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Cryptocurrency News Articles
As SOL Slows Down, Analysts Recommend Remittix and Hedera for Major Gains, with RTX Predicted to Surge 25x in Q1 2025
Dec 29, 2024 at 04:10 am
In the 2024 bull run, SOL has been one of the top altcoins, with its rally of more than 160% to an ATH of $264.
The article discusses potential investment opportunities in cryptocurrencies for the first quarter of 2025 (Q1 2025), highlighting Remittix (RTX) and Hedera (HBAR) as promising candidates for substantial gains. While the content provides some analysis and perspectives on the crypto market, it's crucial to note that it does not constitute professional financial advice.
Before making any investment decisions, it's always advisable to conduct thorough research, consult with qualified financial advisors, and proceed at your own discretion.
The article begins by acknowledging that Solana (SOL) has been a standout performer among altcoins during the 2024 bull run, with a remarkable rally of over 160% to an all-time high (ATH) of $264.
However, it notes that SOL's price has slowed down in recent weeks, prompting top analysts to identify Remittix and Hedera as two of the best altcoins to watch for huge gains in Q1 2025.
According to the article, WorldOfCharts has predicted that HBAR could experience an increase of 40-50%, while RTX is anticipated to lead the way with an astonishing 25x price pump.
Before delving into the potential gains that RTX and HBAR could offer in Q1 2025, the article briefly examines expert projections for SOL's price trajectory.
The article highlights that Solana coin established an ATH of $264 before experiencing a decline to as low as $180.
However, CoinMarketCap's data shows that SOL has since rebounded to the $200 level.
According to Artemis, this bounce occurred amidst a new ATH in daily transactions for Solana.
The surge in activity is reportedly fueled by an increase in memecoin presence on the Solana network.
Captain Faibik notes, “The rebound has also confirmed a breakout and retest of the bullish pennant on the weekly Solana price chart.”
In light of this strong rebound, Faibik suggests that the Solana price could be poised to extend its rally and head firmly towards $400 before the end of Q1 2025.
However, he emphasizes that the Solana altcoin price needs to defend the $200 support level for this bullish prediction to hold.
Shifting focus to Remittix, the article highlights that this cryptocurrency has garnered attention from top financial experts, who have earmarked it as one of the best cryptos to buy heading into 2025 (Q1 2025).
Remittix has been on the radar of investors, with the presale already attracting over $500,000 in investment.
Many believe that the RTX coin could skyrocket by 25x in Q1 2025.
The article notes that Remittix has gained much traction due to its unique solution for the $190 trillion global cross-border payment market.
Remittix aims to address issues related to speed, documentation, and high fees, among others.
On Remittix, users can accept over 50 crypto pairs, which they can convert to 30+ fiat currencies.
Additionally, Remittix incorporates local payment networks, allowing users to send fiat to bank accounts and receive it on the same day.
The article suggests that this practical solution for crypto-to-fiat payments will enhance massive adoption of the DeFi coin, RTX.
This, in turn, could lead to a massive surge of funds into the DeFi project.
As a result, the DeFi coin has even greater prospects than SOL in Q1. While it is priced at $0.0163 in presale, analysts believe it will not have any difficulty outshining even the top 10 altcoins in gains over the coming months, especially under a pro-crypto administration once Trump’s team takes The White House.
The article concludes by discussing Hedera's performance and prospects.
According to CoinMarketCap, Hedera was one of the best-performing altcoins in the market between November and the first week of December.
During this period, the price of the Hedera coin increased from $0.040 to peak trade above $0.360.
However, the hot rally has cooled off, with Hedera dropping back to the $0.3100 support.
Despite the decline, Jesus Martinez has reported that the Hedera crypto is the number one trending crypto globally.
There are also rumors that Apple could join Hedera's governing council in Q1 2025.
Top crypto analyst, WorldOfCharts1, has said that Hedera has broken another bullish flag consolidation.
Based on his analysis, the Hedera price could rally by 40-50%
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- Dogecoin Could Surge Tremendously to New All-Time High Targets If DOGE Equals the Market Cap of Ethereum or Tether
- Dec 29, 2024 at 11:05 pm
- Dogecoin investors have remained optimistic about DOGE's potential despite the asset's recent underperformance. This confidence is reflected in recent stats shared by leading India-based crypto exchange CoinSwitch.