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As DOGE and BONK navigate the volatile market, Remittix presents a unique PayFi solution that has supported mass adoption.
Meme coins Dogecoin (DOGE) and Bonk (BONK) have shown mixed sentiments that reflect broader crypto market dynamics. After weighing heavily last week, the price of Dogecoin has risen in response to Elon Musk's tweet appreciating US President Donald Trump and others for supporting DOGE On the other hand, Bonk has experienced decline even after its strategic step of burning 1.6 trillion BONK tokens.
The shooting event aims to increase scarcity and demonstrate its commitment to long-term growth. As Bonk and Dogecoin quietly position themselves for explosive growth, Remittix (RTX) has created a huge buzz with its unique PayFi solution and growth potential. Each of these signs brings something special, whether it's strong community support or technology. Let's take a look at the deets.
Could Dogecoin hit $1 in 2025?
DOGE crypto jumped above $0.3432 on Tuesday, rallying with the top three cryptocurrencies. The uptick appears to have been fueled by Elon Musk's tweet and a broader market relief rally. The meme token has shown resilience, holding gains above its critical support level of $0.30. Dogecoin's rise coincides with a more than 90% increase in daily trading volume to more than $3.80 billion.
Despite a broader market correction, Dogecoin whales have shown strong confidence in the token's recovery. According to crypto analyst Ali Charts, large wallets have collected about 470 million DOGE tokens worth $155 million at $0.33. The increase in whaling shows hope for DOGE's long-term viability and prospects for recovery. In particular, the price action of the coin meme has coincided with its historical patterns.
After a rise at the end of 2024 and a healthy correction, the indicator mirrored the previous cycles where Dogecoin consolidated near key Fibonacci levels before triggering another breakout. CryptoSurf has indicated that DOGE is approaching the 0.618 Fib level around the $0.33 mark, a key area for a reversal. Historically, Dogecoin has exhibited explosive rallies from similar levels. If this pattern repeats, the DOGE coin could see upside above the $1 psychological barrier in the coming months.
Bonk struggles despite a mass shooting incident
After his recent token burning event, which successfully removed 1.69 trillion BONN tokens, worth more than $51 million, from circulation, Bonk's price saw a brief rally but slipped back to its decline. Looking ahead, the BONK ecosystem seems to be aiming to diversify beyond token burning. The team had shared plans to support projects building on BONK, creating additional value streams and resources.
Combining supply reduction with ecosystem expansion through development plans could increase the potential for growth in 2025. In addition, its Arkham Exchange listing could encourage more trading activity and exposure, and resulting in significant price changes. In addition to network development, Bonk's technical structure indicates that the meme coin is going below its 100-day simple moving average.
This position below the SMA usually indicates a bearish outlook. According to Andrew Griffiths' analysis, Bonk's price has shown signs of a breakout, with its high front forming a falling wedge. The meme volume is targeting $0.00003141. In particular, if BONK can maintain its momentum, it could target the $0.000075 mark and, ultimately, the $0.11 mark by the end of 2025. The relative strength index (RSI) is lower than 50, suggesting that the BONK bottom has room for more upside rally, with prices poised to recover if buyers enter.
A better alternative to DOGE and BONK: Remittix
While Dogecoin and Bonk meme coins are well positioned for huge growth potential in 2025, Remittix (RTX) has attracted attention, with the ability to offer more products, as more people discover their unique solution to address some of the biggest issues in the cross-border payment market. For example, cross-border payments are often plagued by slow transaction processes, large hidden fees, and network congestion.
By integrating blockchain technology with traditional finance (TradFi), the Remittix protocol enables instant global transfers without long delays and high fees. Users can send over 40 cryptocurrencies and convert them into 30+ fiat currencies. By integrating local banking networks, Remittix users can transfer their fiat globally. The platform has also prioritized security.
All transactions will be stored in a public ledger to ensure traceability and transparency, reducing unnecessary overhead costs. In addition, the platform has received certification from BlockSAFU and SolidProof, assuring users of their reliable PayFi solution. Remittix also locks liquidity pools and tokens for three years to protect early adopters and ensure price stability during market volatility.
In particular, the RTX token will power important processes within the ecosystem, including staking and governance. RTX holders will enjoy earning rewards for up to 8% APY. Remittix offers a VIP level program with special benefits based on customer deposits for those who want to take their earnings to the next level. Level three VIP holders, for example, can earn up to 18% APY with voting rights privileges. As of now, Remittix is in pre-sale and available for just $0.0207.
RTX pre-sale on track to $3m
After selling over 161 million RTX presale tokens, Remittix has raised over $2.8 million in less than four weeks. These impressive ICO numbers highlight the strong confidence of investors and the potential of 10x its price value in January, which is expected to reach $1 in the first half of 2025.
To learn more about Remittix, visit the Remittix Presale Website and join the Remittix community.
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