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    Home»CoinDesk Indices»DOGE’s 35% monthly decline sparks concern as new viral altcoin sees 300% returns
    CoinDesk Indices

    DOGE’s 35% monthly decline sparks concern as new viral altcoin sees 300% returns

    Token FlashBy Token FlashFebruary 20, 2025No Comments4 Mins Read

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    Dogecoin’s decline in 2025 sparks interest in Remittix, a PayFi solution set to change cross-border payments.

    Dogecoin has been on a steep downward ascent throughout January and February, marking a worrying start to 2025. Dogecoin is well known for its devout community of meme coin fanatics, but even the most puritan believers are now opting for alternative investments. 

    Many are turning their sights to Remittix (RTX), a powerful PayFi solution solving problems within the $190 trillion cross-border payments sector. As it gears up to carve out a large share of this market, the project has been highlighted as a market disruptor for 2025. 

    So what differentiates Remittix from the plethora of crypto projects on the market, and how far might Dogecoin stoop? 

    Dogecoin sees catastrophic monthly decline 

    Over the past month, Dogecoin (DOGE) has taken a significant hit, tumbling 35% and leaving many investors uneasy. As of now, Dogecoin is trading at $0.254, reflecting a major 4% drop in the last 24 hours. 

    DOGE's 35% monthly decline sparks concern as new viral altcoin sees 300% returns - 1

    Taking a look at the technical indicators, Dogecoin’s RSI has dwindled to 40.34, inching closer to oversold territory. 

    Similarly, the MACD shows a value of -0.02, which implies that bearish momentum is still in play. These indicators combined paint a pessimistic picture for Dogecoin’s trajectory. 

    Adding to the concerns, recent reports highlight a decline in tipping activity, a once-popular use case for Dogecoin. This downturn in microtransactions could be contributing to the current price slump. 

    Remittix levels up global payments for good 

    Remittix has graced the PayFi space with an offering that both investors and traders have long been waiting for. At its core, it enables users to instantly convert over 40 cryptocurrencies into FIAT and transfer funds directly to any bank account in the world. 

    With this approach, Remittix is improving access to global payments across the world while making it a far more straightforward and affordable activity for those who already make global payments on a regular basis. 

    Take Ali, a freelancer in Pakistan earning in Ethereum. Instead of dealing with exchanges and high conversion fees, he uses Remittix to convert Ethereum into Pakistani Rupees, with the funds appearing in his bank account within minutes. 

    For businesses, accepting crypto has often been seen as too complicated or risky due to price swings, liquidity challenges, and complex settlement processes. 

    The Remittix Pay API changes that by allowing companies to accept crypto payments while automatically converting them into FIAT.

    This means that businesses, whether in e-commerce, freelancing, or global service,s can tap into the growing crypto economy without the usual financial uncertainties.

    By removing volatility risks and simplifying settlement, Remittix enables companies to expand their payment options and attract a broader customer base.

    In an age where financial surveillance is increasing, Remittix provides an added layer of privacy. 

    Unlike traditional financial platforms that track every transaction, Remittix ensures that recipients receive a standard bank transfer with no indication that the payment originated from crypto. This allows users to manage their finances with more security and discretion.

    Investors flock to the presale to grab their RTX tokens 

    The Remittix presale is soaring, having recently surpassed $12.2 million raised. The presale is accessible to all manner of traders, with tokens priced affordably at $0.0628 in the current stage. With its game-changing approach to crypto-to-FIAT transactions, analysts are anticipating a steep 800% price rise before the presale ends, with further growth expected after launch. For anyone looking to get in early on a frontrunner, Remittix is not a project to sleep on in 2025. 

    To learn more about Remittix, visit the Remittix presale and join the Remittix community.

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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