Dogecoin and Solana Holders Switch Allegiances After This New Altcoin Steals The Attention Of The Crypto Market

Dogecoin Rally to $0.35 Could Trigger Significant Short Squeeze

The liquidation heatmap indicates substantial short positions between $0.3397 and $0.3436. High liquidity areas, such as the zone below $0.35, attract whales who execute large trades. Liquidations influence price swings, especially when traders with leveraged positions are forced to close out.

Dogecoin's price remains above its crucial 0.32 Fib retracement, preventing further dips. A sustained recovery near $0.394 (0.5 retracement) could spark bullish confidence, with potential resistance around $0.476 and $0.592.

Solana Price Target if Entered into Strategic Bitcoin Reserve

Despite the recent dip, Solana (SOL) has stabilized above $235 due to factors such as its fee advantage over Ethereum.

Grayscale's potential SOL ETF approval and inclusion in the Strategic Bitcoin Reserve could lead to significant institutional inflows, potentially driving the SOL token past its all-time high of $500.

Remittix (RTX): Cross-Border Payment Solution

Remittix (RTX) addresses cross-border payments with its near-instant crypto-to-fiat system. Unlike competitors, it caters to individuals seeking cheaper and faster conversions.

RTX's direct crypto-to-fiat transactions eliminate bank fees and provides a transparent flat-fee model. Its Pay API enables businesses to accept crypto payments in any bank account globally, enhancing operational flexibility.

RTX has attracted over $9 million in presale funding and experienced a price surge to $0.0456, reflecting its growing momentum.

Potential Investment Opportunities for 2025

Dogecoin: Liquidation of $766.45M at $0.35, potentially impacting future price movements.

Solana: Targeting $500 level, supported by ETF approval and inclusion in Strategic Bitcoin Reserve.

Remittix (RTX): Unique cross-border payment solution, attracting presale investment and price growth potential.