Shiba Inu and Dogecoin Holders Are Quietly Moving Funds Into This Coin That Could Flip $1K Into $100K

A key indicator that another cycle is about to begin is when memecoins start popping up and rapidly pumping in the markets. It seems this cycle might be different, though, as memecoins have been among the worst performers in the crypto market with another bull run fast approaching.

According to crypto analysts, token holders of the two largest meme coins by market cap, Shiba Inu and Dogecoin, have begun moving their holdings into more hyped tokens ahead of the bull run.

One token that these investors seem to favour is Remittix, the native token of an upcoming PayFi project. Remittix is uniquely positioned to benefit from the pivot to stablecoins and crypto-based payment services.

Shiba Inu and Dogecoin Holders Consider Alternatives Amid Bull Run

Once bastions of the meme coin sector and indicators of bullish signals within the crypto market, Shiba Inu and Dogecoin have failed to live up to their reputation in the ongoing cycle, evident from the poor price performance over the last few months.

Shiba Inu is currently enduring a price decline spanning several weeks, while Dogecoin has failed to break past the psychological $1 mark despite being a top ten cryptocurrency by market cap. Analysts are now reporting that token holders of both meme coins are searching for alternatives in the market to salvage their portfolios.

If you fall into this category, you may want to consider Remittix, an upcoming PayFi project turning heads and shoulders within the industry.

Remittix Garners New Fans Amid Poor Market Performance

The poor performance of meme coins and other crypto categories has turned out to yield positive returns for Remittix, an upcoming PayFi project well-positioned to benefit from the pivot to stablecoins and crypto-based payment solutions.

The payments sector, valued at $19 trillion, is currently fragmented and could do with a feasible solution. Remittix appears to be providing that solution by leveraging both Web2 and Web3 payment gateways. Some features of the project include:

• Direct crypto-to-bank transfers in over 30 countries worldwide
• 50% token bonus for early adopters and supporters
• 20% referral rewards for onboarding new users

In the past month, Remittix has rolled out several features and integrations that have caught the attention of crypto enthusiasts the world over. These include a mega giveaway for early supporters and adopters worth $250,000.

The more recent integration is the crypto wallet beta phase launch. Remittix’s crypto wallet will possess all the functionality of the popular crypto wallets, with a few other features uncommon anywhere else.

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