Remittix (RTX) Reshapes the Financial Industry with a Groundbreaking PayFi Solution as Dogecoin (DOGE) and Polygon (MATIC) See Declines

As 2025 starts off with a bang in the crypto space, some old timers are seeing huge losses while promising newbies are ascending the DeFi ranks.

2025 is starting off with a bang in the crypto space, and while some old timers are seeing huge losses, promising newbies are ascending the DeFi ranks.

Dogecoin (DOGE) has kicked off the new year with a 9.4% loss in 24 hours, sparking panic in the community. This panic is evident in Dogecoin’s current trading volume, which has surged by 329.95% in the last week. This massive increase in trading activity is likely due to the fact that many holders are selling their Dogecoin stacks in an attempt to cut their losses.

Dogecoin’s price movements are interesting considering the fact that the meme coin has seen some increased adoption as a payment method in 2024, especially as a tipping solution in gaming spaces. If Dogecoin can cling on to this use case and expand it, it may be able to claw back these losses. However, Dogecoin’s lack of tangibility and fundamentals may continue to hinder its price performance.

Polygon (MATIC) Sees Daily, Weekly, and Monthly Losses

Polygon has also seen significant dips on daily, weekly, and monthly timeframes. The most severe of these dips is a 9.28% loss in the last 24 hours. Currently trading at $0.40, Polygon’s trading volume has also spiked by 170%. This uptick in trading activity is likely due to Polygon holders selling off their holdings. However, considering that Polygon has been dropping over multiple timeframes, it could also be traders buying the dip.

A glimmer of hope is that Polygon’s ecosystem has seen some positive developments in recent quarters. This has centered around partnerships with major companies and some timely improvements to its zkVM technology. This has allowed Polygon to increase its network scalability and improve transaction efficiency for users, but it doesn’t look like these updates are translating to any notable price gains.

Remittix Sets A New Standard For Global Payments

Global payment systems tend to be riddled with problems for users. Whether it’s high fees, slow processing, or hidden costs, these issues can make sending money abroad a frustrating and costly experience. Remittix steps in to eliminate these barriers with its groundbreaking PayFi solution.

This advanced technology allows users to convert more than 40 cryptocurrencies into FIAT currencies and transfer funds globally within 24 hours. Furthermore, Remittix’s flat-rate pricing model ensures that users experience transparency and affordability, making Remittix a standout choice in financial technology.

Businesses are also deriving great benefit from Remittix’s groundbreaking tools. The Remittix Pay API empowers companies to accept cryptocurrency payments and seamlessly settle in fiat. Supporting over 30 FIAT currencies and 50 cryptocurrency pairs, the API enhances global financial operations, offering flexibility and ease of integration for organizations of all sizes.

Another key focus for Remittix is on financial inclusion. By operating 24/7 and without traditional banking infrastructure, the platform allows underbanked populations access to global financial systems. This fits with the project’s goal of democratizing financial access and reducing inequalities in the world economy.

Remittix Presales Soars Past $9 Million Raised

At the center of Remittix is the powerful native token – RTX. Designed for governance, staking, and rewards, the token is capped at a supply of 1.5 billion, ensuring scarcity and long-term value growth. Currently, during its presale phase, $RTX is priced at $0.0456, and the project has already raised over $9 million. Analysts predict an 800% price increase during the presale with further exponential growth expected post-launch.