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Cryptocurrency News Articles

Remittix (RTX) Price Surges By Over 347%, With the Potential of a 5,000% Rally

Feb 28, 2025 at 05:27 pm

This includes Remittix (RTX), which is quickly becoming one of the few tokens resisting the dipping trend as the larger crypto market falters.

Remittix (RTX) Price Surges By Over 347%, With the Potential of a 5,000% Rally

Solana, Dogecoin, and Cardano have all been in downtrend recently as the broader cryptocurrency market continues to struggle.

Bitcoin price slipped below the crucial $90,000 price threshold, putting pressure on other major altcoins. However, there is strong potential for massive gains among other tokens in 2025.

One such token is Remittix (RTX), which is quickly becoming one of the few tokens to post gains despite the broader market weakness.

Remittix has already raised over $13 million in presale funding and is quickly becoming a breakout altcoin for 2025 with its groundbreaking swap-in technology, which has seen the RTX price rally by over 347% to $0.0671.

Solana Price Could Dip Below $100 With FTX Unlocks And Bybit Hack

The price of Solana dipped by over 17% this week as the feared March 1 unlock of 11.2M FTX $SOL tokens nears.

Solana is not the only token affected by the recent bearish outlook in the crypto market, which has seen even Bitcoin lose its critical support level of $90,000.

Solana price dips below $140 | Source: CoinMarketCap

Moreover, following the historic hack of the Bybit exchange and the US president’s controversial tariff proposal, the Solana price has dipped to a five-month low.

The dip in Solana’s value can also be attributed to its association with recent celebrity-backed meme coin scandals, including the LIBRA incident.

Adding to the Solana price movement woes, open interest for the SOL futures has dipped by 44% over the past month, dropping from an ATH of $6.39 billion to just $3.57 billion. This dip suggests reduced investor confidence and interest in leveraging the Solana positions. Technical indicators have also backed the dip as analysts foresee more dips below the $100 level.

Dogecoin Price Dips Below $0.20: Will The DOGE Token Regain An Uptrend Momentum

Dogecoin price has been below $0.20 for months now. This is over an over 165 plunge in over a week. This is an indication that overall weakness in the overall market is asserting because top cryptocurrencies such as Ethereum and Bitcoin have been registering steep declines.

Satoshi Flipper chart pattern in Dogecoin is that price is between sloping lines trending down. One is sloping down from most recent highs in coin, while second is sloping down with shallower inclination from short-term lows to form an inverted wedge pattern. Falling wedge pattern is generally believed to reverse to upside in conjunction with declining volume in an area of consolidation.

Dogecoin Chart analysis | Source: X

The idea is that as sellers become exhausted, buyers might step in near the wedge support line, driving the Dogecoin price momentum upward once the resistance line is broken. However, sentiment among other crypto analysts appears divided, with many pointing to a continued bearish outlook. Ali Martinez also noted that Dogecoin’s open interest has dipped by 67% over the past three months.

Cardano Price Prediction: Will ADA Recover Or Dip To $0.56

Cardano has been struggling to regain an upwards path since suffering an acute plunge in value. Cardano has posted over 47% decline since hitting value highs in December 2024 to $1.30, leading to investor disillusionment in its ability to recover. Token tech charts validate flagging demand.

The Cardano price has been suffering incessant dip pressure with weekly decline in ADA token by more than 13%. This is macroeconomic uncertainty that has been influencing both overall market and altcoins market. If this sales dip is continued, price of ADA can go down further with next support area around $0.56. This is being used as required area that has been used in previous time to work as cooling point in response to market dip.

Cardano price movement graph | Source: CoinMarketCap

However, according to Ali Marinez, if Cardano manages to hold above the $0.6845 support level, it could regain an uptrend momentum. The analyst suggests this could be Cardano’s most important support level.

Remittix Price Surges By Over 347%, With The Potential Of A 5,000% Rally

One of the most significant impediments to growth in the crypto market is accessibility in the physical domain.

Approximately 1.4 billion non-banked citizens globally are aware of crypto wallets, but most lack awareness of physical-world spending. Meanwhile, cryptocurrencies were supposed to have shaken up global finance by now. Still, spending cryptocurrencies in the physical domain remains far too complicated for millions.

Remittix (RTX) is aiming to remove these obstacles by allowing individuals to instantly convert over 40 cryptocurrencies to fiat during international remittance.

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Other articles published on Feb 28, 2025