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The cryptocurrency world is currently experiencing a downturn in prices and this doesn’t exclude coins like Polygon and Solana. Over some time, Polygon has been experiencing a price decrease, signifying a possible crash in recent days. Also, due to the consistent instability in market price, Solana investors have started turning their eyes toward other investment opportunities, one of which Remittix is.
Remittix, a newcomer in the cryptocurrency market is beginning to gain recognition among investors as they search for the next big thing.
Polygon Price Crash and Decline in dApp Volumes
Recently, Polygon, one of the most well-known cryptocurrencies in the industry, has been having some issues. According to the data, the number of unique active wallets has decreased by 22% and Polygon’s dApp volume is estimated to have decreased by roughly 41% during the past 30 days. For Polygon, this significant decline in utilization is problematic and suggests that a far larger price reduction may be imminent.
This coin is currently sitting on a critical support level as it is currently trading for $0.413 at the time of writing. Experts believe that a reduction below this current level will lead to a more bearish run which will end up crashing the cryptocurrency. These signs of crash have been noticed by the investors of Polygon and have prompted them to take immediate action in the search for an alternative.
Solana braces for a price drop below $210.
Solana experienced an all-time high in price and demand after the launch of the Solana-based memecoin, TRUMP. The significant high demand for this TRUMP coin propelled the price of Solana to about $295. Lots of investors expected this price to remain stable for a while, but it was not to be so as Solana has experienced a massive decline in price after the inauguration of President Trump.
Currently trading for $234.53 at the time of writing, Solana is expected to drop further as experts have predicted a price below $210 in the coming days due to the dwindling demand for the TRUMP meme coin. If the selling pressure on Solana increases, there is a huge possibility of Solana trading far below $210. This prediction from experts has propelled Solana Investors to look for a new investment opportunity and thus has led them to Remittix presale.
Remittix, Revolutionizing Payment Transactions
As a way of making cross-border transactions faster and much easier for the cryptocurrency community, Remittix was created to revolutionize this industry and make more options available for the cryptocurrency world. Remittix allows cryptocurrency holders, investors, and businesses to facilitate transactions globally straight from crypto to fiat, leveraging their local payment networks and blockchain technology. This allows their customers to enjoy cryptocurrency speed.
As a payment option, Remittix thrives on its ability to maintain simplicity and privacy in such a way that the recipient gets their transfer in fiat transfer without ever knowing it started as a crypto payment. This allows users to move funds discreetly with full freedom. Remittix operates around the clock and it is independent of any banking hours or holidays which might affect local payment networks.
The ability of Remittix to transfer crypto funds as fiat payment is its biggest advantage over its major competitors, as none of them have this feature yet. Remittix has just launched its public presale, which aims to raise $36m and the uniqueness of this project makes experts predict 8 weeks for presale sellout.
The Future of Transaction is Now
For a long time, people anticipated a payment network that would allow them to transfer crypto directly as a fiat payment and it seemed like it would take forever for that to happen, but today, we have Remittix which has solved that problem for us. As a frontrunner in the Crypto to Fiat payment networks, Remittix has set the standard in blockchain technology and is committed to better serving the community by making payment transactions easier.
Also, Remittix is providing investors an alternative means of investment as the major cryptocurrencies like Polygon and TRUMP, the Solana-based memecoins are currently showing signs of a crash, experiencing a downturn in value and reduction in dApp volume. The public presale of Remittix promises to yield great value on investment for these investors.
To discover more about Remittix and join the presale, click here :
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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