Cardano and Dogecoin are among the top performers for the past week, as both tokens entered new zones of bullishness in that time. However, more analysts think the key to profits doesn't lie with the DOGE and ADA tokens this year.
All the momentum (and potential) lies with one of the newer DeFi projects. It has been tipped to be the XRP 2.0, and experts tip the token up for 13,000% gains when the platform goes live.
More on the new project in a bit. Let's see how Cardano and Dogecoin are doing now.
The Cardano network seemed to have gotten quite the boost last month with some major cash injection. ADA’s community voted for a $70 million investment for network upgrades. The general consensus was that the Cardano price would rise alongside, but it hasn't been that straightforward.
Instead, a lot rests on Cardano's ability to defend the support level at $0.76. ADA is currently trending above the support level, but it has to hold the defence to reach the desired $0.85 target.
DOGE was beginning to benefit from the bull run, as some hype and accumulation saw Dogecoin climb to new heights. Short-term traders have started to impact the Dogecoin price, as they took profit as soon as the token hit $0.23.
The good news for Dogecoin is that the whales see the potential for a spike. There's been a $200 million DOGE accumulation since Saturday, and that could be enough to keep the token stable.
Both Cardano and Dogecoin are doing better than they have in months, but a new Ethereum-based PayFi project is dominating the center stage in the crypto market.
Remittix is ready to roll, and here's what the project is going to offer.
The Remittix project is going to challenge the status quo in the payment sector, as its features revolve around providing simpler crypto withdrawal options for traders. The project will be linking crypto directly to fiat bank accounts, with almost zero gas fees and ZERO bank charges.
Remittix's Web3 wallet will offer users a crypto-fiat bridge through which they can send their crypto assets to any fiat bank accounts globally. Of course, as long as Remittix supports both currencies.
Currently, the Remittix bridge supports 30 fiat currencies and 40 cryptocurrencies. And more will come, with further expansion.
Remittix will be launching on the Ethereum blockchain to enhance its security and access to developer tools for expansion in the future. The smart contracts have also been verified by Certik, and the app is in its beta testing phase now.
Anticipate Remittix's launch and get some RTX while you're at it!
The soft cap launch for Remittix is drawing closer, and 50% of the tokens will be rolled out by launch day. Accumulate your RTX coins at just $0.0922 now and get ready for 13,000% potential returns.
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
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