Binance has extended its Fixed Rate Loan platform by introducing Dogecoin (DOGE) and Litecoin (LTC) as new collateral options. This means that LTC and DOGE holders will have greater flexibility in securing loans, allowing them to unlock liquidity without needing to sell their assets.
This announcement comes at the right time since both projects are expected to rally hard in the next months, thus allowing investors to take advantage of loans without losing their gains.
Dogecoin (DOGE) has strong support just above $0.37, which is closely aligned with the 50-day moving average, and therefore renewed confidence among buyers. Dogecoin is known to be very volatile, but its price action tends to track the price action of Bitcoin, with DOGE often playing catch-up to BTC.
Analysts predict that Dogecoin will resume running once Donald Trump assumes the office as Cephii noted that DOGE's chart pattern is similar to the one in the 2020 inauguration. In the case of Joe Biden's swearing-in, Dogecoin rallied 1,100% a week later. But considering Dogecoin's $55 billion market cap, a 1,100% surge would be highly impossible, but the reclaim of the $0.73 all-time high might happen.
While both Litecoin and Dogecoin are poised to conquer new peaks in the coming months, most experienced investors are choosing to rotate their funds into newer gems that are still flying under the radar. Among them, one particular gem has managed to attract attention on social media due to its fascinating premise which can potentially disrupt the entire payment industry, prompting thousands of early bidders to join the viral presale of the $RTX token.
Remittix introduces a cutting-edge PayFi ecosystem that allows for streamlined crypto-to-fiat transactions. This means that users will be able to perform quick, inexpensive crypto transfers which will be immediately converted into fiat and deposited in any bank account worldwide. Through this feature alone, Remittix sets itself apart from established providers like Stripe and Wise, which are mainly focused on fiat-to-fiat transactions.
Remittix supports 40 major cryptocurrencies and 30 fiat currencies, so it bridges DeFi with more traditional payment systems. The interface is designed for all types of customers, not only those having a bank but also those bound by local regulations. With Remittix Pay API, the businesses will further be able to integrate cryptocurrencies within their payment infrastructure, giving them the tools required to stay in the curve as the financial sphere continues to turn more digital.
At the very heart of the Remittix ecosystem lies the $RTX token, which plays an integral role in all facets of the platform pertaining to staking and governance. Recurring staking rewards will be seen by holders, ranging from up to 8% APY, Tier-3 VIP investors can reach up to 18% APY and enjoy governance privileges.
$RTX is trading at a paltry $0.0217 for the presale stage, and preliminary projections are slated to return 800% at the conclusion of the event, as well as an enormous 5,000% when the token becomes tradable. Invest early in Remittix and ride the wave to revolutionize the cross-border payment space. Too late to miss!
For more information about the Remittix presale check links below:
Website: https://remittix.io/
Socials: Remittix (RTX) Community
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