Can a token that classifies as a penny stock hit $10?

The article discusses the possibility of a token, classified as a penny stock, hitting $10. In the realm of crypto, this isn't science fiction; it's a trend. Tokens like Dogecoin and Hedera Hashgraph (HBAR) are similarly priced at around $0.18 and both have set their sights on reaching the $10.00 mark. Is this even feasible? It’s worth exploring, but the spoiler is that even if they do, the new token Remittix will outpace both of these and makes a much more interesting investment perspective and is undoubtedly the best crypto to buy now.

Dogecoin (DOGE): Are memes still the best crypto to buy now?

Let’s burst the bubble right away: despite its popularity and culture-warrior status, Dogecoin’s growth phase is over. While Doge is firmly in the top-ten tokens by market cap, Dogecoin has reached its natural level and will now fluctuate with the market ebbs and flows, but chances are, Dogecoin will fade to nothingness.

For Dogecoin to reach the $1.00 mark, it would need to be 5x, with a resulting 5x in market cap, too. That would put it on par with BNB and that is unlikely to happen. For a 50x to make it to $10,00, Dogecoin would need a larger market cap than the top-10 tokens combined.

Hedera Hashgraph (HBAR): A dollar in 2046, $10 a dream

Utility tokens will always outperform those relying on mere public sentiment, which is why Hedera Hashgraph (HBAR) is worth looking at. HBAR is a Layer1 blockchain, which gives the usual marketing talk about how better it is than others. Looking at the HBAR forecast, one can see a definite pattern of cyclical upticks.

Can HBAR reach $10.00? According to Coincodex, not at all. It will only reach the $1.00 mark in 2046. HBAR will make investors much more money than Dogecoin, as this is a token with real-world application, but it is still a slow climber compared to other tokens. It’s plain as day: 5x growth in 20 years? The best crypto to buy can deliver 5x in a month.

Remittix (RMX): Best crypto to buy for short-term growth and long-term sustainability

For a token that can meet and exceed even the most optimistic crypto pundits, Remittix is raising its hand as the best crypto to buy now. Remittix’s claim is that it is not a feel-good coin built on hype and marketing hyperbole, but rather the best use case for crypto since Bitcoin.

Remittix is the world’s first Pay-Fo token, allowing users to use cryptocurrency to make global payments into almost any fiat-based bank account across the globe. The advantages here are that the transaction clears almost instantly, eliminating the days-long wait for funds to clear, the fees are a fraction of traditional bank charges and there’s no administrative hassle or paperwork to wade through.

Remittix is democratising the world of commerce, making it easier to make cross-border inter-currency payments, thereby freeing up the free market to do what it does best: keep the wheels of industry oiled to create value.

The investment case here is enormous and it’s likely Remittix would not just give a mere 5x or 50x, but can join the ranks of the big guns and return 100x. Even YouTube bloggers agree.

Conclusion

Hedera Hashgraph (HBAR) and Dogecoin may claim they can reach $10.00, but the math just does not work out. Meme coins are yesterday’s news and while HBAR has some redeeming factors, the truth is that there is just not enough growth potential here to interest the serious investor.

Remittix, though, is making a strong case to be the best crypto to buy now. It is priced at just $0.0757 and it is the best crypto presale of the year.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io

Socials: https://linktr.ee/remittix