Cryptocurrencies are getting fresh injections of cash from new quarters, and a decent percentage of this money is going to meme coins like Shiba Inu. This is due to the never-ending hype around these tokens, but then, things seem to have hit a speed bump recently.
Right now, savvy investors are pivoting from meme coins and turning to utility tokens like Remittix. Does Remittix deserve a spot in your crypto portfolio? Read on to find out.
What is Remittix?
Remittix is a PayFi solution that allows retail and enterprise crypto users to facilitate crypto-to-fiat transactions worldwide. The protocol lets anyone instantly convert over 40 different cryptocurrencies to fiat and then send it to any bank account on the globe.
This is a groundbreaking use case since it takes away the headaches crypto holders encounter with exchanges as they try to convert their coins to fiat. The transfer is fast, cheap, and the receiver won’t even know that crypto was used to facilitate the payment, right from the sender’s wallet. This feature alone has got crypto investors warming up to Remittix, but there’s more.
Remittix also offers staking rewards of up to 18% as well as access to the governing rights that rule the platform. And since it operates in a custodial manner, users need not worry about security, as they will always be in control of their private keys.
By having these strong fundamentals, RTX is well positioned to become a highly sought after token in the near future. This is why smart money is flowing into the project.
Will Shiba Inu end the year with a flourish?
Shiba Inu is one of the most popular, most followed meme coins in the crypto industry. It’s got a massive market cap as well – second behind Dogecoin in the meme coin space, and just a few spots off the top 10 on Coinmarketcap.
This is a result of its impressive rally towards the end of the year as SHIB rode on the crypto bull hype and soared significantly. But SHIB has succumbed to volatility recently, and is barely up on the monthly scene.
That is because the hype around meme coins is slowly dying, and that is why SHIB has shed some of the recent gains it made. The project is still trying to morph into a utility token and rely less on hype, but that’s the only thing that would make SHIB end 2024 in flourish.
Join the smart money train
Unlike Shiba Inu, Remittix offers real world utility, and a very important one at that. That is why savvy investors are joining its freshly launched presale in droves. This presale is available for an affordable entry level price of $0.0156, which means there’s a lot of room for growth.
Given its potential to disrupt the financial sector, joining the Remittix presale bandwagon looks like a no-brainer. The project’s ambition is to capture a share of the $180 trillion global remittance market, but should it achieve a fraction of this aim, the returns for early investors would be sensational.
You can find more information about Remittix (RTX) here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
