In the wake of “Meme January Madness,” which saw wild swings in DOGE and Shiba Inu prices, the question now is whether February can bring more informed gains. Enter Remittix, a payment network that merges the best of traditional banking with modern decentralized finance, known as PayFi. This new system enables users to send money in everyday currencies, like dollars and euros, directly to any bank account worldwide using cryptocurrency.
Find out more about how Remittix can bring in a more educated gain in February as it gains popularity with its token presale in the crypto market.
Dogecoin on Edge: $0.32 Support Crucial to Avoid Further Losses
Dogecoin (DOGE) is currently priced at $0.3369 down 6.75% over the past week. It is trying to hold important support at the $0.32 level, which is crucial to prevent further price drops. If it stays above this mark, it could help stabilize the market and possibly lead to a small recovery. The next target for DOGE would be to reclaim the $0.36 level, which, if achieved, could set it up for further gains toward $0.39 and beyond.
However, the market remains unstable, and investor confidence needs to improve for Dogecoin to gain momentum. If the support at $0.32 fails, DOGE could fall below $0.30, making its situation even more challenging. The coming weeks are vital for Dogecoin’s future, so investors should stay informed and cautious as they monitor market trends.
Shiba Inu’s Token Burn: Will it Sustain Price Growth?
The Shiba Inu community is actively working to stabilize the price of its cryptocurrency, SHIB, by burning a new batch of tokens. Recently, they removed 12,546,958 SHIB from circulation, which represents a 284.3% increase in token burns within 24 hours. This action has raised optimism among SHIB holders and positively impacted the token’s price.
On Wednesday, SHIB closed with a 2% gain, marking its first profitable session in over a week. The momentum continued into Thursday as the memecoin aimed to reach Wednesday’s high again. The token burn is a regular effort by the community to lower the circulating supply and create scarcity, which they hope will increase SHIB’s value. Currently, SHIB is priced at $0.00001932 having declined by 5% over the past week. Despite facing pressure in the medium term, the community remains hopeful that these efforts will lead to a price recovery.
Remittix (RTX) Gains Traction with Fee-Free Merchant Accounts and Staking
In the wake of the recent excitement around Dogecoin (DOGE) and Shiba Inu (SHIB), Remittix (RTX) is gaining attention for its innovative approach to payments. It allows businesses to create merchant accounts without hidden fees, simplifying transaction management. Users can also earn by staking their tokens, with potential returns reaching up to 18% annually, making Remittix a dual-purpose platform for payments and earnings.
A key feature of Remittix is its flat fee for international money transfers. This means that the amount sent is exactly what the recipient receives with no unexpected charges. This affordability makes Remittix a more attractive option compared to traditional banks. Additionally, the “Remittix Pay” API enables businesses to accept cryptocurrency payments easily, simplifying the invoicing process for freelancers and small enterprises.
The buzz around the RTX token presale is strong, having raised over $9.8 million shortly after its launch. Remittix aims to improve cross-border payments, a market expected to grow beyond $295 billion by 2029, highlighting its potential in the evolving cryptocurrency sector.
With a complete audit of its smart contract already completed, Remittix shows a commitment to safety and transparency. It offers users a reliable way to convert cryptocurrencies into regular money and transfer funds globally at lower costs, reinforcing its status as a significant player in the crypto landscape.
Remittix’s Hot Presale: What’s Driving the $10M+ Success?
Remittix has launched its token presale, aiming to raise $36 million amid strong interest, similar to the excitement seen with Dogecoin (DOGE) and Shiba Inu (SHIB). The presale is expected to sell out in just eight weeks, having already raised over $10 million by selling around 430 million of the 750 million available RTX tokens, priced at $0.0498 each. The next price is set to increase to $0.0539 with experts predicting potential returns of up to 800% and some even anticipating a 1,000% increase after the token launches.
To maintain stability, the liquidity pool and team tokens will be locked for three years. The RTX token will soon be available on major exchanges and Uniswap. After the presale, the smart contract will be renounced, giving full control of the token to the community and its holders, which underscores the project’s commitment to transparency and decentralization.
Join the Remittix (RTX) presale and community: