In a newly released Dogecoin price prediction, market watchers and analysts have reported that the leading meme coin might be in for losses as Bitcoin’s volatility continues. This forecast is coming weeks after the market plunged into a crash that caused over $30 billion in losses.
While it appears that volatility is still raging, whales are investing in the emerging PayFi altcoin, Remittix (RTX), as a hedge against market fluctuations.
Dogecoin Price Prediction: Why DOGE Is Headed For More Losses
DOGE, like a typical meme coin, offers no utility and relies on hype, trends and market momentum. In the past, DOGE was able to resist market influence due to Elon Musk’s endorsement, hype and increased retail adoption. However, ever since the hype had faded away, the once-dominant token has become a subject of the market, tossed about as it wishes.
The bearish dogecoin price prediction is further sponsored by the decreased interest in meme coins. The meme coin market, which once peaked at $62 billion, has decreased to around $52 billion, prompting investors to opt for utility-driven projects over them. An utility-driven project investors are currently running into to hedge against current market volatility is Remittix (RTX).
Remittix (RTX), The Best Altcoin To Buy Now
Designed as a PayFi platform, Remittix enables instant crypto-to-bank transfers in over 30 countries, supports more than 40 cryptocurrencies, and offers real-time foreign exchange conversion. It is bridging a $19 trillion global gap between traditional payment systems and cryptocurrency.
The Remitix team is now verified by , the #1 blockchain security firm and RTX is ranked #1 on for pre-launch Tokens. Remittix also offers an API designed for freelancers, SMEs and other businesses to process cryptocurrency payments.
Remittix Highlights:
- A full audit has been completed; liquidity and team tokens have been locked for a period of three years.
- RTX is built for real-world utility and adoption.
- Beta testing for the Remittix wallet is now live, with community users actively testing it.
- Remittix offers a referral program where users earn a 15% bonus on their referee’s presale purchase in USDT. Rewards are instantly claimable every 24 hours via the Remittix dashboard for withdrawal or reinvestment.
- Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers and remitters.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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