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Cryptocurrency News Articles

United States Politics Has a Great Influence on the Global Financial Sector

Feb 01, 2025 at 07:00 pm

Beyond this, Donald Trump's rise has been a huge factor in the cryptocurrency market. Donald Trump's inauguration for his second term in office brought

United States Politics Has a Great Influence on the Global Financial Sector

The United States political scene has had a varying impact on the cryptocurrency market, with some assets like Sui (SUI) and Toncoin (TON) seeing significant movement.

While US politics can positively influence these coins, recent events have highlighted the potential for both positive and negative effects. Sui Coin has managed to maintain a bull run over the past 5 months.

In contrast, Toncoin’s price faced a downturn, prompting investors to explore alternatives like the new defi coin from Remittix.

This new token, available for presale, has managed to raise nearly 10 million dollars, making it a strong contender in the current market.

To escape the falling Toncoin price and capitalize on a promising opportunity, here’s a closer look at the Remittix new defi coin.

Toncoin Price Eyes Future Correction as Telegram Announces New Products

One defining feature that set the Ton blockchain apart upon joining the crypto marker was its seamless integration with Telegram.

Quickly, tens of projects joined the Ton blockchain, leading to an immediate boost in the Toncoin price. However, over the past 8 weeks, the Toncoin price has been charting a lower high formation.

It had a slight correction in between, but the price action has shifted towards lower highs and is overall in a bearish move.

With the recent announcement from the US government regarding a proposed addition of cryptocurrency to the federal portfolio, we might see a change in the coming weeks.

However, more importantly, the announcement of new products coming to the Telegram network, with some having an incentive program, might also contribute to its growth.

Can Sui Continue on its Multi-Months Bull Run?

A closer look at the Sui monthly price chart shows an impressive lineup of green candles in the last 5 to 6 months, with a record 111% growth in the last 90 days.

However, even though the January candle has remained green, it has formed a long-legged doji, indicating that the bulls might be tiring out.

With the current Sui price setup, investors might start removing their price, signaling the end of the buying period.

Why is Remittix the Best Crypto to Buy Now?

Over the last couple of days, the number of investors in the Remittix presale token, RTX, has more than doubled.

While that might not seem like a big deal right now, this wake-up call suggests that crypto traders and investors are getting confident with this new defi coin.

A few days after the beginning of the Remittix token presale, it has already raised close to 10 million dollars and sold over 430,000,000 tokens.

The Remittix $RTX token embodies the future of the crypto-to-fiat payment sector in the financial industry.

It empowers users with unlimited opportunities to use their crypto assets by creating a portal that allows users to send crypto, which is delivered as fiat, to a bank account.

This opportunity means users can buy products, pay for services and send money to loved ones with their crypto assets without worries.

This removes the need for both parties to have a crypto wallet before sending money to each other.

The $RTX token price has increased in the last few days with early investors already seeing up to 4x. There are still enough tokens to take advantage of this presale round.

Check the Remittix website and Socials through the link below to learn more about the presale.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Feb 08, 2025