5 hours ago
13
A rally like Shiba Inu In 2021 is on every investor's lips now that XRP has been featured in plans for a possible US Crypto Reserve. Shiba Inu (SHIB) turned normal portfolios into fortunes overnight in 2021. Now, analysts believe that another altcoin; Remittix (RTX) , can do that breathtaking rally all over again, fueled by changing regulatory landscapes and bullish market conditions.
Could We See Another Rally Like Shiba Inu In 2021?
As per Coinmarketcap, Shiba Inu is exchanging hands at $0.00001408, 1.31% up in the last 24 hours, with a market capitalization of $8.27 billion and trading volume rising 201.93% to $459.28 million. uKastlFatu revealed Ethereum's April update would be another SHIB driver.
If that materializes, some are of the opinion that we might witness a recurrence of Shiba Inu in 2021—a trend that triggered mainstream interest in meme coins.
Source: Coinmarketcap
Meme-based tokens are highly reliant on social media buzz and community. Shiba Inu capitalized on these elements by climbing the ranks, with many comparing it to Dogecoin in going viral. Yet, such projects can falter if utility is not apparent, so it remains to be seen if lightning strikes twice in the same place.
XRP in the US Crypto Reserve: A Shiba Inu Like Rally Incoming?
The newest update at Mitrade is that XRP, Solana (SOL), and Cardano (ADA) are included by former President Trump's digital asset executive order as possible additions to a proposed US Crypto Reserve. While the reserve is not formal, the fact that XRP was mentioned has already sparked talk of regulation and adoption.
Some lawmakers are in favor of a Bitcoin-only strategy, but Trump's proposal is focused on multiple tokens, which broadens the possibilities for the market.
The possible institutional focus on some of the altcoins could drive the narrative of a rally similar to Shiba Inu in 2021, especially if mainstream endorsements are backed by new sources of liquidity. But regulatory certainty is still crucial. Without coherent policies, high-volume inflows may get held back, even for coins being discussed in government circles.
Remittix: Positioned for a Rally Like Shiba Inu In 2021?
While XRP and Shiba Inu hog the headlines, there's one more token that flies under the radar: Remittix. Priced at $0.0694, this PayFi-focused project has already garnered more than $13.4 million, with more than 513 million tokens sold.
Remittix is no meme or speculative coin but is determined to combine blockchain technology with day-to-day financial services, addressing real-life problems in cross-border payments.
Think of a freelance graphic designer in Southeast Asia who wants to invoice clients in Europe without paying exorbitant wire fees or waiting for tediously slow transfers. Remittix easily converts crypto-to-fiat, depositing funds directly into a bank account with clear, flat fees.
This usability is far from hype-driven tokens. If sufficient individuals and businesses catch on to Remittix, some analysts anticipate that it could spark a rally like Shiba Inu in 2021 but backed by real-world use cases.
PayFi unites crypto's speed and low expense with traditional finance's established constructs, promising a frictionless experience. Merchants could take digital assets as payment, settle them automatically into fiat, and avoid the volatility that discourages mainstream usage.
From e-commerce platforms to remittance-focused NGOs, Remittix has wide industry appeal. With the worldwide volume of cross-border transactions, a service such as this could easily disrupt traditional banking channels.
Traditional remittance channels have plenty of middlemen who insert fees and delays. Remittix's dashboard pledges to eliminate that friction, so it should be attractive to the unbanked, small businesses, and even enterprises.
With an exponentially expanding user base, the token may see a run like Shiba Inu had in 2021—but one based on repeat transaction volumes instead of mere social media hype.
Beyond the Meme: Real-World Use Fuels the Next Rally
Shiba Inu's story in 2021 showed the speed at which a community-driven token might get into the limelight. But the next rally like Shiba Inu in 2021 could be different, with the focus less on memes and more on service tokens. As Trump's US Crypto Reserve discussions continue, and Shiba Inu eyes Ethereum's April upgrade, altcoin enthusiasts have to consider how utility affects long-term viability.
Remittix is characterized by solving a real pain point—cross-border payments—providing a sounder foundation than tokens that are purely speculative. At the same time, XRP regulatory news can accomplish the same in setting a new precedent for mainstream acceptance of digital assets.
Combined, they suggest that the wider crypto market ever more turns to solutions with tangible utility, yet meme-fuelled hype still has its strength as a potent propellant.
Head to the Remittix presale to see if PayFi can be the one to spark the next rally like Shiba Inu in 2021 but on the back of actual utility. With governments pondering official crypto reserves and companies seeking optimized payment flows, Remittix could tap into an enormous market deprived of modernized finance.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
English (US) ·