Investors are now eyeing the Remittix token for a high reward potential this coming bull run, as support surges in the last few weeks. According to analysts’ projections, the Remittix token is now positioned for a 100x breakout this bull run, outperforming past Dogecoin price surges.
Experts say Remittix’s growing potential as the next leading solution in crypto payment is fueling a fast-growing sentiment for a record-breaking surge in this bull run.
Here is a look at the market setup that positions Remittix to outperform Dogecoin price growth in its early days.
Dogecoin Price Analysis In Early Days
The Dogecoin price performance in its first few years saw it become the most sought-after crypto asset as it recorded a massive surge. For context, the Dogecoin price saw around 160x in 2021, going from $0.0046 to $0.7375 in an unprecedented buying momentum. The 2021 surge also saw Dogecoin price set a new all-time high that has remained unbroken.
However, a major factor that helped the Dogecoin price surge is the spike in support for the meme coin during this period. The meme coin market was just gaining attention, and Dogecoin was poised to spearhead this innovative crypto group. Furthermore, the success of the Dogecoin price surge also fueled the creation of hundreds of new meme tokens.
Implication Of Dogecoin Price Surge
While the Dogecoin price growth remains a motivation for investors, the lack of proper utility saw the price drop as sharply as it rose. The Dogecoin price is currently at $0.22, which represents a 70% drop from its all-time high.
However, a major factor that continues to fuel the sell-off is how retail traders fail to attach the DOGE coin to any real-world use case.
By implication, the Dogecoin price has continued struggling to reclaim relevance. This is as investors move on to better utility coins with a real use case and future potential.
Remittix Dominates As The Top New Utility Token, Drawing Attention Away From Memecoins
Remittix’s crypto asset conversion to fiat currency and direct payment to bank accounts is fueling a new revolution in payment. More interestingly, this sentiment is already positioning it alongside top crypto payment solutions like XRP.
According to analysts, the growing support around Remittix right now could see it break out beyond 100x this year. However, unlike the reversal that followed the Dogecoin price breakout, Remittix is projected to see steady growth as its use case continues to see a rise in adoption.
Here are some of the features making analysts tip Remittix ahead of the Dogecoin breakout:
- A native wallet that makes interacting with the Remittix token and other crypto assets easy
- A hybrid solution linking crypto to banks
- Top of the market API that expands the Remittix solution for business use
Remittix is poised to outperform Dogecoin’s price this year, following its integration into exchanges within the next few weeks. Check the BitMart page or the Remittix website for updates on the progress timeline.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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