Dogecoin has a huge cohort of fans in the cryptosphere. While there is no doubt the OG meme coin has certainly made a lasting impact in the world, one needs to ask if it is sustainable. The Dogecoin community certainly thinks so, and the common rallying cry is for a $1.00 Dogecoin, with the more optimistic Dogecoin supporters crying for a $5.00 price. This sounds great, and in crypto, ‘anything is possible,’ but does the math work out? Spoiler: no. But if that bursts your bubble, then there is great news because a new token with actual utility is about to break free. Remittix is a new PayFi coin priced lower than Dogecoin and has every chance of breaking the $5.00 mark.
Dogecoin (DOGE): $5.00 sounds great, mathematically impossible.
An often overlooked aspect of investing is that market cap matters. This is where there’s great news for Dogecoin. Its market cap is around $26 billion, which puts it in the top 10 tokens in the #8 spot.
Source: Coincodex
Here’s the thing, though. A price rise will also increase the market cap. That sounds great, but it is priced at around $0.17. For Dogecoin to reach a $1.00 price, the market cap would need to get at least $125 billion on par with XRP. This is an implausible scenario.
Source: Coincodex
But the $5.00 point? A market cap of $765 billion. That is higher than Ethereum, XRP USDT, BNB and SOL combined.
Sadly, the dreams of a $1.00 Dogecoin price are far-fetched enough and the ideal of a $5.00 is just about impossible. For massive yields with actual mathematical probability, take a look at Remittix.
Remittix (RMX): The new token ready to take over the world
The headline sounds sensational, but priced at just $0.757, Remittix is the best-kept secret in investing and it is time the world hears about it. Fortunately, even YouTube vloggers are now starting to talk about Remittix and with good reason.
Remittix is fulfilling the promise XRP failed to keep making cross-border payments cheap, easy and hassle-free. Anyone who has had to make international payments knows that the fees are exorbitant, the delays are pointless and the paperwork exceeds the efficiency of the transaction. This was a problem crypto was created to solve, but nobody could do it. Until now.
Remittix allows its users to use cryptocurrency to send money into almost any fiat-based bank account across the globe in the world’s first crypto-to-fiat payment system. Transactions are near-instant, a fraction of the cost, and no hoops to jump through. And Remittix is not vapourware either. It is already functional and will only grow.
The potential for this token to race up the market cap charts and take its place with the big guns is obvious and with over $14.7 million in liquidity, the room for growth far outstrips that of Dogecoin. A $5.00 Remittix price? Not just possible but probable, making early adopters of this new token a shoo-in for massive growth.
Conclusion
Chasing the Dogecoin dream is just that, a dream. Marketing and hype sound great, but the figures just do not work out. If one gets very lucky, the best Dogecoin can do is a $1.00 price and even that is a mere 6x return. 6x is not what made crypto the investment powerhouse it is today.
Remittix, however, can easily make the $1.00 mark for a 12x return and then shooting for the $5.00 price point will give 65x. And it’s poised to do just that.
Remittix is now available at $0.0757 directly from the website.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io
Socials: https://linktr.ee/remittix
