The Dogecoin price has risen by 30% in the last week, after most tokens had a torrid first half of the year. While many Dogecoin punters are calling for an astronomical $1.00 price, the reality on the ground looks a bit more sour than that. It seems the time for meme coins is done, and utility tokens are now the big money spinners, riding the wave that tokens like Dogecoin have created. Key among these is Remittix, a new PayFi token ready to put profit on the table. Let us see how they stack up.
Dogecoin (DOGE): Dogecoin price up, but predictions remain uninspiring
Dogecoin defined the meme coin genre, and early adopters made millions from relatively nominal investments. The meme coin phenomenon was born, and proved to the world just how lucrative meme coins can be. The only problem was that these tokens had nothing to back them up, and the predictable happened. With no substance, the meme coins lost value, but not before setting a precedent.
The Dogecoin price is emblematic of this. In six months, the Dogecoin price went from less than $0.003 to reach almost $0.74 before crashing down to six cents. But it seems Dogecoin is wanting a second go at it. The Dogecoin price has climbed from $0.14 to over $0.23 since the first week of April, but the Dogecoin price predictions warn against undue optimism.
Source: Coincodex
According to Coincodex, the Dogecoin price is at the highest levels it will ever be until the 2029 halving cycle, leaving the investment floor wide open for any new tokens to emulate Dogecoin’s early days and deliver stunning results. Remittix may just do that, except that the meme coin rash will not follow.
Source: Coincodex
Remittix (RTX): A future-proof token with massive growth potential
Meme coins failed because they had nothing to back them up, but utility tokens will survive thanks to real-world applications, and this is where Remittix shines like a newly minted Krugerrand, only with more growth potential.
International inter-bank payments are expensive, take forever to clear, and bog their user base down in paperwork and regulation. This is a prime problem for crypto to solve, and now, Remittix has. With Remittix, users can use cryptocurrency to make cross-border payments to almost any bank account anywhere across the globe in the world’s first crypto-to-fiat payment system.
Thanks to Remittix’s PayFi system, global payments are near instant, cost a fraction of a bank charge, and avoid the red tape altogether. This means less money spent on bank fees, and faster service delivery times, which cuts overheads. This is a game changer for commerce and industry, and the investment potential behind Remittix is massive.
Remittix has already secured almost $15 million in liquidity, and is now starting to gain traction on social media and YouTube where crypto vloggers cannot get enough of this new crypto.
Conclusion
Meme coins like Dogecoin may have started as literal jokes, but they showed the world just how lucrative crypto can be. Sadly, meme coins have lost some lustre, and the Dogecoin price prediction is indicative of a trend that fell flat.
Remittix, however, takes up the slack and has a growth potential to rival that of meme coins, but with the staying power to remain relevant indefinitely. It is the perfect future-proof token.
Remittix is now available at $0.757 directly from their website.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io
Socials: https://linktr.ee/remittix