Shiba Inu (SHIB) will likely keep drawing meme coin activity in September as well. But its price is not keeping pace and is currently trading at $0.00001218, a drop of more than 40% since the start of the year.
In the meantime, a new industry player is coming into the crypto space: Remittix (RTX). This PayFi token is attracting the eyes with its practical value and a genius way of doing cross-border payments.
Shiba Inu: Meme Coin Has a Hard Time to Find Its Place
Shiba Inu has been dubbed as the Dogecoin killer as it has proven not to be all that it promised to be. In spite of a lively society and a high level of media attention, the token price has remained on a downward trend.
Analysts have observed that Shiba Inu price has broken above the descending channel. It is believed that Shiba Inu price could rise toward targets of $0.00001400, $0.00001750, $0.00002050, and $0.00002500.
Remittix: PayFi Token With Real-world Utility
Remittix (RTX) is redefining PayFi space by solving real-life issues related to cross-border remittances. It has an advantage in that tangible solutions (as opposed to meme coins) are the focus of their utility-first approach.
The platform allows transfers between crypto-to-finance and fiat currencies in 30+ countries via low-cost, high-speed transfers (more than 40 crypto supported, and more than 30 fiat supported).
While meme coins such as the Shiba Inu depend on community hype and speculative currency, Remittix concentrates on offering real-world solutions to finance-related issues across the world.
Key Features of Remittix
- Built to support the smooth crypto to fiat trade.
- Targets the international remittance market of $19 trillion worldwide.
- Good Community Involvement.
- Ongoing giveaway of $250,000 as an incentive to participate.
- Listing confirmed on BitMart and Lbank.
- Next-generation multi-chain beta release.
Remittix is not another altcoin, it is a project with a vision and the infrastructure to implement it. The platform is set to experience tremendous growth as the beta wallet finds its market and exchange first-listings are solidified.
Investing in the Future
While Shiba Inu is potentially more attractive to a limited group engaged in speculative trading aiming to generate returns in a short time, Remittix defines a sustainable business prospect.
With the crypto industry ever-changing, projects such as Remittix that place more emphasis on practical objectives instead of empty hype are already bound to become the real giants among the others.
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
Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]
Comments