New ETF Applications for Dogecoin and Solana, But This Trending Altcoin Dominates January Headlines

As Bitcoin and Ethereum ETFs have seen great success, experts are speculating about which altcoins might be next in line for approval. Amidst a rapid increase in institutional adoption of cryptocurrencies, the market is abuzz with activity. Many financial giants are submitting ETF applications to regulatory bodies, and Solana (SOL) and Dogecoin (DOGE) are currently among the most enticing options available. 

While there is plenty of talk about the next crypto ETF, Remittix (RTX) is making significant waves in the crypto payment space with its groundbreaking PayFi platform, which has the potential to transform the entire industry. Read on to find out more. 

Dogecoin Kicks Off The Week With Bearish Trends

Dogecoin's price recently declined due to increased selling pressure after it faced a strong rejection at the $0.42 resistance level. Following an 8% rise in a single day, Dogecoin now sits at the $0.32 support level, with nearly 13% losses over the past week. 

With about $3.7 billion worth of DOGE being traded on exchanges in the last 24 hours, Dogecoin's trading volume surged by more than 160%, driven by a surge in short orders. Despite the current downturn, investors remain hopeful as Dogecoin continues to be a prominent player in the crypto market, especially as a potential meme coin ETF. 

Renowned analyst Ali Martinez predicts a massive 4,101% increase for Dogecoin if DOGE ETFs receive approval, potentially pushing its price to double digits. More cautious projections, in the meantime, are eyeing the $1 mark as the next significant milestone. 

Solana Falls Below $230 Before A Rebound

Solana is experiencing significant volatility, continuing its downward trend from the weekend. Currently, Solana is trading at $233 after an 8.5% decrease in the last 24 hours. 

The token briefly touched $222, but buyers stepped in, punishing late shorters and driving the price back above $230. 

When it comes to the Solana ETF, uncertainty lingers as the SEC has rejected initial applications from VanEck and BitWise along with other fund managers. On the other hand, some analysts believe Solana ETFs might get the green light by the end of the year, especially with Donald Trump pushing for pro-crypto legislative changes and shifts in leadership.  

What's Making Remittix The Talk Of The Town In January 

Remittix (RTX) is revolutionizing global payments, offering fast and affordable cross-border solutions. Cross-border payments, valued around $150 trillion in 2017, are anticipated to rise to $250 trillion by 2027. Remittix is capturing market share in this vast industry, providing a seamless and efficient solution for international transactions by merging blockchain's power with traditional banking systems. 

With Remittix, users can quickly exchange over forty leading cryptocurrencies for fiat, which can then be instantly transferred to any bank account worldwide. What sets Remittix apart is its simplicity. Recipients, unaware that the transaction began as a cryptocurrency payment, receive a standard bank transfer. This innovative approach allows users to maintain complete control and flexibility over their finances. 

As a bridge between crypto and fiat, Remittix offers a superior alternative to traditional payment providers like Stripe and Wise, as well as crypto-only platforms like Coinbase Wallet. Remittix ensures accessibility and inclusivity for businesses and individuals by supporting over 50 crypto pairs and more than 30 fiat currencies, simplifying global commerce with its wide array of options. Thanks to Remittix's Pay API, businesses can now accept bitcoin payments from clients and manage fiat transactions to a designated bank account. 

The platform's transparent flat-fee model is also noteworthy, offering savings and clarity over the high costs and poor exchange rates of traditional banks. Remittix is a game-changer in the payments arena, where dubious practices are unfortunately common, as this method ensures that the full amount sent reaches the recipient. 

Priced at $0.0479 in its presale, the RTX token presents a strong investment opportunity. Projections indicate significant growth, with demand for innovative cross-border payment solutions driving a 25x multiplier during the presale phase and over 5,000% gains post-launch.

Discover the future of PayFi with Remittix by checking out their presale here:

Website:https://remittix.io/

Socials: https://linktr.ee/remittix