This week in crypto is closing off with a 1.49% growth in global market cap, with trading volume hitting $3.31 trillion. Similarly, there’ve been rebounds for major market players like Bitcoin ($95,000) and Dogecoin price ($0.33) at press time.
However, there seems to be a cautious sentiment among large asset holders, with most crypto whales dumping their assets. Most notable has been Dogecoin whales recently shifting $74M worth of DOGE to Coinbase.
This reaction to a seemingly growing market leaves concerns on the minds of many market participants. Is a sell-off incoming? Or is there a more promising prospect to consider?
Whales Shift $74M Worth of DOGE to Coinbase; Dogecoin Price Reacts
On Friday, on-chain tracking platform Whale Alert revealed two separate whale activities involving a Dogecoin shift and possible sales of a combined $74 million worth of DOGE tokens. Further on-chain analysis shows that both transactions happened simultaneously and shifted the tokens to the same exchange, Coinbase. This discovery raised more concerns across the market, especially within the Dogecoin community.
Despite the Dogecoin price exhibiting positive momentum recently, the meme coin continues to trade around its crucial support. Dogecoin price observers noticed a consolidation between the $0.3435 and $0.3085 price zones in the days leading to its January 3 breakout. Following this, Dogecoin price successfully created a support zone from its initial resistance. Experts believe that the Dogecoin price reaction in the demand area would decide its next price action. According to analysts, this meme coin could either bounce from the support zone to retest its January 4 bullish momentum around $0.3988 or plunge deeper to the 0.618 Fibonacci level at $0.2730.
At the time of writing, DOGE continues to trade at $0.3353, indicating a 3% 24-hour rise in Dogecoin price. While this uncertainty lingers, market analysts might have found the next gem every investor needs in Remittix (RTX), a game-changer offering outstanding features to transform cross-border payment.
Remittix (RTX): PayFi Gamechanger Set to Rival Dogecoin Price in 2025
Figures from 2017 placed the value of the global cross-border payments market north of $150 trillion. Dominant players at the time included giants like Wise, MoneyGram, and Stripe. However, despite growing crypto adoption, these fiat-focused payment providers do not offer enough support for cryptocurrencies. Hence, the need for a platform that seamlessly integrates digital and traditional payment systems.
Introducing Remittix (RTX): a PayFi platform powered by blockchain where users can convert over 40 crypto pairs into 30 global fiat currencies. Remittix allows users to make payments locally and across borders with crypto while the funds get deposited seamlessly into recipients’ accounts as fiat. This platform also accommodates businesses through the Pay API integration. With this, businesses can accept cryptocurrency payments, broadening their payment options and customer base.
Also, $RTX crypto and smart contracts have been rigorously audited by prominent blockchain security firms BlockSAFU and SolidProof. Overall, the Remittix platform is distinguished by its game-changing features, seamlessness, security, and transparency.
$RTX Presale: 800% and 5000% ROI Awaits
Savvy investors have found a haven in the ongoing $RTX presale. With each $RTX token selling for $0.0199, the demand has been massive, as 143.6 million tokens of the allocated 750 million tokens have been sold.
The attention this presale enjoys goes beyond the cheap selling price. More importantly, early $RTX token holders are set for at least 800% ROI at the end of the presale, with another 5000% ROI set for the post-launch.
More so, following the presale, Remittix will lock its liquidity pool and 9% of the circulating supply for three years. Unlike the uncertainty around the Dogecoin price, this move guarantees stability and renews the project’s long-term growth potential.
Remittix is set to transform PayFi through novel features and make token holders millionaires.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
