Dogecoin (DOGE) and Remittix (RMX) are two distinct cryptocurrencies, each with unique origins, purposes, and market positions. But one thing these distant crypto coins share is their vision for $1.
Driven by meme fever and celebrity sponsorships, most famously from Elon Musk, Dogecoin (DOGE) peaked in May 2021 at $0.73. The coin came short by just 27 cents while supporters fought hard for DOGE to surpass the $1 mark. The Dogecoin enthusiasts are again claiming Doge can reach a buck.
At the same time, we have a new player in the cryptocurrency game. The name is Remittix. Some crypto experts say it has the potential to change the narrative by combining both fun and function. Its cross-border payment system could fill a massive market need and fulfill its vision of $1.
Let’s take a closer look at both Dogecoin and Remittex.
Dogecoin (Doge):
Billy Markus and Jackson Palmer never imagined their joke cryptocurrency would spark an entire meme coin movement. Moreover, in 2021, Dogecoin went from almost literally nothing to closing out at 27 cents below the one-dollar mark. Die-hard Dogecoiners had started the “DOGE will hit $1” movement, while on the other hand, skeptics were not that optimistic.
To date, the cynics have won. Dogecoin is now less than 20 cents, trading at a mere 75% of its ATH value. However, this only provides a partial picture. A year ago, there was a blip on the Dogecoin flatline. Doge made a 3x recovery between 28 February and 30 March. Could this be it? Then, the Trump Pump happened, and Dogecoin soared to $0.45.
If the trend continues, the $1.00 mark will be in sight within weeks. But during the Trump Dump, Doge lost almost all its gains. But since April, the tide has turned, and the market turmoil is over, even at this low price. Dogecoin has the potential to soar to $1.00, while Bitcoin is on a trajectory to reach $100,000.
Remittix (RMX):
While Dogecoin’s rise remains one of crypto’s most iconic stories, its value is still largely driven by community sentiment and celebrity backing, without a fundamental use case to support it. Remittix (RMX), a promising new token currently in presale, offers functionality and utility and has the potential to revolutionize the way cryptocurrency interacts with traditional finance.
Remittix is the world’s first crypto-to-fiat payment system that allows its users to use cryptocurrency to make direct-to-bank payments in almost every currency across the globe.
The benefits here are that, unlike many other crypto projects, the money clears almost immediately. Also, there are no regulatory issues to be concerned about, and transactions cost a fraction of the price. The best part is still to come. It is unilateral, which means the recipient receives their fiat payment as normal, unaware it was a crypto transaction.
This opens up vast opportunities for trade and industry, and Remittix has enormous profit potential. Priced below $0.08, Remittix is now available at $0.0757 directly from their website.
Conclusion
The $1 milestone has long been a target in the world of crypto. For years, Dogecoin has aimed to reach this benchmark. It’s backed by hype, community loyalty, and celebrity endorsements.
Now, a new challenger has entered the race, Remittix. It is a utility-driven token currently in presale, aiming for the same $1, but with functionality.
So, crypto enthusiasts are eager to see which one will get there first. Crypto investors should always exercise caution and do thorough research, especially with presale tokens.
