Positioning for the next leg up of the bull cycle is in full swing, and investors are looking for the next crypto to reproduce PEPE’s and Shiba Inu’s run. However, market watchers and analysts have just dropped a bombshell that investors find hard to believe. Market watchers stated that the next cryptocurrency to deliver the massive gains that Shiba Inu and Pepe delivered won’t be a meme coin. They further reinforced that utility-driven projects, specifically, PayFi solutions, and one in particular, Remittix, is positioned for the next wild run.
During the 2021 bull run, Meme coins were the hottest crypto of the year. Dogecoin led the pack, securing endorsements from Elon Musk, and was adopted as a mode of payment by Tesla and other companies.
After the 2021 frenzy, interest in meme coins waned, and as the tokens offered no utility, their prices plummeted massively. The Meme coin market cap, which once stood at over $67 billion, is pegged today at $46.50 billion.
The drop in meme coin interest is also sponsored by the broader diversification into utility-driven projects. Investors are aware that meme coins often follow the market tide and are heavily affected during bearish periods, which is why they choose projects that can withstand market fluctuations.
Analysts believe that the next 1,000x will come from utility-focused projects, especially Payfi solutions, due to the increasing adoption of cryptocurrency as a mode of payment. Amidst the myriad PayFi solutions, Remittix (RTX) stands out as the best investment pick due to its unique utility and sustainability plans.
Remittix (RTX) is attracting utility-driven investors. Built as a PayFi solution on the Ethereum blockchain, Remittix enables instant crypto-to-bank transfers across more than 30 countries and supports over 40 cryptocurrencies.
Its app features real-time FX conversion and fast, secure, seamless transactions, eliminating the need for KYC headaches. Unlike meme coins, Remittix’s token (RTX) is built to power an ecosystem that handles million-dollar transactions.
Remittix highlights:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveaway