Remittix And Hyperliquid Set For Explosive Gains as Solana Predicted To Fall In February
The hype surrounding Donald Trumps inauguration into office has faded as the excitement on Solana (SOL) based meme coins Official Trump (TRUMP) and Official Melania (MELANIA) declines. Due to the massive price dip of these projects, some experts believe that SOLs price could decline in February due to the markets bearish outlook.
Yet, with their outstanding features, Remittix (RTX) and Hyperliquid (HYPE) prepare for explosive gains. Remittix is the new cryptocurrency that bridges the gap between tradfi and blockchain technology. Its token presale has witnessed massive adoption because of its tangible solutions to real-world benefits, with over $5.3 million raised so far.
SOL Could Decline Following Its Network Downtime
The Solana network reached unprecedented highs in terms of network activity due to the launch of the TRUMP coin and MELANIA meme coin on the Solana network. However, following Trumps inauguration, SOL witnessed a sharp decline, dropping to about $239.5 due to several factors.
One of the major reasons for SOLs decline was a pullback in the broader market and the congestion on the Solana network, with many users unable to use the platform due to the influx of new users. Furthermore, the absence of crypto-friendly policies during Trumps inauguration speech further dampened market sentiments.
SOL trades at about $253.9, rising over 35.5% within the last seven days, yet analysts believe that the SOL price could decline to $222 by February. However, the RTX token presale brings relief to those seeking bullish crypto coins.
Hyperliquids Trading Volume Soars To New Heights
Hyperliquid set a new record, reaching a historic $22 billion in trading volume due to a surge in trading activity on the platform. This surge coincides with the frenzy surrounding Trump-related meme coins $TRUMP and $MELANIA due to Trumps inauguration into the White House. To benefit from the hype, Hyperliquid chose to list these two meme coins on the platform.
This decision met with increased attention on Hyperliquid during the period of President Trumps inauguration period. HYPE trades at about $25.9, surging over 17% within the last seven days, and experts predict HYPEs surge to about $88, making it one of the top projects preparing for an explosive surge this year.
Remittixs Distinct Ecosystem Draws Institutions To Its Token Presale
Remittixs ecosystem sets it apart from projects like Solana with its unique cross-border payment structure. This PayFi cryptocurrency provides cross-border payment solutions for individuals and businesses with amazing utilities like a flat-rate pricing model.
At the core of the Remittix account is its dedication to creating global accessibility by bypassing the barriers imposed by traditional banking infrastructures. Through the Remittix platform, the unbanked populations receive adequate support as the platform democratizes cross-border payments, thus reducing inequalities.
Unlike tradfi systems, Remittix processes transactions swiftly and ensures that users receive their funds in full with no hidden charges; businesses can also leverage this platforms Pay API to provide frictionless and smooth cryptocurrency payments alongside convenient fiat settlements.
Additionally, companies can set up merchant accounts that allow them to manage how they cash out their cryptocurrencies. These specialized merchant accounts can handle over 50 crypto pairs and 40 fiat currencies. This system offers independence in the control and flexibility of businesses accounts.
Due to its outstanding features, experts call RTX one of the best coins now and say it could witness explosive gains this year. The Remittix presale has raised over $5.3 million in rapid fashion, with many comparing it to Binances successful ICO as it looks set to smash the $6 million mark this week! This impressive presale performance draws more to its token presale, and already, over 270 million of the RTX tokens allocated to this ICO have been purchased.
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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
Text source: ZyCrypto
