The crypto world is always changing, and at the moment, it is one meme coin BONK, which seems to be losing its shine. In addition to launching BONK, it enjoyed a large splash, but many of its investors are now transferring their money to alternative sites. Remittix, a new project that may shake up the crypto world, is about to become the new focus of Solana (SOL) whales.
Recent Struggles for BONK
After launching in December of 2022, a meme coin based on the theme of dogs, BONK, became popular very quickly. The result saw Solana’s (SOL) price soar by 34% in the span of 48 hours and BONK’s price doubled. At first, the hype around BONK was endless with its distribution that gave half of the supply to the Solana community. But over time, things changed. Whereas the initial excitement quickly wore off and BONK has failed to achieve anywhere near the same growth as Solana.
Introducing Remittix: The New Payment Solution
In the past week, BONK’s price has fallen by 22 percent while Solana has experienced a small drop of about 2 percent. With BONK’s trading volume having almost fallen by 40%, this has made many investors nervous. A problem with BONK is that many do not think it offers enough real-world use cases to warrant its value. Although it can be used as collateral in crypto loans, it hasn’t yet become the top choice for much else. Now investors search for a new opportunity and they find it in a new Remittix token.
Remittix Pay: A Game-Changer for Businesses
New cryptocurrency providing remittix aimed to change the way how payments will be made. Unlike other cryptocurrencies, which can be very difficult to use in the real world, Remittix lets its users send money in cryptocurrency or any other currency which is then converted into fiat (traditional) currency, and deposited directly to the recipient’s bank account. For example, if you send $2,000 in Ethereum to a friend in another country, they will get exactly $2,000 in their local money, with no extra fees or exchanges.
Additionally, Remittix offers businesses an added advantage. Remittix Pay is an API it offers to businesses that allows them to accept payments through cryptocurrency. The best thing is that the business will get such payments as regular fiat money doesn’t need to mess with the crypto price volatility. It allows companies to accept crypto payments without fear of losing money to the market shocks.
The Promising Future of Remittix
Remittix presale is already becoming the talk of the town. It has only just raised close to $9.6 million and the token price is at $0.0479. According to experts, it may surge by 300% before the presale ends and even up to 2,000% immediately after the token launch. Given that the presale is 75% done, many investors, especially Solana whales, will be waiting to jump on the bandwagon.
Conclusion: The Rise of Remittix
In conclusion, BONK is fading away while Remittix is growing. The new project is almost nothing like other projects and focuses on bridging the crypto and traditional banking systems which is making it a big hit out there and the next big project in the crypto world.
The presale of Remittix is already attracting more investors, which means the future of this project will be bright.
Also read: JUP Price Soars 25% After 3 Billion Token Burn and Key Developments
