Dogecoin, the degens’ favorite among altcoins, is bracing for a massive run within weeks. All eyes are on DOGE as it’s making a familiar run, per analysts on social media. In a technical analysis widely shared by commentators, the top meme coin has finished its third breakout from a falling wedge against BTC. Historically, this pattern sets up the stage for Dogecoin’s price surge.
While DOGE holders are keeping an eye on the technicals, with price up by 11% from two weeks ago per CoinGecko, another crypto project is coming in hot: Remittix. Built on the PayFi concept, Remittix is set to flip the script, notwithstanding XRP’s early push in this segment.
Remittix as the ‘next XRP’?
PayFi isn’t a new concept; there have been many blockchain projects developed that aimed to promote seamless digital payments. Ripple’s XRP was one of the first, boasting speed, efficiency and better network stability. However, the project has faced plenty of roadblocks, with the SEC’s aggressive regulations as the most notable. Now, Remittix gets into the mix, with a unique use case, but with less legal baggage.
While other fintech apps let you enjoy fiat-to-fiat or crypto-to-crypto transfers, Remittix allows crypto-to-fiat settlements. The Remittix Pay API works like your regular payment apps, but better and more securely. Users can pay or cash out in over 30 fiat currencies and receiving payments is free.
At the core of API is the Remittix (RTX) token that’s currently in presale. It’s built on Ethereum (ERC20) and will drive the API’s growth after launch. Holders can use the RTX to set the service’s direction and it can also be used for staking, promising anywhere from 4 to 8% interest per annum.
DOGE remains bullish, set for a price breakout
Per CoinGecko, DOGE is up 10% from its last week’s price
The ‘first meme coin’ can’t be knocked, and it currently shows. It’s currently trading between $0.1749 and $0.1824, continuing its sideways price action since last week. But if we follow crypto analysts’ take on DOGE, it’s expected to surge soon. Technically, the asset’s price has finished its third breakout from the falling wedge relative to Bitcoin. Historically, it often leads to price action.
Interestingly, Dogecoin recovered quite well from its $0.1298 support levels, at the price of around $0.1824. Analysts say that it’s still trading at a discount. For crypto commentator Ali Martinez, Dogecoin needs to close above $0.20 at the end of the month to sustain its surge.
Old guard vs the ‘new XRP: Can RTX pull it off?
Dogecoin, as the premier meme coin, banks on its growing community and vibrant fanbase of degens. Technically, there are a few signals that point to a price surge soon. But revisiting its ATH can be quite a stretch at this point since it must breach the $0.20 support first.
For buyers and traders looking for a promising narrative and potential price blockbuster, Remittix looks attractive. Unlike Ripple’s XRP, that’s been slowed down by regulatory checks, Remittix proceeds with its plan like a crypto on a mission.
Like DOGE, RTX is surging towards its official listing, backed not by hype but by its promise to reshape the PayFi landscape. Its token, the RTX, currently sells at $0.0757, with nearly $15 million raised. Launched at $0.015, with a price increase in every stage, RTX can offer huge ROI for early buyers and adopters.
Interested to know more about RTX and how it will re-shape PayFi? Learn more about its presale and tokenomics:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
