The post This Crypto Has The Potential To Be Bigger Than XRP As Online Community Rivals Shiba Inu and Dogecoin appeared first on Coinpedia Fintech News
There’s a new sheriff in town dominating the PayFi space and giving top established projects a run for it. This new crypto, Remittix ($RTX), has defied the status quo with a presale smashing records and setting new highs.
The acceptance and widespread adoption fueling the presale are thanks to the appeal Remittix real-world applications enjoy and how it solves crucial issues plaguing a massive PayFi market.
Experts are confident this new presale crypto has the potential to outshine PayFi OGs like XRP and outdo the Dogecoin price surge and Shiba Inu’s popularity. This article explains why.
Dogecoin Price Performance and Prediction
Dogecoin began on a light-hearted note but quickly grew into a top-rated cryptocurrency with massive community support. In the last 24 hours, its price increased slightly by 6% to about $0.1830. Market observers believe the boom is thanks to influential social media trends affecting cryptocurrencies and recent endorsements by Elon Musk.
According to DOGE technical charts, the crypto relies on robust support at $0.10 but faces resistance at $0.15. Its moving averages show a strong positive direction if the uptrend continues. Chances are that the Dogecoin price will rise by 232.43% and smash the $0.585978 height by the end of April.
Still, Dogecoin’s price relies heavily on social media buzz and sentiment. Hence, its price action would follow investor sentiment, meaning some negative tweets can trigger a price decline, unlike Remittix, which is surging through a downtrend thanks to its tangible use cases.
Shiba Inu Price Analysis and Forecast
Shiba Inu set out to be the Dogecoin replacement. But, after its previous surges, the project has dropped over the past month, plunging by almost 11% to sell at nearly $0.00001346. With that price decrease, most SHIB holders are disappointed and stranded.
Market analysts attribute this fall to the scarcity of new features and warning hype. Shiba Inu technical charts also show that the crypto has lost its previous support levels. SHIB’s 50-day moving average sits below its 200-day moving average, indicating that the downturn will persist unless significant change happens.
Most market observers say Shiba Inu would not reclaim its glory of yesteryear if it fails to add a powerful upgrade or some new tangible use case. If that doesn’t happen, SHIB’s future remains bearish.
Remittix ($RTX) Simplifies Real-Life Payment for Massive Adoption and Growth
Remittix is the new fast-growing DeFi project solving one of the digital payments market’s most central issues: slow, pricey cross-border payments. While traditional banking systems often complicate financial services or payment processes for users living in rural areas or developing countries, Remittix offers a solution that connects the digital economy and conventional finance for simplified services.
With Remittix, users can send cryptocurrency straight to a bank account, which seamlessly receives the payment converted to preferred FIAT currency. This process maintains the main tenets of cryptography—anonymity and control over one’s money—but with the robustness of conventional finances.
The Remittix project has sold over 521 million tokens in its ongoing presale. With a low entry cost of $0.0734 and a clear path to the moon with its appealing use cases, Remittix continues to command robust support from institutional and retail investors. Savvy investors regard RTX as one of the best cryptos to buy as it solves a critical problem differently, positioning it to take over the global payments market.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
