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Dogecoin and XRP holders get FOMO as Remittix’s crypto presale raises $1m in 24 hours.
Following the rise in Bitcoin, the prices of tokens like Dogecoin (DOGE) and XRP skyrocketed, fueling hope in their communities.
Now, though, the tides have shifted as Remittix, a new presale token, hit $1 million in 24 hours. This has triggered a major FOMO amongst Dogecoin and XRP holders in search of more profits.
XRP price forecast
Currently trading at $3.09, Ripple’s XRP has increased by 33.32% over the past month. Experts credit numerous factors for the current increase.
One is the introduction of Ripple USD, a stablecoin connected to the US dollar. This stablecoin could increase XRP’s utility and attract more users to the Ripple ecosystem.
Consequently, crypto researcher Javon Marks sees Ripple’s XRP rising to $16.50 with more gains of over 7,200%, possibly propelling prices as high as $168. This makes Ripple’s XRP among the top forecasted altcoins.
Dogecoin hits huge monthly loss
After its explosive surge in November, the value of the Dogecoin dropped greatly. DOGE jumped to almost $0.48 then consolidated around $0.43. From there, price swings have seen the token hit minor declines, currently trading at $0.34.
According to records, the losses for Dogecoin have come from more traders closing their long positions and an increase in pessimistic short-term traders, with the Open Interest declining.
Remittix set to surge
Remittix is looking to redefine global payments by integrating blockchain technology with fiat transactions, offering fast and cost-efficient cross-border solutions. With support for over 40 cryptocurrencies, including Cardano, Shiba Inu, Dogecoin, and Ethereum, the platform will provide instant conversions into fiat currencies like USD and GBP, enabling seamless deposits into recipients’ bank accounts.
As a bridge between crypto and fiat, Remittix will be a counterpart to traditional payment providers such as Stripe and Wise and crypto-exclusive platforms like Coinbase Wallet. Supporting 30+ fiat currencies and over 50 crypto pairs, Remittix will ensure accessibility and inclusivity for businesses and individuals, simplifying global commerce with its extensive range of options.
Furthermore, the platform will have an open flat-fee approach, which offers savings and transparency over exorbitant costs and inadequate exchange rates of conventional banks. This approach guarantees that the full amount sent reaches the recipient, making Remittix a game-changer in the payments industry, where shady practices are unfortunately all too common.
Currently priced at $0.0282 in its presale, the RTX token offers a notable opportunity. Forecasts predict significant growth, with a 25x increase expected in the presale phase and over 5,000% gains as demand for transformative cross-border payment solutions continues to rise.
For more information on Remittix, visit their website or socials.
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