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Remittix Raises $3M in Presale, Poised for 10x Growth, Competing with Shiba Inu and Dogecoin in the $190B PayFi Sector.
There is a new player in the crypto space that could rival the performance of Shiba InuSHIB) and Dogecoin (DOGE). The name is Remittix (RTX). As a PayFi industry leader, Remittix has a small market capitalization and is tied to the cross-border payments industry worth over $190 trillion.
Remittix has raised more than $3 million in pre-sales, indicating that investors believe in the success of the platform. This DeFi cryptocurrency could grow 10-fold this quarter.
Shiba Inu forms a bullish pattern
Shiba Inu coin is currently in a descending wedge formation. A cryptocurrency analyst called $SHIB KNIGHT recently made this discovery, noting that the meme coin had formed an uptrend. Looking ahead, CW predicts that the Shiba Inu crypto price could reach $0.00041.
He noted that the meme coin showed great strength by staying above the $0.00002 support. Meanwhile, the price of Shiba Inu has increased on a weekly period. Data from CoinMarketCap indicates a price gain of around 5.1%.
The coin’s value has remained above a key support level since the start of this year. In addition, the Shiba Inu Shibarium has reached other milestones. First, the total number of transactions processed exceeded 800 million. Additionally, the total number of wallet addresses has exceeded 2 million, signifying a massive influx of users.
Dogecoin Price Soars at Weekly Level
The Dogecoin token is showing positive movement on the seven-day chart. Data from CoinMarketCap shows that the value of DOGE coin climbed by 11.6%. If the momentum continues, the cryptocurrency’s value could exceed $0.4.
Meanwhile, Ether Wizz notes that the Dogecoin the crypto is about to break out of a descending trendline. The analyst notes that memecoin is on the verge of going parabolic. He foresees a potential target of $1 in the coming months.
Furthermore, another analyst called CEO predicted that Dogecoin price could rally back to $3. According to him, the cryptocurrency reflects a historic trend of 2021.
Interestingly, the same expert had predicted that the value of the Dogecoin token could reach $0.54 by February. In the meantime, the sentiment around DOGE is positive.
Remittix set to change the cross-border industry with efficient transactions
Remittix is a payments platform that connects the world of cryptocurrencies and traditional financial systems to provide efficient cross-border money transfers. With the ability to exchange over 40 cryptocurrencies for fiat currencies, Remittix allows users to transfer funds to any bank account around the world.
This process also allows recipients to get their money in the preferred fiat currency without any contact with cryptocurrencies, making the process more convenient and easier to use. One of the main aspects of Remittix is its PayFi ecosystem which helps make international payments faster, safer and cheaper while converting cryptocurrencies into fiat currency.
Payments are made immediately and there is no need for third parties, reducing costs compared to traditional banking services. This efficiency is particularly useful for businesses and individuals who need to understand the intricacies of international finance. Remittix also has a Pay API that allows businesses to accept crypto payments and convert them to fiat.
This feature provides traders with the ability to manage their finances and supports over 30 fiat currencies and over 50 cryptocurrency pairs. Since the launch of its blockchain ICO, Remittix has received a lot of attention from members of the cryptocurrency community. It has sold over 170 million coins and is now priced at $0.0207.
Remittix Set to Eclipse Top Coins
Although Shiba Inu and Dogecoin have made an impact on the crypto market, the focus is now on major DeFi projects like Remittix, which show long-term utility and growth potential. The project’s cross-border payment functionality and investor interest could push its value to new heights in the coming months. Such potential could make it a good crypto to buy.
To learn more about Remittix, visit website and his social.
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