The cryptocurrency market has not yet made any move, either bullish or bearish, since the beginning of Q4. However, investors are quietly positioning as the prediction of Uptober (a bullish month) continues to circulate.
A recent Dogecoin news release has sparked uproar among investors across various communities. While this bullish news may seem impressive to some investors and traders, seasoned traders are looking away.
They believe DOGE price can not deliver massive gains, hence they are searching for an altcoin that will reproduce its early success of 2021. An emerging PayFi project, Remittix (RTX), seems to be the savvy investors’ pick, as they believe it's set for a 1000x.
Earlier today, Whale Alert reported a mass transfer of 88,000,000 DOGE, worth over $21 million, from Bybit to an unknown wallet.
Ever since the Dogecoin news has been reported, some investors have taken this as a sign of an impending rally. While this is a whale-sized move, there's no official confirmation on the 88 million DOGE transfer. The market is on edge, as similar transactions have historically triggered volatility.
Social chatter is intense yet divided: some see accumulation, while others fear profit-taking, but panic is not yet dominant. Rather than joining in the buzz, the savvy investors are investing in Remittix (RTX), an emerging Payfi, which they believe will replicate DOGE's early success.
Remittix is building a real-world utility that facilitates direct crypto-to-fiat transfers across more than 30 countries and supports over 40 cryptocurrencies. It's positioned to bridge the $19 trillion payment gap between traditional payment and cryptocurrency.
The PayFi offers referral programs for users to earn a 15% reward on the people they refer to buy RTX presale. Remittix (RTX) focuses on retail and business adoption, with APIs designed to help merchants and freelancers process crypto payments seamlessly.
Remittix Highlights:
A full CertiK audit has been completed; liquidity and team tokens have been locked for a period of three years.
Beta testing for the Remittix wallet is now live, with community users actively testing it.
Recipients do not need a wallet; it's fast, reliable, and eliminates FX conversion problems.
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
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