Cryptocurrency

User Loses $50 Million On AAVE Swap As Pi Coin Holders Switch To Real World Utility Altcoin Remittix

Written By : IndustryTrends

There is currently a level of panic across DeFi as liquidity pools prove brutally unforgiving. Reports show that a trader just lost $50 million on AAVE in a single botched swap.

The incident and the broader question about what the best crypto to buy now is has proven especially sharp for Pi coin holders, who watched PI surge 126% from its February lows before crashing after a lukewarm Kraken listing on Pi Day.

While traders process the AAVE news fallout and Pi’s post-listing volatility, a growing cohort of investors is rotating toward projects with real-world utility and tighter risk profiles. For those searching for the best crypto to buy now, Remittix, a PayFi protocol with over $29.7 million raised and an ICO racing to an end, is entering the conversation. Let's get all the details.

AAVE News: $50 Million Gone in 30 Seconds

The March 12 incident is now classified as the largest DeFi user error on record. CoinDesk reported the swap was routed through CoW Protocol, converting aEthUSDT via Aave V3, through Uniswap, and into a SushiSwap pool that lacked depth.

Titan Builder extracted $34 million via a sandwich attack; a second bot captured $10 million. The AAVE news also follows a separate oracle misconfiguration that caused $26 million in wrongful liquidations. Despite these setbacks, Aave hit 155,000 monthly active users in February. 

For anyone evaluating the best crypto to buy now, the episode is a reminder that protocol growth does not eliminate execution risk.

Pi Coin: Kraken Listing Fizzles as Supply Pressure Mounts

Pi Network landed its first major U.S. listing when Kraken went live on March 13. The token surged to $0.30 before Pi Day, then reversed sharply—Kraken’s opening volume was just $451,722 against $155 million in daily total. 

Aggressive unlocks continue, with 21 million coins released on March 7 and exchange supply nearing 435 million tokens. For Pi holders seeking the best crypto to buy now, the gap between enthusiasm and adoption metrics is hard to ignore. Some are reallocating to projects where utility is live rather than perpetually promised.

Why Former AAVE and Pi Investors Are Looking at Remittix

The AAVE news cycle exposed how thin liquidity destroys capital in seconds. Pi’s post-listing selloff showed what happens when hype outpaces product. Remittix offers something different: a launched crypto-to-fiat payments platform targeting $50 billion in annual remittance fees. 

The iOS wallet is live and processes transactions. For investors researching the best crypto to buy now, five features stand out:

  • Crypto-to-Fiat Settlement in 30+ Currencies. Over 100 cryptocurrencies accepted. Recipients receive bank deposits with same-day processing.

  •  CertiK Grade A Verification. Top-ranked pre-launch token on CertiK Skynet with full team identity verification.

  • Zero Foreign-Exchange Fees. Flat-rate pricing eliminates the hidden markups that traditional providers extract.

  •  Staking Up to 18% APY. No buy or sell tax on RTX. Zero vesting for presale participants.

  • Confirmed Exchange Listings. BitMart and LBank secured. Team tokens locked for three years.

The Takeaway

This week’s AAVE news will be studied for years as a cautionary tale. Pi’s post-listing correction will test holder conviction through Q2. But for investors who want the best crypto to buy now with a working product behind it, Remittix’s final presale stages offer a narrow window. 

Many consider it the best crypto to buy now for real-world utility exposure. Experts also say the best time to act on an opportunity like this is now before the final phase of the presale runs out.

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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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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