There have been significant losses for Litecoin and Shiba Inu in the last 24 hours as many holders look to new projects hoping for better returns. Among these is Remittix (RTX), a PayFi project that raised over $5.2 million in its presale in just a few weeks. The project tackles problems that have been plaguing the global payments sector for many years now, offering a modern alternative. This is a market worth $190 trillion and Remittix could grab a big slice. So how will Shiba Inu (SHIB), Litecoin (LTC) and Remittix (RTX) fare in Q1 of 2025?
Shiba Inu (SHIB) Plummets 7% Overnight
Shiba Inu has kept its holders guessing with major fluctuations through most of January so far. In just 24 hours, Shiba Inu (SHIB) has plummeted by 7.3%, putting Shiba Inu at a value of $0.00002026, dipping to 0.00002040 earlier today. The MACD still signals a slight bullish crossover despite the asset’s losses, so some upward movement or at least some consolidation could be coming soon. On-chain activity too is up, with active addresses up 15% last week, which is at least a sign of healthy network engagement for Shiba Inu (SHIB).
Litecoin (LTC) Sees 24 Hour Dip After Strong Weekly Gain
Litecoin (LTC) too has been facing fluctuations. The asset had a strong week, with a net gain of 15.81%, but it has hurtled down in the last 24 hours, losing 4.06% of its value. Litecoin (LTC) is now trading around the $120 mark, climbing as high as $128.23 earlier today before dipping to $114.44. Litecoin’s RSI is at 62, which means it’s creeping toward overbought territory, but there’s still room for growth. On the contrary, Litecoin’s MACD shows some solid bullish momentum, lining up with the recent price jumps. Looking ahead, Litecoin’s big play for 2025 is getting a U.S.-based ETF approved, and if that happens, it could be a game-changer.
Remittix Switches Things Up in the Global Payments Space
With Remittix, users can convert over 40 cryptocurrencies into fiat and transfer money to any global bank account. By removing hidden fees and implementing transparent flat-rate pricing, Remittix tackles common frustrations associated with traditional international payments. Its rapid transaction processing positions it as a cost-effective and efficient alternative to existing solutions.
The entire process is simple. Users can send funds to any global bank account, with transactions typically completed in under 24 hours. For those weary of navigating complex banking systems, Remittix offers a straightforward yet powerful alternative.
Businesses can also derive great benefit from Remittix, particularly through the Remittix Pay API. This powerful piece of tech enables businesses to receive cryptocurrency payments and settle them in fiat currency. Eliminating digital asset management headaches, the platform supports more than 30 fiat currencies and 50 cryptocurrency pairs, enabling smooth financial operations across regions. Freelancers and merchants with global clients will find this function particularly useful to simplify payments and cut costs.
Recognizing the need for user independence, Remittix ensures that recipients do not know that payments were sent via its platform or that the transactions originated in cryptocurrency.
Remittix Storms Through Presale, Surpassing $5.2 Million
So far, Remittix has raised $5.2 million during its presale, which continues to gain traction. With a focus on privacy, efficiency, and user autonomy, Remittix is positioned to disrupt the $190 trillion cross-border payments market. Some analysts predict significant gains for Remittix (RTX), with forecasts of an 800% price surge during the presale and a potential 5,000% rally post-launch, as the project prepares to lead the PayFi sector.
Discover the future of PayFi with Remittix by checking out their presale here:
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.
Credit: Source link
