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Dogecoin's price rallied towards a record high during the post-election rally but it fell into a prolonged consolidation phase shortly after. As DOGE investors liquidate their positions, they appear to be moving capital toward Remittix’s new PayFi solution.
If Dogecoin and Remittix were the only two cryptocurrencies in the market, which one should you invest in?
Dogecoin's price has crashed by 22.41% during the past month as it experienced strong selling activity shortly after. After this cool-off period, bullish signals have started appearing on the Dogecoin chart again, suggesting growing upward momentum. Whales have regained interest in Dogecoin as large transactions have increased by 41% over the last 24 hours.
At the time of writing, Dogecoin sells for $0.3307 after a 2.68% intraday increase. Dogecoin is also trading above its 100-day and 200-day Exponential Moving Averages, reflecting growing upward momentum.
However, it’s important to note, that as a meme coin, Dogecoin's price is known to fluctuate based on political and macroeconomic news, making DOGE investors suffer surprising losses.
Remittix is making cross-border banking incredibly simple with its blockchain-powered PayFi solution. The PayFi app allows users to seamlessly convert any cryptocurrency into fiat and deposit it into any bank account worldwide.
This sets Remittix apart from traditional banking apps like Wise and Coinbase, which restrict users to either fiat-to-fiat or crypto-to-crypto transactions, limiting the adoption of cryptocurrencies. Remittix is resolving this problem by bridging the gap between traditional and digital finance.
On Remittix, users can make crypto-to-fiat and cross-border payments at incredibly fast speeds with the latest blockchain technology. All transactions made on Remittix are processed through a smart contract that has already passed a comprehensive BlackSAFU audit. Remittix also uses local payment networks to deposit fiat into the recipient’s bank account, making the transaction simpler and faster than ever before.
Remittix is currently in its presale phase, with the $RTX token selling for a low price of only $0.0163. If an investor puts $500 into Remittix today, they could reap a massive 800% ROI by the end of $RTX’s presale. The trader would also receive exclusive voting privileges within Remittix’s PayFi ecosystem which would allow them to weigh in on fundamental aspects of the platform.
Alternatively, the investor could also lock up their $RTX tokens for a specified duration and receive a weekly passive income. Remittix offers annual staking rewards with up to 18% APYs to VIP-tier investors, making it much easier for savvy traders to increase their income over time.
Remittix’s limited presale supply is running out in record time, with analysts projecting another demand-induced price jump before $RTX enters the next presale block. Given Remittix’s potential to deliver massive gains, now is the ideal time to invest in this explosive PayFi project before the price skyrockets in early 2025.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
