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Cryptocurrency News Articles
No One Foresaw Donald Trump’s Trade War, But When It Tanked the Stock Market and Cryptocurrencies
May 11, 2025 at 11:30 pm
No one foresaw Donald Trump's trade war with US foes and allies alike. But when it tanked the stock market and cryptocurrencies in general, everyone knew meme coins were in trouble.
The last time Donald Trump’s trade war with U.S. allies and foes was in the news, it had tanked the stock market and, in general, cryptocurrencies. As a result, meme coins were in trouble.
During the last crypto meltdown, a consequence of these trade wars, meme coins suffered the most. Billions of capital were wiped out in weeks, so much so that experts thought the meme craze was done for.
But Bitcoin’s recent ascent has sparked a fire in the meme space. Shiba Inu (SHIB) and Pepe Coin (PEPE) are finally rallying, with promises of big gains hanging in the air once more. Nevertheless, experts believe that Remittix (RTX) an upcoming token, offers a better upside than these meme coins.
Why Remittix is destined for the top
Remittix is a new PayFi protocol that facilitates cross-border transactions in a cheaper, easier, and more efficient manner. It allows crypto owners to make fiat payments into bank accounts worldwide, right from their crypto wallets.
This is a real-world utility. It’s the major reason experts believe that Remittix is heading to the top. Remittix does what MoneyGram and Western Union do, but cheaper and more efficiently. Once Remittix catches on, demand for the token will hit the roof, and the price will likely shoot to the sky.
Nearly $15 million has been raised by over 30,000 retail investors in its presale. Half a billion tokens have been sold, and the price is up by at least 400% since its debut.
Remittix is currently priced at $0.0757, but a $1 is possible. Given its current momentum and the bullish crypto market, experts agree this may happen. By that time, RTX would’ve fetched a clear 10x profit for early adopters.
Shiba Inu coin finally shrugs off bear
After the introduction of Donald Trump’s trade war, the Shiba Inu coin depreciated by over 50%. This fall eroded a lot of SHIB capital. According to figures from Coinglass, Shiba Inu’s market cap fell from $13.6 billion to below $6 billion during this period.
Shiba Inu coin’s recovery from bearish trend. Source: TradingView
But the situation is starting to get better. Following the early downturn, SHIB consolidated below the $0.000015 level. At the moment, it is forming a round reversal pattern, which is a sign of recovery. The meme coin has broken above the 50-day and 100-day EMA lines and the 23.60% Fibonacci level at $0.00001390.
The current pullback is expected to test the critical supply zone near the psychological $0.000015 level. A successful breakout would invalidate previous downtrends and ignite a rally that could see the Shiba Inu coin hit $0.00005.
Pepe price soars higher
While Shiba Inu coin was still struggling, Pepe was soaring. In the last month, PEPE is up by approximately 100%, a remarkable feat given the state of the meme coin niche. Most of these gains happened in the last week, as PEPE price accelerated in response to Bitcoin soaring over $100K and general positive market sentiments.
Pepe’s likely surge. Source: Solberg Invest/ X
According to crypto trader Solberg Invest, PEPE would likely surge to $0.000022 or even $0.000025 in the next few weeks. The coin is approaching a strong resistance level of $0.00001417, but should the coin overcome this level, PEPE holders might be in for a treat.
The best coin to buy now
While PEPE and Shiba Inu offer prospective investors decent upside, Remittix is the go-to option for those who want to maximize their profits. Unlike PEPE and SHIB, it doesn’t rely on hype. It’s got real-world utility and even threatens to usurp corporations in the global remittances market.
The 2025 bull run is just beginning, and Remittix is going to ride it to the hilt. Based on current estimations, the coin could appreciate by 10,000% during this phase, and early adopters stand to make the biggest gains.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- South Korea's central bank says it should have legal authority over the approval of won-based stablecoins
- May 12, 2025 at 09:15 pm
- The Bank of Korea, South Korea's central bank, said monetary authorities must be involved from the start if the country allows the issuance of stablecoins tied to the Korean won
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- Hundreds of Billions of Dollars in Cross-Border Cryptocurrency Payments Flow Globally, Driven by Speculative Investment, According to a Recent Report by the Bank for International Settlements (BIS)
- May 12, 2025 at 09:10 pm
- Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, driven primarily by speculative investment, according to a recent report by the Bank for International Settlements (BIS).
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