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As Solana and Dogecoin struggle, experts suggest Remittix could outpace them both, drawing comparisons to XRP.
Remittix eliminates chargeback fraud
Remittix emerges as a cryptocurrency option for those in search of a secure and private platform for transactions. Merchants enjoy the security of being protected from conventional chargeback fraud since transactions cannot be reversed. The users also have robust protections against fraud and criminal activity with complete control over their funds, hence minimal third-party interference.
Many traditional remittance service providers impose between five and ten percent transaction charges. Remittix, however, imposes relatively lower charges, at one percent or lower, depending on the platform utilized. By not charging through intermediary banks or clearinghouses, Remittix minimizes the time taken to complete transactions, allowing payments to be made within minutes regardless of the destination.
Solana and Dogecoin are among the altcoins that have witnessed a massive decline in the past week, falling below a crucial support zone. While Solana’s price has dropped by over 50% from the January high, Dogecoin’s has dipped by over 60% from the December high.
Dubbed the next XRP, the Remittix presale has continued to witness massive adoption due to its cross-border payment platform, which offers a safer, quicker, easier, and more efficient way of sending funds. As the Remittix coin continues to gain momentum, experts believe the RTX token could set records on launching, ranking it among the best DeFi coins in 2025.
Experts remain bullish on Solana despite the recent decline
Solana has been among the worst-performing altcoins in the past two weeks, triggered by the Libra token saga which led to a massive selloff. Solana’s price has plummeted by 42% in the past month, with the market cap also declining significantly as the altcoin struggles to stay above crucial support zones.
In a recent tweet, popular crypto account Coinvo claims that Solana’s price is forming a bullish harmonic pattern that might trigger a reversal. Confirming that, TraderSZ claims that a reversal will start soon. According to Lookonchain data, whales are using the current dip to accumulate the altcoin.
Meanwhile, the Solana Fear and Greed index is 16 (Extreme Fear), suggesting that sellers are in control. Solana is trading below the 50-day and 200-day SMA, with over 22 indicators also negative.
However, the RSI in the 1D timeframe is 24, suggesting that the Solana token is in the overbought zone. With the rising accumulation and increasing market volume, SOL might rebound towards $200 in March.
Can Dogecoin overcome selling pressure?
Dogecoin, one of the popular meme coins in the market, has lost about 42% of its value in the past month, triggered by the general crypto market’s bearish sentiment. This dip has seen some Dogecoin holders selling their DOGE tokens.
According to crypto analyst The Moon Carl, Dogecoin might break out of the falling wedge anytime soon. When that happens, the analyst projects a rise to $0.43. Ali Martinez, in a separate tweet, observed that the TD sequential indicator in the daily chart is flashing a buy signal.
The Dogecoin price is below the 50-day SMA, and the Fear and Greed index shows extreme fear. The RSI, however, shows 21, suggesting the meme coin is in the overbought zone. With persistent efforts from the bulls, Dogecoin might retest the $0.40 mark in the coming weeks.
Remittix: The future of global crypto transactions
Remittix has been exceeding expectations in presale, with early investors’ ROI already above 1,000%. So far, more than 16,000 people have joined the project, with over 508m RTX tokens sold. This has seen the team raise more than $13m, ranking among the top-performing presale tokens.
Driven by a transformative cross-border payment platform, Remittix is staking a claim to the $183t banking industry. With Remittix, users will be able to convert over 40 cryptos into fiat currencies and send them to any approved global bank at no hidden charges. That means what is sent is what is received.
The simplicity of the Remittix platform makes it difficult for the recipient to notice that the transaction originated as a crypto payment. Meanwhile, businesses can take advantage of the Remittix pay API, which allows e-commerce vendors to receive payment from customers in crypto and settle transactions in fiat.
Just like XRP, all transactions in Remittix are stored in a public ledger, allowing for traceability and transparency. As a decentralized P2E platform, users have full control over their assets, removing the need for a third party, while promoting trust. Sold for $0.0694, market watchers are projecting a 100x rally for RTX after launch.
Conclusion
Although Solana and Dogecoin are in a downtrend, both altcoins are likely to witness a major rally when the market rebounds. However, with the current macroeconomic challenges, the resurgence might take longer. For Remittix, the surging momentum of the presale might push the price towards $1 after launch.
For more information on Remittix, visit the website, Telegram, or Twitter.
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