Remittix (RMTX) Promises 12,000% Gains As Dogecoin (DOGE) and Shiba Inu (SHIB) Lose Value

The crypto space is taking a drastic turn with Dogecoin and SHIB losing their value and most investors now switching their attention towards Remittix.

In the dynamic realm of cryptocurrencies, Dogecoin (DOGE) and SHIB have been making headlines for different reasons. While both tokens have lost value amidst the crypto winter, they continue to attract investor attention.

Dogecoin, the meme token that burst onto the scene in 2021, has seen a significant decline in recent times. After reaching a high of over $0.75 earlier this year, Dogecoin is now trading at around $0.1666.

The price drop of 16.49% in the past week alone has led to increased skepticism among investors, who are considering the possibility of further declines and the impact on their future earnings.

However, despite the gloomy outlook, there is still interest in Dogecoin, evident from the 136.46% surge in trading volume over the past 24 hours.

Moreover, the approval of Dogecoin’s ETF, which is reportedly expected within the coming weeks, could push the coin 232.48% higher to reach $0.5520 by April 11.

Next up is SHIB, which has also seen a significant decline, with many reports noting a 6.61% drop over the past week to about $0.00001220.

The decline in SHIB Price has led many to question the long-term strength of the world’s 15th largest cryptocurrency.

As reported by AMB Crypto, SHIB faces challenges that could limit its growth, especially in the current economic climate, which may not favor meme coins.

Investors are checking SHIB Price charts every day, hoping for a recovery but fearing further falls, especially if macroeconomic conditions worsen.

According to the analysis, if market trends continue downward, the current SHIB Price may not hold. But if market conditions improve, SHIB is expected to remain stagnant and dip slightly by 1.79% to reach $0.00001179 by April 11.

Remittit Brings DeFi Coin to Address Real Payment Issues

Remittit is a new-generation PayFi platform that is making waves in the crypto world. It is a unique project that has a clear purpose: to help people send money to any part of the world with no additional steps.

Remittit is making it easier for people to send cryptocurrency directly into a digital wallet and further into cash. This is especially helpful for the unbanked population, which is estimated to be 1.4 billion people.

Remittit’s PayFi initiative streamlines the time-consuming, elaborate and expensive process of cross-border transactions. Its simple platform functions through facilitating crypto-to-fiat in a process where users receive full control of their money and their identities remain anonymous.

Remittit has already sold over 518 million coins during its ICO, a testimony that its dream can be relied upon by the majority. The token is currently trading at around $0.0734 and is one of the best cryptos for investment due to its potential for expansion and usage.

Remittit reduces the expense and speeds up the transfer. It also does the transfer quickly, which is a clear advantage over the conventional payment schemes.

The crypto is brought into the mainstream world through the introduction of the scheme. It empowers the users with the option to transfer the money as easily as sending a text message.

By bringing the use, control and privacy of cryptography into the mainstream banking model today, Remittit is quickly gaining the attention of the masses around the world.

Its solution could mainstream crypto by addressing real-world problems, and its token can generate returns many orders of magnitude higher than conventional meme coins, based on most estimates.