In spite of market volatility, Bitcoin bull Michael Saylor is still laser-focused on accumulating BTC, citing his belief in its long-term dominance. But other cryptos are likely to outstrip Bitcoin in price by 2025, potentially providing 10x returns rather than BTC’s more modest gains, some analysts say.
They include Dogecoin, Cardano, Ripple and a new cross-border payments entrant named Remittix. Below, we cover each asset’s current status and why experts think these altcoins can bring exponential returns to patient investors.
Dogecoin: Setting Up for a Return to $1?
As the first meme coin, Dogecoin (DOGE) has a faithful community that has seen it go through several bull-and-bust cycles. In spite of recent price oscillations beneath $0.25, whale transactions and high network activity place DOGE front and center within the meme-coin crowd.
Technical analysts observe that DOGE has pulled back to the 0.621 Fibonacci level, a traditional reversal area.
Dogecoin Analysis
Should buying pressure rise, DOGE can slice through the $0.287 and $0.40 resistances and embark on a “price discovery” journey. Bulls are hoping for a thrust towards the psychological $1 level, some 300% higher than current levels. Although naysayers argue DOGE’s run is reliant on viral hype, the coin’s enthusiasts say that its active base has a history of bucking bear-market losses.
Cardano: Bear Pennant Breakdown Signals More Downside
Cardano (ADA), once hailed for its methodical approach to development, is battling bearish signals. ADA validated a bear pennant breakdown on the 4-hour chart, suggesting a possible 35% decline. The recent price movement saw ADA plunge from $1.15 to around $0.71, with rejection of resistance at $0.742.
ADA/USDT 4-hr Price Chart
On-chain metrics unveil whale ADA holders reducing exposure. Messari displays supply in the hands of addresses holding 1 million ADA or more falling from 23.108 billion to 23.106 billion within a week. Historical trends suggest that whale distribution could be preceded by more downside absent new buying pressure.
Though Cardano’s medium-term fundamentals such as proof-of-stake governance and a burgeoning dApp ecosystem continue to be attractive, near-term technical bias is warning.
Ripple: Legal Clouds and Macro Shifts Shape XRP’s Future
Ripple (XRP) stands at a crossroads, battered by legal ambiguity and a shifting macro environment. XRP ended a five-day winning run on March 16, falling by 4.07% to $2.2952, a steeper fall than the market’s 2.39% plunge. Market participants are anxious about what the SEC does next, with any extended legal battle over an appeal potentially weighing on sentiment.
XRPUSD – Daily Chart – 170325
But the potential upside tantalizes. Approval of an XRP ETF would bring in a flood of institutional money, possibly sending prices soaring above $5. On the other hand, a hawkish Fed or resumption of trade tensions would send XRP plunging below $1.7938.
For the moment, the daily chart is providing bearish short-term signals, but previous rallies have taught traders that XRP can turn on a dime with favorable legal or regulatory news. In brief, Ripple’s near-term destiny is tied to a complicated combination of court twists and turns and economic headwinds.
Remittix: New Cross-Border Star Poised for 1000% Growth
While Dogecoin, Cardano, and Ripple all boast distinct investor psychologies, Remittix (RTX) enters the fray as a utility play for a $190 trillion cross-border payment marketplace.
Already, in presale, Remittix has raised over 520 million tokens worth $13.9 million. Early investors are already achieving returns of over 1000% already, in a market in turmoil, situating Remittix at the top DeFi tiers.
Priced at $0.0734, Remittix wants to make crypto-to-fiat an easy task for bank transfers worldwide, cutting out high fees and multi-day latency that are the bane of legacy finance.
More than 40 cryptocurrencies are accepted, with near-instant settlement facilitated through local payment rails and the blockchain. Merchants can also leverage Remittix’s pay API to accept several tokens and settle in fiat, reducing volatility risk exposure.
This human-centered approach appeals to freelancers, migrant workers and businesses looking for faster, cheaper remittances.
Analysts forecast a March 200% rally for Remittix due to its tied-up liquidity, robust security audits and offer to cede contract ownership to foster decentralization. Most view RTX’s focus on the real world as a breath of fresh air in a space too often mired in hype and speculation.
Will These Altcoins Surpass BTC’s Gains?
Saylor’s outright conviction in Bitcoin illustrates how highly some consider BTC’s gold thesis. Yet a lot of altcoins carry a more extreme risk-reward narrative, and 10x gains are available if catalysts fall into place.
Dogecoin can surf meme craziness back to $1 and Cardano can rally if it breaks out of its bearish pennant and re-establishes whale support. XRP’s narrative is binary based on court decisions and macro considerations, so it has a two-way trip of either multi-dollar breakouts or another excursion sub-$2.
Then there’s Remittix, which is tackling a massive remittance market with genuine use cases in the real world. Its presale popularity and instant pay model indicate the direction in which DeFi products are going to disrupt traditional wire businesses.
If adoption keeps on rising, Remittix might give a windfall beyond the modest returns that are expected from BTC. As always, every project has pitfalls, regulatory shifts, liquidity issues or changing investor moods can change the landscape. Meanwhile, for those seeking greater potential than Saylor’s favorite Bitcoin, these four altcoins could be the next batch of crypto success stories.
Interested in how Remittix might reshape global transactions?
Check out Remittix to see why PayFi could lead the next crypto frontier!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
