SHIB and DOGE holders investigate new crypto that could turn $1000 to $100000

SHIB and DOGE holders look into Remittix’s potential to turn $1,000 to $100,000.

Shiba Inu (SHIB) and Dogecoin (DOGE) holders are reportedly switching their attention to a new crypto tipped to deliver massive returns. While DOGE and SHIB remain top contenders in the meme coin space, investors are investigating Remittix as the next big crypto.

Known for its PayFi solutions, Remittix stands apart from meme coins by offering real-world utility. Analysts suggest this new crypto has the potential to transform $1,000 into $100,000 in the next market surge.

Remittix smashes $2.6m, outperforms presale projections

Remittix is a PayFi platform that simplifies international money transfers, connecting digital and traditional currencies to allow instant fiat conversion from over 100 cryptocurrencies to any bank account worldwide.

There are no foreign exchange fees, and recipients receive payments in their chosen fiat currency without knowing it originated from cryptocurrency. Remittix stands out from competitors like Coinbase, Stripe, and Wise. Unlike them, it supports direct crypto-to-fiat transactions, offering users more flexibility.

Businesses can use the Remittix Pay API to accept crypto payments and settle fiat transactions in bank accounts. Merchants can also manage withdrawals using over 50 cryptocurrency pairs and 30 fiat currencies.

The Pay API works worldwide, even in regions with limited banking infrastructure. Features like smart contracts automate fund distribution based on compliance. The platform also integrates with dApps and payment gateways.

Remittix saves users money by cutting out middlemen in currency conversion. Stablecoins reduce volatility and simplify cash transactions.

Security is also a priority for Remittix. It uses advanced measures, regular audits, and blockchain technology to protect users. Transactions cannot be reversed, safeguarding merchants from chargeback fraud.

Remittix has raised over $2.6m in only a few weeks and is currently selling for $0.0199, a massive rise from its initial price of $0.015.

Shiba Inu debuts TREAT

The Shiba Inu team officially launched the TREAT token on January 14, marking an exciting development for the community. Trading for TREAT began on prominent exchanges like Bitget, KuCoin, and Gate.io. 

Early airdrop recipients were rewarded with 1,250 TREAT tokens each prior to its debut, with the token seeing a price spike to $0.15. Shytoshi Kusama, Shiba Inu’s enigmatic leader, hinted at further rewards for TREAT holders.

DOGE struggles to retain investor confidence

After starting as a token based on internet memes, Dogecoin became dominant in the cryptocurrency industry in 2021. From its January low of $0.0055, DOGE soared to an April high of $0.43, an increase of 677%. In just five months, DOGE value increased by 13,200%, reaching a record high of $0.73 on May 8. This spike emphasized the market’s excitement and the token’s popularity.

However, DOGE has failed to repeat its 2021 performance. Looking for fresh chances, many early investors are leaving, including one who made $180,000 from $124.

DOGE’s recent price rise indicates an improvement in attitude, and the crypto community will keenly monitor its future actions. Nonetheless, neither DOGE nor SHIB has offered enough promises or prospects as Remittix this January.

For more on Remittix, visit their website or socials.