The crypto market is in a bullish state, with most tokens recording double-digit gains from the past week. Still, in the midst of it all, Dogecoin and Stellar users are fixating on a new crypto addition to the market.
Remittix (RTX) is the new token everyone seems to be talking about, and it’s well on its way to becoming a top altcoin already. With PayFi at the heart of its operations, Remittix is set to revolutionize at least one part of DeFi.
And there’s still profit potential on the RTX tokens. Hang on for more on the new crypto.
Dogecoin price to suffer after Trump meme coin launch
Donald Trump’s inauguration is only hours away, and one would expect that the Dogecoin price would be on its way to its ATH. Instead, a correction has hit Dogecoin, and even worse, a new meme coin has joined it for competition.
Friday saw the launch of the Official Trump Coin, the meme coin that embodies Donald Trump. In only a few hours, the Trump Coin reached a market cap of about $13 billion, splitting the investor and trader interest in the Dogecoin price.
Now, DOGE is on 14.8% weekly gains, but the token has lost almost 5% on the intraday time frame following the Official Trump Coin launch. Will Dogecoin keep tanking, or will the token maintain a surge to new gains?
Stellar: Old PayFi resurfacing?
The Stellar token shares architectural similarities with Dogecoin, as they both run on proof of work protocols. The PoW protocols are typical of tokens that were launched before 2014, although Stellar has a proof of agreement consensus that ensures faster transaction processing for its operations.
Stellar also shares functional similarities with the new crypto Remittix, as they are both PayFi tokens committed to offering seamless transactions across crypto-fiat interfaces. But while Stellar represents the old guard, Remittix is launching with cutting-edge features and so much potential.
The XLM token is currently priced at $0.479, with over 8.8% profits in the past week. That’s definitely not a match for the price spikes expected on Remittix.
Pay crypto for fiat globally with Remittix
The emphasis on the Remittix (RTX) project is in bridging both crypto and fiat payment systems. Remittix ensures that crypto users can easily make their fiat transactions without leaving their trading platform, or liquidating their crypto coins.
How Remittix goes about that is pretty easy. You can send your crypto equivalent of the fiat bill, along with the appropriate fiat account details to a one-time generated deposit address. The deposit address then handles the conversion and settlement of your crypto tokens and the transaction.
The fun part is that there won’t be any extra payments. Unlike banks that come with various charges and fees, Remittix only requires the gas fee needed to transfer your tokens to the deposit address. With blockchain speed and security, you can only get the best trader experiences on the platform.
Already, Remittix supports about 40 crypto coins and 30 of the popularly traded fiat currencies. That offers quite the range of options for transfer; you can almost never be out of options for transfer on the Remittix ecosystem.
Stock up on RTX tokens today!
The Remittix coins have gotten more expensive lately, as they are selling for $0.0221. The presale is selling out fast.
After the presale, the new crypto coins could be up for 100x gains. Now, that’s why every crypto user wants in on RTX tokens–you should, too!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
