Dogecoin’s shortcomings are hitting back as the lack of technological advancements and utility has raised questions about its long-term potential. Elsewhere, a new crypto, Remittix (RTX), is stealing the spotlight amid the announcement of the integration of an upgraded Proof-of-Stake (PoS) model. Of course, we know that this latest model is inspired by Hoskinson’s vision for secure, efficient and scalable blockchain networks.
However, with Hoskinson’s Cardano (ADA) also struggling like the DOGE price, investors are now turning to Remittix as its generated funds exceed the $9 million milestone. Analysts believe Remittix could be investors’ holy grail in the dwindling crypto market and predict a hard pump to $1 in 2025. Here’s why!
Remittix: The future of Proof-of-Stake payments
Unlike Dogecoin, the new crypto, Remittix isn’t just another speculative token it’s an advanced PoS-based crypto designed to revolutionize blockchain payments. Inspired by Hoskinson’s approach, Remittix combines efficiency, security and real-world adoption into a single platform. This makes the platform feature a crypto-to-fiat system revolutionizing the PayFi and global remittance market.
With Remittix, Individuals and Businesses can conduct transactions without having to worry about hidden costs when they convert their cryptocurrency to money and transfer it to any bank account around the globe. The best part is that you can still get a stake in Remittix’s inevitable success by joining the ongoing presale.
Given its limited 1.5 billion coin supply, new crypto Remittix also appeals to hype-driven traders and by 2025, experts estimate its value might explode and provide up to 100x returns.
Dogecoin: market struggles to stall consolidations further
Dogecoin’s rise faces a harsh reality as the meme coin continues to consolidate and experience range-bound movements. The DOGE underperformance comes as the broader cryptocurrency market faces an upward trending market with Bitcoin currently trading at 104.5k, recording a 10% monthly gain. Dogecoin’s fall coincides with a market-wide sell-off in risk assets, including U.S. equities.
The economic data shows shifted investor expectations with eroding hopes for Federal Reserve rate cuts before mid-2025. Added to this, the benchmark 10-year U.S. Treasury yield spiked to its highest since May 2024, further discouraging risk-taking behavior. Even more depressing for the DOGE price, this mix of macroeconomic concerns follows bearish technical patterns suggesting further downside for Dogecoin in the weeks ahead.
ADA price faces head dive as liquidations soar
In recent months, Charles Hoskinson’s ADA has also taken a hit alongside the DOGE price. The market witnessed a significant correction in Cardano prices, with the token experiencing a sharp decline to $0.85, representing a 24% decrease in the past month. However, Cardano has shown a notable recovery lately, bouncing back from the slump that affected the market earlier in the year.
The general downturn in January 2025 hit a lot of cryptocurrencies hard, but ADA seems to be finding its feet again. ADA’s recent price recovery has been moved by Cardano’s founder, Charles Hoskinson. His influence on the market remains strong, particularly through his advocacy for clearer regulations in the crypto space.
Conclusion
Remittix appears to be the cryptocurrency market’s breakout star thanks to its cutting-edge features, strong presale success and promise of enormous rewards. Currently, at $0.0521, new crypto, Remittix, could be the next big PoS-powered crypto to watch in 2025. Now is the time to act!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
