The liquidation that occurred in the past 24 hours in the market has prompted investors to reassess their portfolios. Top meme coins like DOGE and SHIB were affected, resulting in billions of dollars in losses during the liquidation.
Investors are now increasingly diversifying away from meme coins to utility-focused projects, which tend to be less susceptible to market volatility. Shiba Inu investors are massively diversifying into a PayFi solution called Remittix (RTX).
Shiba Inu whales have dubbed Remittix “XRP 2.0” as it's set to challenge Ripple's dominance in the payment utility space. The whales believe that the RTX price will surge from $0.1130 to $40 in the coming months.
Why Shiba Inu Whales Are Diversifying.
While Shiba Inu remains dominant in the Layer 2 utility, the limited merchant adoption and the underwhelming execution of its Shibarium Layer‑2 upgrade have caused its price to lag.
Shiba Inu is showing renewed momentum, with its burn rate and trading volume increasing dramatically daily. Shibburn said over 269,706 SHIB were burned in the past 24 hours.
However, with Shiba Inu's excessive token supply of over 589 trillion and a $7.1 billion market cap, it can only offer modest gains. Investors are tired of small gains, hence why they are diversifying into Remittix, which is poised for a 1,000x return.
Remittix, The 100x Investors Shiba Inu Whales Are Buying
Remittix (RTX) is built on the Ethereum blockchain to facilitate cross-border crypto-to-fiat transactions in over 30 countries and supports more than 40 cryptocurrencies.
The nickname “next XRP” reflects Remittix’s vision. Just as Ripple (XRP) rose up to become the leading payment company, Remittix (RTX) targets global remittances and is set to challenge XRP's dominance.
Remittix is bridging a $19 trillion payment gap between traditional payment systems and cryptocurrency. It has a business API that freelancers, marketplaces, and SMEs can use to receive payments.
Remittix highlights:
- A full CertiK audit has been completed; liquidity and team tokens have been locked for a period of three years.
- Users can earn up to 15% referral rewards by sharing the project
- Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and remitters.
With key catalysts lined up, including whale accumulation and interest, CEX listing and adoption, RTX is poised to soar from $0.11 to $40.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway