Dogecoin (DOGE) and Remittix (RTX) Are Beginning to Show Signs of a Bull Run

After a long while struggling for balance in the ecosystem, Doge has found some stability since Elon Musk took over the reins of its treasury, and it is now showing signs of a bull run. It is expected that Doge goes up in value. Experts are predicting that there is a possibility of Dogecoin going as high as $2.00 in value before the end of the year.

Dogecoin (CRYPTO: DOGE) is showing signs of a bull run after a long period of struggling for balance in the ecosystem. The cryptocurrency, which is now overseen by Elon Musk and his team, has seen a surge in value and is expected to continue rising. Experts predict that DOGE could reach $2.00 in value before the year ends.

Meanwhile, a new cryptocurrency called Remittix (RTX) is also experiencing a bull run. Holders of RTX are optimistic about the investment potential of this payment institution.

Here's what happened:

Elon Musk announced last week that the D.O.G.E department had cut costs, saving the citizens of the United States about $1 billion. This announcement sparked conversations about how Dogecoin could surpass the $2.00 mark this year.

Investors are bullish on Dogecoin due to the positive market sentiment towards the cryptocurrency. This is also true for the holders of Remittix, the payment institution that has launched its own public presale. The investment potential of this memecoin has made its investors more than happy to hold.

To make cross-border cryptocurrency transfers, holders, businesses, and enthusiasts currently have to go through a not-so-easy and largely inefficient process. That's because the institutions available for this purpose are stressful to use. That is why Remittix was created.

This payment platform, which essentially combines the best aspects of the traditional payment system and the new order of decentralized and digitized finance, is gaining ground as it solves the problem of efficient, safe, fast, and user-friendly Cross-border payments. Also called PayFi, it allows its users to pay FIAT into any bank account around the world using crypto.

Currently, the payment systems we have are majorly for crypto-to-crypto or FIAT-to-FIAT transfers. None offer the services of allowing a direct transfer of crypto to FIAT payments without the initial need to convert our crypto assets into traditional currencies. Remittix comes to fix this problem and allows the direct transfer of crypto from anywhere in the world into a bank account as a FIAT payment, be it USD, EUR, NGN, or whatever currency. This is important for crypto enthusiasts because it allows them to maintain the true nature of their cryptography while also finding a way to tie this digitized market into modern-day finance and banking.

This payment institution is unique in how it approaches problems and in the services it offers to its users. Many businesses that want to incorporate blockchain technology into their business will find it easy to do so now as they can begin to accept direct crypto payments into their bank accounts via the Remittix payment system. This makes business easy and also makes payments faster for customers.

Remittix also empowers businesses who are wanting to accept crypto by introducing the “Remittix Pay” API, allowing businesses to accept crypto payments from their customers and settle transactions in fiat to a nominated bank account.

The Remittix public presale is gaining traction because of the platform's uniqueness, which is beginning to attract investors and is expected to sell out in 8 weeks. Remittix aims to raise about $36 million in presale and has made a total of 750 million tokens available.