Chainlink’s price has remained above the critical $25 support because of strong backing from Trump’s World Liberty Financial crypto asset firm. Litecoin is also continuing its upward momentum after a 20% decline because of high market participation by whales.
Meanwhile, Remittix’s low-cap altcoin is giving savvy traders an ideal entry point during its viral presale which has already raised more than $5.3 million in record time.
Chainlink (LINK) Holds $25 Support as Market Reacts to Trump’s Presidency
Chainlink showed significant resilience as the broader crypto market experienced a shake-up after Trump’s inauguration speech. A closer look at recent market data indicates that Chainlink has attracted massive capital inflows in the week leading up to Trump’s inauguration, hinting at high investor confidence.
Chainlink’s price recorded a 27.84% increase during the last seven days, possibly because of Trump’s World Liberty Financial firm adopting Chainlink for on-chain data and cross-chain connectivity. World Liberty Financial holds $4.7 million worth of Chainlink tokens, signaling a long-term bullish movement for Chainlink.
Chainlink’s price is currently consolidating at $25.80 after an intraday decrease of 0.89%. If Chainlink keeps experiencing high buying activity, it could target the $27.50 resistance soon.
Litecoin (LTC) Whale Activity Surges Despite 20% Price Crash
Litecoin’s price experienced a 20% decline on Monday but has already recovered 13% in less than a day. This resilience is creating renewed optimism in the market, with analysts expecting a major Litecoin rally in February.
Litecoin’s impressive recovery can be attributed to the 7% surge in large transactions on Litecoin’s network during the last 24 hours. Since up to 72% of Litecoin addresses are currently in profit, analysts expect Litecoin’s ongoing upward momentum to continue for the next few weeks as the investors will not sell at a loss.
Litecoin is currently trading for $116.70 after an intraday decrease of 0.80%. Analysts are keeping their eyes on the $150 psychological level which could be a hurdle for Litecoin.
Remittix (RTX) is the Rising Star in Crypto with Real-World Utility
Remittix has already raised over $5.3 million during its presale phase, reflecting strong investor confidence in its innovative spin on traditional finance. Analysts are projecting up to 10x growth in Q1 of 2025, placing Remittix at the forefront of the DeFi revolution.
Remittix’s PayFi ecosystem is designed to simplify international money transfers. The platform effectively bridges cryptocurrencies and traditional finance, allowing users to make cost-effective payments across the world. Remittix users can convert cryptocurrency into 40+ fiat currencies and make direct deposits into local bank accounts.
Remittix is outshining traditional payment apps with its unique crypto-to-fiat PayFi ecosystem. All payments are processed through Remittix’s fully audited smart contract that ensures same-day deposits anywhere in the world.
The PayFi ecosystem also extends to business owners who can use the Remittix Pay API to accept crypto payments from customers. The Checkout feature permits businesses to offer simple crypto payment experiences to customers, allowing them to make online purchases with the same security and user-friendliness as traditional payment methods.
Merchants can set up their accounts on Remittix and receive payments directly in their wallets without additional charges for foreign exchange or wires. Funds can be cashed out through the Remittix merchant account in 30+ fiat currencies or 50+ cryptocurrency pairs.
Remittix is revolutionizing cross-border payments with its simplified approach, making it one of the most attractive investment opportunities in the market. RTX tokens are currently selling for only $0.0282 during the ongoing presale block, making Remittix the perfect low-cap altcoin to invest in before February.
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