If the latest round of Dogecoin price prediction is correct, it may be in the best interest of Dogecoin token holders to pivot towards more promising options in the ongoing bull market. In a rather dramatic turn of events, Dogecoin has performed severely underwhelmingly in the current cycle, failing to meet many of the expectations set for it at the start of the cycle.
Dogecoin’s poor performance in the crypto market has been, in part, caused by the rapid growth and development of upcoming tokens, such as RTX, the native cryptocurrency of the upcoming PayFi project, Remittix. RTX has massively impressed in its ongoing presale, recently crossing the $26.4 million mark.
Dogecoin Price Prediction: Analysts Blame Upcoming Tokens For Crypto’s Poor Performance
Dogecoin, much like the vast majority of the broader meme coin market, has underperformed severely in the ongoing bull market, failing to meet most of the targets that analysts and investors set for it at the start of the current cycle. A major reason for this is the lack of interest in memes.
Analysts have termed the phenomenon “investor fatigue in memes” as investors pivot to other crypto categories for the first time in a while. At the moment, there is no way to tell if a resurgence in the market is on the cards for Dogecoin, but its situation is definitely worth monitoring.
Remittix Emerges As Major Contender In Market Following Latest Milestone Achievement
In a rather dramatic turn of events, Remittix, the upcoming PayFi project at the intersection of traditional and blockchain-based payment solutions, has emerged as a valid contender for the title of the next 100x altcoin in the crypto market.
One of the reasons for this is the increased demand for payment tokens in the current cycle, with both institutional and retail investors prioritizing this category over others. Another is the sheer amount of features to improve global payment experiences and the countless opportunities to generate passive income that the project provides.
A good example of this is the project’s latest referral program, which promises to reward existing users for onboarding new users with USDT rewards. Remittix is set to include innovative and eye-catching features to improve global payments when it launches, including:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 15% referral rewards for onboarding new users
- Support for 40+ cryptocurrencies and 30+ fiat currencies
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway