BTC dominance is at cycle highs, while altcoins continue their brutal decline. Only a handful Chainlink, HYPE, OM and Remittix have posted gains more than 30% over the last 90 days, signaling resilience in an otherwise volatile market.
Chainlink has been gaining significant momentum, while Remittix (RTX) is gaining traction as a potential candidate to increase 100 times in value. Industry analysts are now favoring these two projects over Solana (SOL), which has taken a hit after the security breach involving Jupiter.
With sentiment turning negative on SOL, savvy investors are shifting to projects deemed as the best crypto coins to buy now. Could Remittix be the next crypto to 100x?
Solana (SOL): Struggles With Confidence After Security Incident
Recent developments within the Solana ecosystem have rattled investor trust. On Wednesday, Jupiter's official X account, Solana’s largest DEX aggregator, was compromised, promoting fraudulent meme coins and encouraging users to purchase a fake token, MEOW, allegedly associated with Jupiter’s pseudonymous co-founder.
The consequences were immediate and severe. In mere minutes, traders reported losing millions in SOL as unsuspecting users clicked on malicious links.Crypto VC Beanie captured the irony succinctly:
“We trust these protocols with billions in liquidity, yet their social media accounts remain vulnerable.”
This poses a significant security issue at a point where the most popular DeFi apps handle billion-dollar liquidity pools. It raises doubts about the security of the Solana ecosystem. Not surprisingly, SOL has seen a sharp decline, dropping 12.9% in just 48 hours, with its market value now at $192.91.
Investors are channeling funds into more secure and promising projects like Chainlink and Remittix, driven by fears of further security breaches.
Chainlink (LINK): Experiences Strong Institutional Buying
While Solana deals with security issues, Chainlink is witnessing a price surge, propelled by growing institutional interest. Former President Donald Trump’s recent push to halt tariffs has sparked investor curiosity in real-world assets (RWA), a domain where Chainlink excels.
Whales and savvy investors have been heavily purchasing LINK, acquiring it at prices between $17 and $21 since early February. Historically, such behavior by major holders has resulted in significant price increases.
Chainlink is also experiencing heightened retail demand, with buying pressure significantly outstripping selling. Currently, priced at $19.21, analysts anticipate a surge to $36, as Chainlink continues to gain momentum. Retail enthusiasm could drive LINK to new heights, making it one of the best crypto coins to buy now.
Remittix (RTX): Could It Be the Next to Multiply 100x?
When discussing real-world applications, Remittix stands out as a highly attractive investment in the current market. Similar to how Chainlink is driven by real-world usage, Remittix provides a much-needed solution in the DeFi space.
Remittix is an inventive PayFi tool enabling people and businesses to seamlessly deposit fiat payments using their crypto assets. Users can convert over 40 cryptocurrencies into fiat and transfer them to any bank account worldwide.
Industry analysts are optimistic about Remittix’s potential, viewing it as a pivotal component in DeFi’s growth—many even see it as the next crypto to 100x. Like the real-world adoption boosting Chainlink’s price, Remittix’s capability to enable immediate fiat payments via crypto positions it as one of the best crypto coins to buy now.
Explore the future of PayFi with Remittix by visiting their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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