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Unfortunately for Ethereum fans and token holders, there is more bad news concerning the token’s prospects in the ongoing bull market. While many had expected the token to extend its impressive rally, where it rose to a new all-time high, the reverse has been the case as the Ethereum price has gradually dipped in the market.
To make matters worse, analysts have recently suggested that the Ethereum price could drop below $4200 over the next few weeks, driving the token’s value even further.
Meanwhile, Remittix, an upcoming PayFi project, has been gaining the attention of crypto enthusiasts and is set to transform the global payments experience when it eventually launches.
Prior to earlier sentiments, the glory days may not exactly be back for Ethereum, the second-largest cryptocurrency by market cap. Analysts have begun reporting that it is more likely that the Ethereum price continues to dip in the market than the event of another price rally as the ongoing bull market heads into its peak period.
At the moment, it is not clear how a potential Ethereum price dip could affect the broader market, but it is a situation certainly worth monitoring over the next few weeks.
Remittix, the upcoming PayFi project that has caught the eye of the crypto industry, is back among the news headlines, this time, for launching a brand new mega rewards program for new and existing customers as it prepares for its highly anticipated token generation event.
To participate, users simply need to onboard other users onto the platform. In return, they stand the chance to win 15% of whatever amount in token purchases their referral makes. These rewards are paid out in USDT, and payment is instant. Furthermore, there is no limit on how much a user can generate from the program, making it perfect for investors seeking passive income generation opportunities.
Remittix’s position at the intersection of traditional and blockchain-based payments has enabled it to attract a mass following across the crypto sector. The project is expected to transform global payment experiences when it launches with features, such as:
Direct crypto-to-bank transfers in over 30 countries worldwide
20% referral rewards for onboarding new users
Support for 40+ cryptocurrencies and 30+ fiat currencies
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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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
