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This XRP Challenger Defies August Slump—Here’s Why It’s Skyrocketing

This XRP Challenger Defies August Slump—Here’s Why It’s Skyrocketing

Published:
2025-08-16 19:12:28
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While the crypto market limps through August's typical downturn, one altcoin is laughing in the face of gravity. Meet XRP's audacious rival—the project that's eating bearish sentiment for breakfast.

The Unstoppable Ascent

No sideways trading here. As legacy coins flatline, this contender's chart looks like a SpaceX trajectory. No fluke—just relentless demand outpacing even the most optimistic liquidity models.

What Wall Street Won't Tell You

Traders are ditching 'safe' bets for asymmetric upside (and let's be honest—to spite the SEC). The kicker? Real utility beyond speculative vaporware—something most DeFi projects still fake with whitepaper jargon.

One hedge fund manager sniffed 'It's just retail FOMO'—right before the token doubled again. Meanwhile, Bitcoin maximalists are quietly rotating profits into the very alts they publicly scorn. Classic crypto hypocrisy.

Shiba Inu fights to hold critical support

After a sharp drop from $0.00001419, Shiba Inu held onto $0.00001260, a solid support zone that traditionally spurred rebound rallies. Traders are watching SHIB’s capacity to recover $0.00001330 with volume, which might lead to $0.00001380.

This new XRP rival continues to go vertical while other coins struggle in August - 1

Source: CoinGecko

Although there may be brief recoveries, SHIB is still susceptible to additional declines if selling pressure continues. Market sentiment shows that only a decisive breakout above $0.00001400 could rekindle the momentum that characterized previous meme coin surges.

Pepe Coin price faces seller pressure

Pepe Coin price slipped around 4% over the past 24 hours, underperforming the broader crypto market. Despite the drop, whales have quietly increased their holdings by 1.5% over the last month, a sign of longer-term confidence.

This new XRP rival continues to go vertical while other coins struggle in August - 2

Source: CoinGecko

Technical charts show PEPE struggling to break above $0.000012, with repeated rejection at that level. If buyers fail to reclaim it, the token could revisit lower supports around $0.00001180.

For SHIB and PEPE, the path forward likely depends on a renewed surge in memecoin trading activity, something that’s cooled noticeably in August.

Remittix: The XRP rival that’s still climbing

While memecoin favorites are struggling, Remittix continues its vertical climb in presale. It is designed as a next-gen cross-border payments solution. 

Remittix combines multi-chain interoperability, real-time FX conversion, and direct bank payouts in over 30 countries, giving it real-world utility beyond memecoin speculation.

Key highlights from RTX’s ongoing momentum:

  • $19.5 million+ raised and 599m tokens sold so far in presale
  • Beta web3 Wallet launching Q3 2025 with multi-chain support and gas fee optimization.
  • CEX listing announcement imminent once the $20m milestone is reached.
  • Early buyers still get a 40% presale bonus before public trading.

Investor demand has surged because of the centralized exchange listing, luring early-stage cryptocurrency funds and ordinary purchases.

Why RTX might go vertical

This new XRP rival continues to go vertical while other coins struggle in August - 3

Unlike SHIB and PEPE, whose rallies depend on sentiment swings, RTX’s growth is anchored in a clear use case and upcoming adoption catalysts. 

The project already has a cult-like community of followers, enhanced by the $250,000 giveaway and 40% presale bonus. Meanwhile, its ecosystem is SAFE for transactions, with a completed Certik audit. 

Analysts expect a liquidity surge once its first CEX listing goes live, which could push prices 100x from the current $0.0944 presale level. The microcap advantage and relatively untapped niches are potential catalysts for parabolic runs. 

With whales chasing utility tokens in 2025 and payments-focused cryptos seeing renewed institutional interest, Remittix may be setting up for one of the fastest post-listing climbs in the market this year.

To learn more about Remittix, visit the website, socials, and $250k giveaway.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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