The crypto market is entering a new phase in what seems to resemble a price consolidation, the calm after the noise. Solana, for example, has returned to a price above $140, beating the bearish prediction that the price could hit $120. However, with the crypto market cap showing slight recovery from the bearish roll, what altcoin investment can bring the most gain as the market recovers?
However, while the Solana price has shown a good charge and might be heading towards reclaiming the $294 ATH, Remittix is projected to see higher moves. Let’s touch on some details.
What Factors Will Be Responsible For Solana Price Growth This Year?
Diverging opinions have been expressed on the path for the Solana price growth this year. However, while some analysts’ predictions point towards a mere recovery from the bear setting the price at $290, others think it could see up to $500. Top analysts have identified some key components for the Solana price‘s bear or bull move this year, including the pump.fun meme coins performance this year.
The pump.fun has contributed greatly to the Solana price growth in the last few months following a surge in the meme coins created through the app. But beyond the high number of meme coins created alone, the app made it important for those interacting with the meme coins to buy Solana. This caused a big surge for Solana early this year as the meme coin rush reached a new high. However, as the market cooled off from the rush, the price drastically reduced with lower demand for the coin.
If the reliance on the meme coin continues, the Solana price growth might be left on gamble as only the return of the meme coin rush could bring back the surge.
Is Dogecoin Nearing a Key Accumulation Zone?
The price change of the Dogecoin in the last few weeks has been alarming, with the price falling below a death cross on the daily chart. The Dogecoin price is trading at $0.2065, falling 37% in the last 30 days and 52% from the year’s high of $0.4335 in January. However, some factors might hint at a possible recovery for the Dogecoin price.
On the weekly chart, the Dogecoin price shows a potential bounce from the 50 SMA, which has become a key support area. This zone is set to provide liquidity for the Dogecoin price as new investors continue to use this zone as a perfect entry point. Analysts’ prediction puts the Dogecoin price growth this year at $0.79, which could see the coin rise 82% from the year’s high and 280% from the current price.
Remittix Potential To Present The Biggest Gains This Year
Remittix is projected to see over 50x this year, which is already more than the combined Dogecoin and Solana price projection. This is due to the growing acceptance of the Remittix solution, which is changing the crypto landscape. Analysts believe the Remittix solution could see crypto gain new utility as it takes a stronger position in everyday life.
The Remittix exchange facilitates transactions that make sending payments worldwide directly into bank accounts possible with cryptocurrency. With support for over 40 crypto assets, Remittix is taking over the crypto payment sector like a storm. Some experts believe this new Remittix token is the XRP 2.0 as it breaks down all hurdles in the crypto-to-FIAT frontiers.
However, the Remittix token is currently in presale, giving early investors room to take a key position in the future of crypto payments. The early presale investors have seen up to 8x, and a growth prediction projects the potential of an additional 5x before the end of the presale. There is no time to wait; now is the best time to invest in the Remittix token.
Check the Remittix exchange or presale website to learn everything about this new game-changing crypto asset. Below are some links to get you started.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
