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Market Trends Review: Shiba Inu, Pepe Coin, and the Success of Remittix

Market Trends Review: Shiba Inu, Pepe Coin, and the Success of Remittix

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by Giorgi Kostiuk

2 days ago


The cryptocurrency market keeps surprising with new trends and projects. In this review, we look at significant events regarding Shiba Inu, Pepe Coin, and Remittix, which has become a topic of discussion due to its fundraising records.

Shiba Inu: Growth Trends and Token Burning

Shiba Inu (SHIB) is currently trading at $0.00001310, showing signs of activity against the backdrop of an expected U.S. interest rate cut. Markets have priced in a 100% probability of a rate reduction. Recently, nearly 1.25 million tokens were burned, indicating a rise in Shibarium's use and the token burning mechanism.

Pepe Coin: Hype Maintenance and Volatility

Pepe Coin (PEPE) is trading at $0.00001060 and has risen nearly 6% in the past week, despite its volatility. With a market cap exceeding $6 million, the project shows significant interest, although prices fluctuate between $0.000007082 and $0.0001. Analysis indicates a potential bullish reversal, but long-term investment confidence remains low.

Remittix: A New Player with Real Utility

Remittix (RTX) has become one of the most talked-about projects, raising over $25 million and selling more than 655 million tokens. The project already supports crypto-to-bank transfers in over 30 countries and is preparing to launch a beta version of its wallet with real-time currency conversion. This positions it as a record-holder among utility tokens with significant potential, unlike less practical meme cryptocurrencies.

The state of the cryptocurrency market shows that projects like Shiba Inu and Pepe Coin continue to attract attention, but Remittix, with its real applications and fundraising records, stands out as a new player capable of leaving a mark in history.

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