It seems Pepe and Shiba Inu investors can’t catch a break in the crypto market, following another bearish outlook on the general meme coin sector. According to crypto news today, analysts have predicted a possible sustained period of price downside for both altcoins, due to fleeting interest in meme coins.
Simply put, investors are rotating capital from meme coins to other promising narratives in the crypto market, particularly payments. Remittix, an upcoming PayFi project is one name that has popped up on several occasions on the topic of best payments token to buy in the ongoing cycle.
Analysts Deliver Bearish Sentiments To Pepe and Shiba Inu Investors
If recent reports are accurate, Pepe and Shiba Inu token holders may want to diversify their portfolios as the bull market intensifies. In crypto news today, analysts delivered bearish sentiment to Pepe, Shiba Inu and the wider community of meme coin investors. The verdict seems to be that capital may soon begin to rotate from meme coins into other better performing sectors, such as payments.
Meme coins, which have historically been the top performers in the crypto market during the bull run, have fallen on tough times this time around, riddled by poor price performance and massive levels of depreciation. Meanwhile, other sectors like payments, have hit all-time high levels of appreciation.
Remittix Among Most In-Demand Tokens In The Market: Analysts
With investors looking to rotate capital as the bull market intensifies, Remittix has emerged as an ideal option for investments thanks to its unique position in the upcoming PayFi sector and the general payments scene. Remittix is expected tp massively transform the global payments experience with impressive features and product offerings, such as:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 40% token bonus for early adopters and supporters
- 20% referral rewards for onboarding new usersÂ
Moreover, the project is quickly attracting a reputation for providing token holders with passive income-generating opportunities. A great example of this is its ongoing mega $250,000 giveaway for early adopters and supporters. To qualify for the giveaway, an investor simply needs to own some of the RTX token.
Furthermore, Remittix appears to be advancing nicely on its roadmap. The project recently celebrated hitting a major milestone, following the launch of its crypto wallet beta phase. The Remittix crypto wallet is expected to have all the functionality of a top crypto wallet with a few surprises in store.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittixÂ
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article is not intended as financial advice. Educational purposes only.
