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    DOGE, XRP dip as Trump inauguration buys soar; Investors flock to TRUMP, Remittix

    Yeek.ioBy Yeek.ioJanuary 21, 2025No Comments4 Mins Read
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    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    With meme coins like Official Trump gaining traction, investors are shifting from Dogecoin and Ripple to Remittix, a utility-driven contender.

    Speculators who once clung to Dogecoin and Ripple are shifting their gaze elsewhere. Despite modest gains, Dogecoin (DOGE) sits around $0.3777 (up 18% in seven days), and Ripple (XRP) rests at $3.27 (up 36% in seven days). Some watchers see an XRP slump coming soon.

    Meanwhile, a brand-new meme coin called Official Trump soared to $69.25, jumping 968% in less than a week. Even with the Dogecoin hype lingering, holders are downgrading these older tokens. Below, we’ll see how the crypto mania around the Trump token rose so quickly, plus why a lesser-known altcoin called Remittix (RTX) could overshadow them all.

    Official Trump takes the market by storm

    Official Trump crashed onto the scene on Friday, rallying billions in volume in just days. That mania shot Trump to about $69.25, an insane 968% leap in under seven days of true crypto mania at its finest. Many folks credit the coin’s success to the new president’s hype, reminiscent of how Dogecoin once thrived on memes. The question is whether Official Trump can hold these gains or fizzle when short-term traders cash out.

    So why are people selling Dogecoin for Official Trump? Fans claim the new token might have more immediate momentum than the old guard, even though the Dogecoin hype hasn’t fully vanished. Still, older meme coins like Dogecoin sometimes see money shift to the newest craze with a brand name tied to a headline-grabbing figure. Official Trump inevitably attracted attention, for how long remains to be seen.

    Why Ripple could face a downturn

    Though Ripple looks decent at $3.27 with a 36% rise in seven days, many analysts spot an XRP slump on the horizon. Some suspect the coin’s legal entanglements and uncertain adoption could hurt its mid-term prospects, pushing speculators to exit. While Ripple once led cross-border payments hype, the crowd is now chasing coins like Official Trump or looking for real-world solutions. The result? Ripple might lose out if other projects offer simpler ways to move funds globally, especially if the legal status of XRP remains murky.

    Of course, Ripple still has a loyal base, and anything can happen if good news arrives. But with big whales seemingly diversifying into fresh tokens, a sluggish performance from XRP might be in store. This is why watchers talk about an XRP slump, anticipating the moment the hype moves on.

    Meet Remittix: The utility king

    Alongside the Official Trump mania, a more serious contender has emerged: Remittix. Not reliant on memes, Remittix is built to handle cross-border crypto payments, letting users convert tokens to fiat within 24 hours. Investors who consider Dogecoin or Ripple out of steam see Remittix as a chance for stable growth. At presale, Remittix soared past $4 million raised, winning over those who prefer real utility over short-lived memes.

    This surge suggests Remittix might attract not just meme-chasers but also businesses seeking an easier, cheaper method to transfer money. Instead of fueling crypto mania like Trump, Remittix solves an actual need, possibly leading to longer-lasting gains. Many see it as a hidden gem in a market driven by quick novelty. If mainstream adoption of PayFi grows, Remittix could blow past older tokens stuck in lawsuits or meme cycles. That’s big for holders who want a coin that’s more than a trending hashtag.

    Is Remittix the smart move?

    While Dogecoin held a special place in meme culture and Ripple once dazzled with cross-border goals, both face investor downgrades as the new Official Trump mania rages. Yet mania can vanish as fast as it appears. That’s why some folks skip the current hype for a coin offering genuine solutions. Remittix might shine here: bridging crypto and standard banking without hidden fees.

    To learn more about Remittix, visit the presale website and stay tuned to their social media channels.

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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