Pepe coin frenzy & Shiba Inu hype fades while Remittix presale raises over $23.6M

4h ago•

bullish:

bearish:

The meme coin frenzy that once fueled explosive gains in Pepe Coin and Shiba Inu is starting to cool.

Both tokens are showing signs of weakening momentum, with whale sell-offs, fading retail interest and bearish technical patterns weighing on prices.

While speculative hype slows, capital is flowing into utility-focused projects.

Remittix (RTX) has quickly captured market attention, raising over $23.6 million in its presale and securing multiple CEX listings, positioning itself as one of the fastest-growing PayFi tokens of 2025.

Pepe coin struggles to hold momentum

After a parabolic run earlier this year, Pepe Coin is showing signs of fatigue.

PEPE trades around $0.0000097 with a market cap near $4.3 billion, but momentum is fading fast.

Pepe Coin Price Chart | Source: CoinGecko

Whale activity is a significant factor: large holders have been selling off, creating sustained pressure to drive down short-term confidence.

Open Interest in the futures market has also dropped, indicating speculative capital is abandoning the meme cryptocurrency.

Data indicates large wallets spreading assets, a behavior that generally anticipates longer consolidation or harsh corrections.

Traders doubt PEPE can regain its hype-driven momentum without new collaborations or utilities.

Shiba Inu faces bearish divergence

Shiba Inu has been one of the quietest large-cap tokens in recent months.

Over the last three months, SHIB has gained just 0.09%, essentially flatlining while other altcoins moved higher.

The token trades near $0.000012 at press time, down 1.4% on the day and more than 7% lower year-to-date.

Shiba Inu Price Chart | Source: CoinGecko

On-chain signals paint a bearish picture.

The Percent Supply in Profit metric sits at 24.3%, a mid-zone that often results in rangebound action, as profit-taking offsets new accumulation.

Meanwhile, RSI divergence on the 4-hour chart shows buying momentum weakening even as the price attempted to push higher.

Exchange activity also highlights waning demand.

The number of unique addresses withdrawing SHIB from exchanges has collapsed to a one-year low of just 452, reflecting limited appetite for long-term holding.

Unless this trend reverses, SHIB remains vulnerable to breaking below $0.000010 and retesting lower support.

Capital rotates into Remittix presale

As the hype around Pepe Coin and Shiba Inu fades, investor attention is shifting toward utility-driven projects.

Remittix (RTX) has emerged as a standout, raising over $23,6 million in presale in record time.

Remittix is building a PayFi network to bridge crypto and traditional finance seamlessly.

The project allows users to send more than 40 cryptocurrencies and have them settle directly into bank accounts across 30+ countries within 24 hours.

Flat fees, no hidden FX costs and transactions that appear like normal bank transfers make the experience accessible to everyday users.

For businesses and freelancers, the Remittix Pay API makes it possible to accept crypto while settling instantly in fiat, eliminating volatility risks.

And with the upcoming Q3 Wallet Beta, retail users will gain access to real-time FX quotes, smooth transfers and transparent tracking.

Why analysts see 50x+ upside for RTX

Unlike meme tokens reliant on hype cycles, RTX is entering a trillion-dollar industry with a working product pipeline.

Cross-border payments exceed $183 trillion annually and Remittix is designed to capture a slice by targeting retail adoption rather than waiting for institutional buy-in.

Key factors supporting the bull case include: