Solana, XRP and Dogecoin Plummet; Whales Continue To Scoop Up Viral Ethereum Altcoin
The major cryptocurrencies Solana and XRP alongside Dogecoin have recently recorded substantial value declines in the market. Now, investors are purchasing the viral Ethereum altcoin, Remittix.
This is no surprise as the market value of Solana, XRP and Dogecoin continues to plummet which indicates a bearish period for these tokens.
Luckily, investors can quickly pivot into Remittix, a new token built on utility and sustainability. Lets find more in this article.
Solana's Steep Decline
Solana recently experienced a major price drop of 41.17% which brought its value down from $286.81 on January 19 to $168.72. Solana has experienced its biggest price decrease in over three months where its value plummeted by 39.16% from previous levels. This has erased around $50 billion from its market cap in just 30 days.
The decline of Solana indicates a major drop in the crypto market that occurred in 2025. Bitcoin has registered merely a 1.89% growth in its value since the beginning of the year. Since President Donald Trump retook the White House position the market enthusiasm for cryptocurrency values seems to have significantly deteriorated.
Furthermore, The tight connection of Solana to meme coins which initially fueled its popularity creates an actual danger for the blockchain network. The promotion of LIBRA by Argentina President Javier Milei has sparked controversies involving pump-and-dump schemes. This has intensified investors search for the next viral Ethereum altcoin.
XRPs Market Correction.
Over the last three days, XRP has been on a downward trend, marking lower highs, but analyst EGRAG Crypto suggests this is merely part of filling an ascending triangle formation. Following a two-week high of $2.83 on February 15, the lack of broader market support led to this high acting as resistance, initiating a bearish shift.
In this period, XRP has seen a decline of 7.5%, passing the psychological support at $2.7 and $2.6. EGRAG Crypto has observed four losses in six recent 12-hour candlesticks, underscoring the bearish pressure.
Now, experts are saying that the uncertainty surrounding XRP's current market behavior has led many to seek coins like Remittix, the viral ethereum altcoin.
Dogecoin's Unexpected Drop
Dogecoin (DOGE) has been unexpectedly declining, dropping 5.5% to reach $0.2494 on February 18. This is the third consecutive day of losses following an unsuccessful attempt by bulls to hold onto the recovery peak of $0.2874. Meanwhile, the global crypto market cap fell by 1.6%, settling at $3.14 trillion.
Technical analysis shows Dogecoin has confirmed a bearish flag pattern since February 16. This is because Dogecoin fell below the flag's lower boundary at $0.2660. This pattern indicates potential for further price drops, with DOGE currently testing the support at $0.26.
Luckily, investors can explore alternatives like the viral Ethereum altcoin, Remittix which might offer more promise.
Whales Bet Big on Viral Ethereum Altcoin
Now, whales are increasingly investing in Remittix which is rumored as the next viral Ethereum altcoin. This is no surprise as Remittix introduces a revolutionary fusion of traditional and decentralized finance called Payfi.
With this, Remittix promises universal access, allowing for swift international fund transfers while slashing the high fees of conventional banking. Also, its rapid transaction capabilities and inclusive financial services provides a secure and transparent platform.
The advantages of Remittix include not only cost reduction but also the ability for businesses to accept payments in cryptocurrency. Now, these businesses can settle in FIAT. Moreover, since the platform operates 24/7, payment processes can occur faster and round the clock.
Conclusion
Currently, Remittix is in its community presale phase. This presale will raise $36 million with an aggressive timeline to sell out in about 8 weeks. It offers 750 million RTX tokens (half of the total supply), to early investors.
Since security is paramount, the smart contract has been audited by BlockSAFU, ensuring no vulnerabilities. Fortunately, both liquidity and team tokens will be locked for three years. This will ensure stability in years to come.
To be a part of the viral Ethereum altcoin, Remittix, join the presale with these links:
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.
Text source: Crypto Daily™
