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Following the quite successful Bitcoin and Ethereum ETFs, analysts are guessing which altcoins may next be approved as institutional adoption of cryptocurrencies is accelerating at an unheard-of pace. With so many financial behemoths presenting ETF applications to regulatory authorities, Solana (SOL) and Dogecoin (DOGE) are among the most appealing choices now on the market.
While speculation about the next crypto ETF continues, Remittix (RTX) keeps creating waves in the crypto payment area with its impressive PayFi platform, which could reshape the whole sector. Keep reading to learn more.
Dogecoin Starts The Week With A Bearish Momentum
The Dogecoin price recently dropped as selling pressure rose following a sharp rejection at the $0.42 resistance. Following an 8% intraday rise, Dogecoin is currently resting at the $0.32 support and has total weekly losses almost equal 13%.
With almost $3.7 billion worth of DOGE exchanged across exchanges in the past 24 hours, Dogecoin's volume increased by over 160%, as short orders stacked up. Even with the present downturn, holders are optimistic since Dogecoin is still a possible leader given its great popularity in the crypto industry. Especially considering that it is a relevant meme coin ETF.
Renowned expert Ali Martinez forecasts a significant 4,101% increase for Dogecoin should DOGE ETFs be approved, hence driving its price to a double-digit valuation. More conservative projections, meantime, point to money aimed at the $1 level as the next important turning point. Meanwhile, more conservative estimates are currency targeting the $1 level as the next critical milestone.
Solana Dips Below $230 Before A Bounce Follows
Solana is also feeling major volatility since its down momentum from the past weekend was carried over. Solana is currently trading at $233 after an 8.5% drop over the past 24 hours.
The token hit the $222 bottom momentarily, but this is where buyers intervened, punishing late shorters and returning the price above $230.
Regarding the Solana ETF, uncertainty remains since the SEC turned down the first applications from VanEck and BitWise among other fund managers. Conversely, some analysts think Solana ETFs may see the light by the end of this year with Donald Trump advocating a pro-crypto legislative overhaul and changes in leadership.
Why Remittix Is Taking Over The Headlines In January
Remittix (RTX) is reinventing global payments and providing quick and reasonably priced cross-border solutions. From their 2017 worth of roughly $150 trillion to $250 trillion, cross-border payments are expected to have increased by 2027. Remittix is acquiring market share in this huge sector and creating a seamless and efficient solution for worldwide transactions by combining the strength of blockchain technology with traditional banking infrastructure.
Remittix lets users quickly swap more than forty top crypto coins for fiat money. These then might be transferred immediately to any bank account anywhere. Remittix is unique in simplicity. Unaware that it started as a cryptocurrency payment, recipients get a regular bank transfer. Its innovative elements let customers manage their money entirely under control and flexibility.
Remittix is the better alternative to conventional payment providers like Stripe and Wise as a link between crypto and FIAT; crypto-exclusive platforms like Coinbase Wallet. Remittixguarantees accessibility and inclusivity for companies and people by supporting over 50 crypto pairs and more than 30 fiat currencies, therefore simplifying world business with its wide selection of choices. Thanks to Remittix's Pay API, companies may now accept client bitcoin payments and handle fiat transactions to a designated bank account.
Furthermore notable is the platform's open flat-fee approach, which offers savings and clarity over high costs and inadequate exchange rates of conventional banks. Remittix is a game-changer in the payments sector where dubious methods sadly are all too widespread as this method ensures that the whole amount transmitted reaches the recipient.
At $0.0479 in its presale, the RTX token has a strong investing value. Forecasts show notable increase; demand for creative cross-border payment solutions is driving a 25x multiplier in the presale phase and over 5,000% gains following launch.
Discover the future of PayFi with Remittix by checking out their presale here:
Website:https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
