
Meme coins, love to hate them, hate to love them, but they changed the crypto landscape. While the big dogs of Doge and Shiba take up the headlines, it’s worth a peek at what the ‘alt memes’ are doing. Pepe Coin, Floki Inu, Bonk and Brett all have something to say. But are they worth listening to? But maybe it’s time to look past the vulgarity of the memes and admit maybe the time for feel-good internet lore is over and the time for utility tokens with real-world impact has come, even if memes are predicted to make 300%. Who needs 300% from memes when 100x is on the cards from tokens like Remittix? Let’s see how it all stacks up.
Pepe Coin (PEPE): King of the gainers leads pack, but is it enough?
Pepe Coin is up around 84% in the last 7 days and this is great news for any of the frog fans. Here’s the bad news, though. Even after a great rallying week, Pepe is still down 50% of its ATH it reached as recently as six months ago. Even if Pepe Coin manages a 300% increase from here, it would merely double its ATH. This means that those who lost their shirts when investing at peak would see a mere 2x return. For a token that gives the world millions of percent increase, 2x is a poor show, especially when mainstream tokens like XRP did better than that.
Floki the boat builder from the Vikings TV series gave rise to Floki Inu and for a while in 2021, it seemed the new meme coin was going to be the new Shiba. But as so often is the case with meme tokens, the fall was quicker than the rise. Floki did something unusual, though and it saw a second bite of the apple in 2024 when it reached its ATH. The classic meme coin rise-and-fall pattern held through and now Floki is trading at 30% of its ATH. 300% for Floki would not even get the token to its ATH, which it achieved in June 2024.
Bonk was the OG Solana-based meme coin and while it is the fifth-largest meme coin, Bonk is at a mere 40% of its ATH, after losing 60% of its value since its November ATH. The bad news is that 40% is good news. Bonk has already gained back some of its losses after an 80% plunge from November. It’s a steep climb back for Bonk and one needs to ask if the pattern holds, is the meme coin era over?
Lastly, we look at Brett, a blatant Pepe rip-off, which did reasonably well for a while and fell from grace. Like the above, Brett is now at less than half the ATH it achieved in December. The jury is in: Brett and its fellow meme coins are fun, irreverent and culturally relevant. But they make for really lousy investments. Memes are great fun when the going is good, but in a downturn market, you want function.
Remittix is the antithesis of meme coins. It does not rely on feel-good and brand recognition, but instead offers a solid use case that will see the token thrive in a downturn market and absolutely go ballistic in a bull market.
Remittix is a PayFi token which enables users to make global fiat payments using blockchain tech and cryptocurrency. This is the solution XRP promised, but never delivered. With Remittix, users can make international payments that clear immediately, cost almost nothing and take the hassle out of payments. This is what crypto was made for and for anyone with an ounce of investment nous, Remittix is the go-to coin to future-proof a portfolio. Even YouTube says Remittix is the coin to beat.
We need to thank meme coins for putting crypto in the public consciousness, but the reality is that Pepe Coin, Floki Inu, Bonk and Brett have made more people poor than they’ve ever made rich.
The real investment lies in tokens like Remittix, which is now available directly from their website at $0.0757.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io
Socials: https://linktr.ee/remittix
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