Crypto Whales Are Betting Millions On This $0.07 Altcoin Beating Dogecoin (DOGE) To $1

Reaching dollar parity is most altcoins’ first price target, and in this upcoming bull market, there will be many more new $1 alts. Many won’t make it, however and the race is on between legacy memecoin, Dogecoin and new DeFi protocol, Remittix . DOGE needs little introduction, but the question is: will Dogecoin ever hit the golden goose of dollar parity? There’s a lot of expectation on a new presale token, Remittix, which is readying DeFi for mainstream adoption. But which one will be the first to hit $1? Let’s take a look at both. Remittix Up 400%, Could Smash Dollar Parity After MainnetLaunch Remittix has caught major attention in the crypto space as its presale continues to deliver exceptional growth. Launched at just $0.015, the $RMX token has now surged to $0.0781. This is during the bearish months of Q1, marking a 400% increase as momentum continues to build. With its mainnet launch fast approaching, many analysts are speculating whether Remittix could smash through the $1 mark during this bull market. Source: CryptoDnes At the core of Remittix’s success is the way it has delivered what DeFi was supposed to all along: a practical and innovative approach to crypto utility. The project is built around a PayFiprotocol that allows users to send crypto to their bank account, converting into their local fiat currency and all with zero FX fees and flat-rate transaction costs. With over $15 million raised in its ongoing presale and interest rising, Remittix has become a serious force in the DeFi and TradFi spaces. As the mainnet nears launch, many investors believe this is just the beginning, especially as the market is expected to be super bullish over the next six months. If growth continues at the current pace, Remittix reaching dollar parity seems as inevitable as Bitcoin adoption. Could Wrapped Assets on Dogecoin Be Catalyst for New ATH? Dogecoin may be on the brink of a major breakout as Coinbase Assets revealed plans to launch cbDOGE : a wrapped version of DOGE, which will be available on the Coinbase Base network. Wrapped tokens like cbDOGE can unlock new DeFi use cases for the memecoin king. It will enable cross-chain functionality and smart contract interactions and potentially open up much more liquidity and drive fresh demand for DOGE. Market observers are taking notice: “The same infrastructure expansion for Dogecoin could bring similar growth in liquidity and exposure,” said one analyst , citing Coinbase’s cbBTCproduct, which hit a $1 billion market cap in under two months. Source: Trading View Meanwhile, Dogecoin is trading a little above $0.23. One analyst predicts DOGE could reach $1 by the “end of summer,” a 320% surge from here. And with wrapped assets coming to Dogecoin, it may be the spark that propels it to a new all-time high. Conclusion The race is on. It’s all fun and exciting for investors, but Dogecoin only needs to 4X from here. Anyone who knows about the memecoin king knows this is well within reach this year. Remittix needs to 14X from its current price, but it’s still in the presale phase . Once it launches the mainnet, it should be all systems go for the DeFi saviour. Either way, both altcoins are a buyand they should be a part of a well-diversified portfolio. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ ​ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: Crypto Daily