While meme coins have made many people a lot of money, their biggest issue is a lack of fundamentals. Their only value comes from community say-so. There are many positive things one can say about that, including the embodiment of pure decentralization but the fact is that this makes meme coins a zero-sum game. For someone to make money on a meme coin, somebody else needs to lose. This is why people are moving away from tokens like Pepe Coin and Shiba Inu to altcoins with actual intrinsic value, where a gain in price is thanks to a gain in value, not because somebody else lost. A great case in point is the new altcoin Remittix.
Remittix (RMX): An altcoin to invest in for the future
When it comes to purpose and utility, few tokens come with more utility than the new altcoin Remittix. Remittix does what XRP has promised for years but never delivered: seamless, near-instant crypto-based cross-border transactions. Remittix goes one further, though. This altcoin bypasses the banking system completely yet still allows its users to make crypto-to-fiat payments in any of over 100 fiat currencies.
This is an absolute game changer, as companies no longer have to wait several days and pay exorbitant fees to transfer money across borders. Remittix is the definitive game-changer and is the altcoin responsible for finally closing the crypto-fiat gap. This altcoin is huge and offers the best investment opportunity of the year.
Pepe Coin (PEPE): Market share plummets in meme coin meltdown
Pepe Coin is down almost 35% in year-to-date figures. Compare that with tokens like Bitcoin, XRP and Solana, which are all up appreciably. The market is in a bullish phase and meme coins like Pepe cannot blame a market turndown for their change of fortunes.
The reality is far more mundane. By its own admission, Pepe Coin is worthless. It has no value apart from what the community says it does. This is true for all meme coins but Pepe Coin is finding out the hard way that when it comes to brass tacks, investors want utility, not feel-good.
Shiba Inu (SHIB): More meme coin losses
Shiba Inu isn’t down as much as Pepe, but it is still down, ‘only’ 12% in year-to-date figures. Shiba Inu has been around longer than Pepe Coin and has a much higher market cap, but it is also now coming to terms with the fact that meme coins are not sustainable in the long term.
While it would take a very cynical outlook to declare Shiba Inu ‘useless’ (it has made several millionaires and at least one billionaire), the fact remains that unless there is a use case found for Shiba Inu, it will tend to zero.
Conclusion
Meme coins were great fun and we need to thank them for their pioneering work, but the fact of the matter is that when it comes to serious investing, you need more than sentiment. Shiba Inu and Pepe Coin come up short.
Functionality and utility are what drive economies and altcoins that have intrinsic value carry the modern crypto economy. This is why Remittix has already gained over $10 million in liquidity: it’s the antithesis of worthless meme coins.
Investors can now acquire Remittix during presale at $0.0521 directly from the website.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials:https://linktr.ee/remittix
