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Cryptocurrency News Articles
Sui and Solana See Steep Drops; Remittix Continues To Gain Momentum After Record Breaking Volume
Jan 23, 2025 at 03:45 am
The crypto market has been full of surprises lately! Sui and Solana, two popular coins, have seen their prices drop quickly, leaving investors worried.
While crypto enthusiasts have been keeping a close eye on Sui (SUI) and Solana (SOL) throughout the year, these two coins have seen contrasting fortunes in recent times. SUI prices have dropped significantly, while RTX, the native token of the Remittix PayFi platform, has gained momentum after achieving record-breaking trading volume.
After experiencing a phenomenal 900% price increase in 2024, SUI prices have been following a support trend line since August of that year. However, recent price action shows SUI falling below this critical support level for the first time in 161 days.
This development could lead to a rapid decline in SUI prices, potentially dropping below the next major support level at $1.85. Alternatively, if the price decrease is more gradual, SUI may find support at $2.91 before rebounding.
Despite SUI’s impressive performance over the past year, these chart signals suggest potential challenges ahead. Investors are now observing whether these price movements indicate a brief pause or the end of SUI’s large-scale surge.
Solana (SOL)Стоимость монет упала на 90% в 2023 году, но с тех пор восстановилась благодаря запуску новой распределенной сети Wi-Fi под названием Roam.
Solana has unveiled an ambitious initiative named Roam, which aims to create a distributed Wi-Fi network. This network will connect over a million hotspots globally, enhancing internet accessibility.
To encourage participation, Solana is introducing “Roam Points,” which users can earn daily by utilizing the network. These points can then be converted into $ROAM tokens, creating a participation reward scheme.
Despite this novel development, SOL prices only rose by 3%, indicating investor caution. Currently, SOL is trading at $176, with key price levels to watch closely.
If the price falls below $170, it may drop further to $150. Conversely, should the price remain above $170, it may rise to $196.
While the Roam project showcases Solana’s dedication to advancing distributed internet, its immediate impact on SOL’s pricing remains to be seen. Investors are keeping a keen eye to determine whether this fresh innovation will translate into long-term gains. Solana’s endeavors now demonstrate her drive to shape the future of distributed internet!
Remittix (RTX)The Future of Payments Is Here!
While many platforms, such as Chainlink and Stellar, enable cross-border payments, they often focus on large transactions and leave out everyday users.
Remittix (RTX) is stepping into this gap with a unique PayFi platform that makes sending money between digital currencies and regular bank accounts a breeze.
Unlike other platforms, Remittix is designed for both small and large transactions, making it accessible for everyone.
With Remittix, you can convert over 40 cryptocurrencies into regular money (fiat) and send it to any bank account in the world. And the best part? It’s done quickly and with a flat fee—no hidden costs for currency exchange or wire transfers. That’s a game-changer for anyone tired of paying high fees when sending money internationally.
But wait, there’s more! Remittix isn’t just for individuals. Their Pay API makes it easy for businesses to accept crypto payments while settling transactions in regular money.
This is perfect for online stores, freelancers, and service providers who want to offer more payment options without dealing with the confusing parts of cryptocurrency.
Currently, Remittix is in its presale token phase, selling for just $0.0228 per token. With over $4.4 million already raised, it’s clear this project has caught the attention of smart investors.
Experts predict Remittix could be one of the best coins to invest today, with a chance to grow 50 times its value by 2025.
The cross-border payment market is growing fast, expected to reach $295 billion by 2029. This makes Remittix a top contender in the booming payments space.
If you’re looking for the best coins to buy now or the best coin to invest today, Remittix could be your golden ticket. Don’t miss this chance to be part of the PayFi revolution!
Discover the future of PayFi with Remittix by checking out their presale here:
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