DOGE, SOL show limited upside as this PayFi altcoin tipped as the best to buy today
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Recent market data has played up three scenarios, as noticed by market observers.
Dogecoin is struggling with market volatility and failing to break resistance due to the absence of utility.
Solana is now a large-cap crypto, which means limited upside.
But for this PayFi altcoin called Remittix (RTX), there’s enough room for growth and catalysts to drive such a rapid ascent.
Which of them is the best crypto to buy today? Is it Dogecoin, Solana or Remittix? Let’s get into it.
Dogecoin price struggles against market resistance
The first meme coin launched in the crypto market was Dogecoin, which traded at $0.004 in January 2021 before it became mainstream.
In about three to four months, DOGE traded at $0.7, which is about a 1,100% increase. Its highest peak so far has been $0.71 and since then, it has continued to trade in the valley.
Although DOGE is still loved by many, it has lost its explosive phase and has failed to retest its all-time highs and this has disappointed many investors.
Another reason why Dogecoin doesn’t pass as the best meme coin is that it lacks strong utility beyond hype.
Solana price analysis
Meanwhile, Solana trades at $202.58, following a 2% dip in recent days.
This altcoin’s market cap is $110.15 billion, with a high trading volume of $5.28 billion, having seen more than half of it wiped out in less than 24 hours.
Solana might retain its reputation as the go-to option for rapid transactions and low gas fees.
However, its foundation on speculative meme buzz has recently added more volatility. Plus, its large cap has also restricted growth.
Source: TradingView
Remittix rapid growth leverages utility and product developments
Remittix, on the other hand, uses local payment networks and blockchain technology to facilitate crypto-to-fiat transactions worldwide.
This empowers crypto holders and businesses in over 30 countries while supporting 40+ cryptocurrencies.
Remittix is the bridge between traditional payments and cryptocurrency. It is designed for both crypto and non-crypto users.
It can also be used by business owners, freelancers, and remitters. This is a $19 trillion global gap that Remittix has bridged.
In summary,
- Remittix can be used by both crypto and non-crypto users, including business owners and freelancers.
- Remittix is fast and reliable and does not have FX conversion problems.
- The addition of the Remittix wallet this month is set to rev up momentum
- Remittix is safe to use as a full CertiK audit has been completed, and liquidity and team tokens have been locked for three years.
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
The post DOGE, SOL show limited upside as this PayFi altcoin tipped as the best to buy today appeared first on Invezz
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