materialize for these tokens, as broader memecoin sentiment has cooled [1].

In contrast, Remittix is gaining traction through its presale, having raised over $19.5 million with 599 million tokens sold to date [1]. The project is positioned as a next-gen cross-border payment solution, integrating multi-chain interoperability, real-time foreign exchange (FX) conversion, and direct bank payouts across 30+ countries. These features provide a tangible use case that differentiates it from the sentiment-driven performance of SHIB and PEPE [1].

A 40% presale bonus for early buyers and a $250,000 giveaway have further fueled interest, while a completed Certik audit adds a layer of security and credibility [1]. Analysts predict that a liquidity surge could follow once the token hits a centralized exchange listing—expected after the $20 million fundraising target is reached—potentially sending the price 100x from its current presale level of $0.0944 [1].

RTX’s growth is also underpinned by its microcap status and focus on a niche sector. The launch of a beta web3 wallet in Q3 2025, which will support multiple blockchains and optimize gas fees, reinforces the project’s utility-driven approach [1]. With increasing institutional interest in payment-focused cryptos and a growing preference among whale investors for utility-based tokens, Remittix is well-positioned to outperform other altcoins in a shifting market [1].

As the broader crypto landscape continues to prioritize real-world adoption over speculation, RTX appears to be capturing attention that once belonged to XRP, offering a compelling case for investors seeking long-term value [1].

Source: [1] This New XRP Rival Continues to Go Vertical While Other Coins Struggle in August, (https://crypto.news/this-new-xrp-rival-continues-to-go-vertical-while-other-coins-struggle-in-august/)