Dogecoin and Stellar Face Volatility, While Remittix Emerges in PayFi Sector
Dogecoin (DOGE) and Stellar (XLM) have experienced similar declines this week, although Stellar has shown a slight recovery in the past 24 hours. Dogecoin, on the other hand, continues to fall.
Dogecoin (DOGE)
Dogecoin is currently trading at $0.33 after a 7.5% drop over the past week. Notably, over 588 whale transactions exceeding $1 million have occurred within the past 24 hours.
Technically, Dogecoin faces a critical juncture. Some analysts believe prices may rise if buyers push above $0.34, while others anticipate further declines if support levels weaken.
Stellar (XLM)
Stellar (XLM) has also faced losses this week, but it has seen a 4.5% increase over the past 30 days, suggesting some stabilization.
Recent developments include a partnership with Mastercard and plans by Paxos to expand to the Stellar network. Technically, Stellar is showing positive signals, with indicators suggesting a "Strong Buy."
Remittix: Disrupting the PayFi Space
Remittix (RTX) is a new protocol poised to shake up the global cross-border payment sector. It combines blockchain technology with traditional FIAT systems to offer a more transparent and affordable alternative.
Unlike competitors, Remittix prioritizes user needs through low fees and enhanced utility. Its Pay API allows businesses to accept cryptocurrency payments and settle in FIAT, while specialized merchant accounts provide additional flexibility.
Remittix Presale Success
RTX tokens are now available for $0.0521 each, and the presale has raised over $10 million in a matter of weeks. Analysts project an 800% price increase during the presale phase, with further growth expected.
Remittix is well-positioned to disrupt the global payments space in 2025, offering a unique value proposition at the intersection of PayFi and traditional finance systems.
Discover the Future of PayFi with Remittix:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: The content of this article does not constitute investment advice and readers should conduct their own research.