Solana, SHIB, and Dogecoin’s holders are banking on a new crypto project due to its massive market potential and price actions. Currently in its presale, RTX, the native utility token of Remittix, is set to revolutionize the global remittance market and pump hard in this bull season. As such, token holders are selling their bags to invest in this new token.
Solana’s Media Frenzy Ends with Trump’s Inauguration
Solana’s price rose to $280 just before the U.S President’s inauguration, however its price faltered after the launch of the $TRUMP hitting a price resistance level around the $240 mark.
As of this press, SOL is trading at $253, a 7% rise in the past day, representing a 33% increase in the past 7 days. However, data from TradingView suggests strong buying signals, potentially delivering high returns.
Other indicators suggest a potential rebound fueled by robust ecosystem growth and institutional interest. However, Solana’s investors are currently seeking better alternatives that could give multiple yields.
SHIB’s Investors May Look Elsewhere Despite Positive Outlook
Meanwhile, Shiba Inu recorded a 613% burn rate today January 22, according to data from Shibburn. This massive burn rate upside came after 3.24 million tokens were sent to a null address, permanently diminishing the token in supply.
This burn rate has a positive effect on Shib’s price as the token is seeing a 1.4% rise in the last 24 hours, currently trading at $0.00002048. The coin’s 24-hour low and high were $0.00001983 and $0.00002127, respectively. This minimal rise price of Shib was a result of positive market sentiment and general recovery of the crypto market. Along with Shiba Inu, DOGE, PEPE, and TRUMP also witnessed significant upside moves.
A pseudonymous crypto analyst VipRoseTr forecasted Shiba Inu’s price on X, noting that a $0.00004029 price target is ahead for the asset. However, this depends on the general market trend, making investors put eyes on a new token.
Dogecoin Could Drop to $0.20 Support Level
With Bitcoin rebounding to the $105, 000 mark, Dogecoin’s price followed suit, recording 5.4% upswing in the last 24 hours. Currently trading at $0.3646, its market cap stands at $53.81 billion with a trading volume of $8.02 billion in the past day.
Now as Dogecoin’s price is above the $0.35 psychological mark, a more bullish outlook is now expected. Dogecoin’s daily technical indicators reveal that the price trend over the past few weeks has maintained a sideways shift between $0.30 and $0.40.
For a bullish move, the Fibonacci levels point to a price target at the 50% level of $0.4973. However DOGE’s crucial support is at $0.20 if the price drops. Meanwhile, the proposed Dogecoin ETF has added to its positive market sentiment. But how these would improve its price remains sketchy, leaving investors with no choice than to seek RTX as an alternative.
Investors’ Rush to RTX as the Most Viable Crypto Coin
Remittix (RTX) presents an altcoin ready to transform world payments as big blockchain networks like Ethereum and Cardano experience difficulties. Offering a quick solution for international money transfers, Remittix connects blockchain technology and conventional banking with its creative PayFi (Payment Finance) concept.
Users of this innovative method can send $500 overseas in cryptocurrencies and the identical amount will be received by the recipient straight into their fiat bank account. There are no hidden costs, no trouble with currencies and no technical crypto expertise needed.
Remittix appeals for its special characteristics meant to streamline international transfers. It offers flawless worldwide transfers to any bank account, therefore removing the typical complication of cross-border payments. Using a clear flat-rate pricing system free of hidden fees, the platform is also quite reasonably priced.
Priority is speed and security; near-instant settlements underpinned by blockchain dependability and traceability. Remittix is perfect for enterprises negotiating the expanding crypto scene since it provides flexibility through APIs allowing taking bitcoin payments while settling in FIAT.
Remittix also brings RTX, its native token, valued at $0.0272 in its ongoing presale, which has raised over $5.2 million. With only 1.5 billion coins on hand, RTX has drawn the interest of investors. Its value may rise dramatically by 2025 providing up to 100x profits, according to experts’ analysis. Along with the platform’s value, RTX’s great growth potential makes it a significant rival to more established tokens in the cross-border payment market.
Worth about $190 trillion, the worldwide banking sector is ready for change and Remittix is positioned as a leader in this process. Now is a great time to participate in its presale as early investors could see an 800% rise in their holdings even before launch.
Discover the future of PayFi with Remittix by checking out their presale here:
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 