With a brand new week on the horizon, it comes as no surprise that crypto analysts and experts are providing possible insights and forecasts into what the new week may hold for some of the biggest altcoins on the market.
One of the more interesting takes circulating in crypto news today is the verdict on the Dogecoin price.
Unlike in previous cycles, the Dogecoin price has been stuck in a negative limbo, oscillating below its critical support levels as interest in memes continues to dwindle. At the moment, analysts don’t foresee a price correction on the cards for the largest meme coin by market cap, but maintain that anything is possible in the bull run.
Meanwhile, RTX, the native cryptocurrency of the upcoming PayFi project, Remittix, has surpassed $24.3 million in its ongoing presale as it draws closer to its much-anticipated token generation event.
Analysts Remain Bearish On Dogecoin Price Heading Into A New Week
Analysts do not believe there will be any significant improvements to the Dogecoin price over the next seven days, much to the dismay of token holders and fans of the broader meme coin sector. This is because analysts do not believe there will be any drastic change in investor behaviour this cycle, as the consensus has been that investors have abandoned memes for more recent narratives, such as payments.
So, barring any extraordinary circumstance, the Dogecoin price, as well as the prices of other top meme coins in the market, will remain in obscurity till further notice. On the other hand, the demand for payment tokens is sending their value to the moon, making the upcoming RTX token one of the most in-demand altcoins on the market.
Demand For RTX Reaches Fever Pitch As Token Crosses Another Milestone in Presale
Analysts are predicting a surge in RTX token sales over the next seven days as the demand for payment tokens reaches a fever pitch in the ongoing bull market. The news comes on the back of Remittix’s latest milestone achievement, surpassing $24.3 million in its presale.
With the recent achievement, fans and supporters of the project will grow more confident in its ability to surge past the $30 million mark before the end of the bull run.
Remittix has caught the eye of analysts and investors alike thanks to its unique position at the intersection of traditional and blockchain-powered payments. It is set to feature innovative features, such as:
* Direct crypto-to-bank transfers in over 30 countries worldwide
* 20% referral rewards for onboarding new users
* Support for 40+ cryptocurrencies and 30+ fiat currencies
Discover the future of PayFi with Remittix by checking out their project here:
