Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.
TRUMP Coin Skyrockets 190% in 24 Hours, Surpassing SHIB and PEPE, While Remittix Secures $3.85M for Remittance Growth.
The sudden ASSET The launch of meme coin stole the spotlight from popular meme tokens like Shiba Inu (SHIB) and Pepecoin (PEPE). Early buyers of TRUMP have seen explosive gains, with the price currently sitting at around $54.90. This coin saw an epic price rise of over 190% in just 24 hours, from $17.15.
This enthusiasm has overshadowed other meme assets, leaving some SHIB and PEPE holders concerned about declining volumes and enthusiasm. Meanwhile, another token known as Remittix (RTX) continues to make progress in cross-border remittances, securing over $3,850,000 in funding so far!
Shiba Inu: decreasing demand
Recent data indicates that the Shiba Inu is losing momentum. Although SHIB became famous due to its enthusiastic community and rapid advancements in the past, the focus shifts after the launch of the TRUMP coin. Some observers say Shiba Inu no longer generates the same buzz, especially as mainstream media focuses on the new TRUMP token’s price surge.
As SHIB developers have teased the expansive ecosystems and DeFi components, the immediate hype has cooled, perhaps steering traders toward alternatives promising more tangible returns.
Pepecoin: Another coin in trouble?
Likewise, Pepecoin is also feeling the effects of the meteoric rise of the TRUMP token. The coin’s value has fallen since Friday, sliding about 5% as investors look for bigger opportunities. Observers note that PEPE has carved out a niche in the coin world by exploiting internet culture, but the overshadowing presence of the TRUMP token could challenge that strategy.
Many believed that the PEPE had greater room for maneuver; However, the current downturn indicates that meme coins may lose steam when a more dramatic story attracts market attention.
Launch of the Trump meme coin: the frenzy explained
The launch of the TRUMP meme coin was nothing short of dramatic. Officially deployed on Solana, the token rose from $17.15 to $54.90 in the last 24 hours, still delivering massive gains to early participants. Notably, the coin has been listed on major custodial platforms and non-custodial exchanges, generating a trading volume of over $9.6 billion and reaching a market capitalization close to $6 billion.
Enthusiasts see the TRUMP token as an extension of the former president’s pro-crypto stance, while skeptics question whether hype alone can support these valuations. Meanwhile, coin favorites like Shiba Inu and Pepecoin have taken a back seat.
Remittix: A different approach
Amid the coin chaos, Remittix is pursuing a more practical path. By allowing users to convert various cryptocurrencies into fiat currency and deposit funds directly into bank accounts around the world, RTX tackles high fees and confusing fund transfer processes. The project has now raised over $3,800,000 and sold over 210,000,000 tokens at a new increased price of $0.0221, highlighting strong community support. While meme pieces can disappear as quickly as they appear, Remittix offers a service that goes beyond Internet jokes, something that could attract more stable, long-term interest.
Conclusion
The symbolic scene rarely remains still. Shiba Inu and Pepecoin once dominated headlines, but the TRUMP token’s explosive debut changed the narrative almost overnight. Now the field is opening for tokens like Remittix that prioritize real-world applications. Whether or not TRUMP coin retains its elevated position, the broader lesson is clear: hype can change in the blink of an eye, and projects offering tangible benefits may hold the key to lasting success in a crypto landscape constantly evolving.
To learn more about Remittix, visit website and his social.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.