Dogecoin’s Corporate Arm Acquires Majority Stake In Italian Soccer Team

Dogecoin just took a big swing into European football. House of Doge, the corporate arm tied to the Dogecoin Foundation, is now the largest equity holder in U.S. Triestina Calcio 1918. This move is a deliberate attempt by Dogecoin to push for better real-world crypto adoption through sports.

In other major news, Remittix, a new PayFi altcoin on Ethereum, just rocketed past $27.5 million in private funding as investors now look to back utility tokens with solid potential.

What The Deal Means For Dogecoin

Chart analysis shows that Dogecoin is currently trading around the $0.2 mark after falling all the way down to $0.15 days before. This deal is a direct attempt to drive more visibility and adoption for Dogecoin. House of Doge notes that this deal is actually beneficial for both parties as the historic Italian club gets fresh capital for football operations and community programs.

Meanwhile, the plan includes crypto payments for tickets, concessions, and merchandise at home games, pairing sport with crypto rails and fan rewards for better adoption. The impact of the news is already evident, with the Dogecoin token price already starting to rocket upwards. Dogecoin is also planning to list on Nasdaq through Brag House, signaling a push for broader mainstream visibility. 

Adoption Flywheel And Sports Reach

It is already a proven fact in crypto marketing that sports partnerships can bring new wallets and recurring payments. In fact, Dogecoin has already tested this path with motorsport tie-ups and fan-driven promotions. If Triestina returns to a stronger form on the pitch, matchday traffic and media attention could widen DOGE’s audience and keep the brand in front of retail fans. 

This will, in turn, lead to better token performance and increased revenue and valuation. That said, DOGE is not the only altcoin investors are watching right now. Analysts note that there is also increasing buzz around Remittix, a new PayFi altcoin on Ethereum. 

Remittix: PayFi Utility Investors Are Watching

While Dogecoin continues to build culture and reach, Remittix is already revolutionizing the cross-border payments industry. The PayFi solution has already raised over $27.5 million in private funding, with more than 679 million tokens sold. Analysts suggest that investor attention is being fueled by a series of bullish updates, including:

• Tier-1 CEX listings on BitMart and LBANK
• Successful CertiK audit
• Strong community engagement fueled by a referral campaign and a $250,000 giveaway
• The recent release of the Remittix wallet for beta testing

Dogecoin delivers brand power and sports scale, but it could take some time for the effect to kick in. Meanwhile, Remittix is already delivering rewards for investors with rising valuation and momentum.

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