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Meme coins are still a point of fascination for the cryptocurrency universe, but the latest US Crypto Reserve snub has Shiba Inu and Dogecoin holders questioning their next move. The two tokens still have enormous followings, but the fact that XRP, Solana, and Cardano were named in President Trump's proposal indicates high-level interest is looking elsewhere.
Meanwhile, some investors are finding shelter in the broader market as they look to secure profits or pursue new prospects.
Trump's latest executive order on crypto mentioned XRP, SOL, and ADA in the context of a possible future US Crypto Reserve. Although it did not formally establish the reserve, the mention gave proof of priority given to tokens with institutional or utility-based perceived value. Shiba Inu and Dogecoin were omitted as meme coins, most probably because they were called into question for speculation.
Senator Cynthia Lummis advocates for a Bitcoin-focused approach, citing another avenue that circumvents meme coins. Dogecoin and Shiba Inu proponents counter that community-driven tokens introduce a special type of cultural significance.
Policy debates, however, lean toward projects with specific real-world uses, which may be the reason meme coins were not at the center of these discussions.
Shiba Inu is currently trading at $0.00001319 with a market cap of $8.27 billion. Its 24-hour volume jumped 201.93% to $459.28 million, and experts attribute the fortunes of SHIB to the April upgrade on Ethereum.
As per uKastlFatu's tweet, the network update can provide the much-needed impetus for Shiba Inu. Nevertheless, skeptics question whether meme coins can survive independent of the hype that they had in bull markets.
Dogecoin registers its own strength, trading for $0.199, with a market capitalization of $32.62 billion. Its 24-hour volume spiked 291.46% to $4.01 billion. Fans cite tweets such as CryptooELITES' assertion that DOGE could reach $5 soon. However, questions remain if meme coins are still simply speculative or could actually be functional payment instruments.
Whereas meme coins are walking on untrodden paths, Remittix is a more utility-oriented project gaining traction among investors. Trading at $0.0694, it has already sold over 515 million tokens during its presale, with close to $13.5 million in funds raised.
Unlike the majority of meme coins, Remittix is tackling real-world payment issues, merging the speed of blockchain with traditional finance in a PayFi model that seeks to facilitate cross-border transactions.
Consider, for example, the Southeast Asian freelance designer who depends on prompt payment by European clients. Crypto conversion to local currency can be inconvenient, particularly for those users accustomed to meme coins.
Remittix seeks to remove that by automatically converting incoming crypto to fiat at transparent fees and without surprise conversion fees. Small businesses attempting to go global also value easy invoicing and quick settlement.
Remittix's intuitive dashboard lowers the intimidation factor that is normally linked with blockchain. That's a difference from meme coins, whose prices can see wild swings based on social media sentiment. If Remittix is able to maintain its momentum, it could appeal to a wider demographic—ranging from retail consumers to freelancers and SMBs—who value utility over fleeting hype.
That the project continues to succeed in presale speaks to a market appetite for solving real-world issues. Since meme coins succeed based on community spirit, investors now prefer real-world utility to weather market fluctuations. Should PayFi emerge as a standard for cross-border payments, Remittix can find a spot in top-performing tokens for the next crypto adoption wave.
With Trump's suggested US Crypto Reserve presenting assets such as XRP, SOL, and ADA, meme coins are challenged to demonstrate that they can survive in the long term. Shiba Inu and Dogecoin each possess dedicated communities but neither received official status in high-level policy decisions. This encourages speculation that the market will look to projects with more utility use cases.
But crypto's fast tempo of activity means sentiment reversals can happen within minutes. An endorsement from a celebrity or an upgrade to Ethereum can rekindle interest in meme coins, and prices surge. But the increasing visibility of user-centric platforms such as Remittix speaks to a shift in investor mindset—one that prefers sustainable ecosystems to hype.
By merging the best of digital assets with real-world use cases, Remittix and similar projects are set to take market share from speculation.
Visit the Remittix presale to determine whether functional PayFi solutions can perform better than meme coins in a rapidly changing crypto environment. Whether Shiba Inu and Dogecoin take center stage once more or investors cycle into more fundamental projects, the next few months will tell if functionality will play a significant part in determining the future of digital assets.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
