It’s beginning to look rather bubbly in the meme market, as Dogecoin has had quite a recovery in the past week. The Dogecoin price has finished in profits for three out of the past four days, and traders are already committing to the DOGE token.
As the Dogecoin price recovers, traders and investors elsewhere in the DeFi sector face significant competition. Remittix could be leading the charge for profits soon, as crypto users eagerly await the project’s features and launch.
Remittix will usher in a new dawn for crypto and fiat bank account transfers, and here’s more.
Dogecoin Price Rising for a Comeback?
Most of the crypto market, including Dogecoin, has been stuck in bearish dips for the past two months. The meme coin seems to be making a price reversal against all odds, as blockchain metrics have turned bullish.
The first indicator was the rising number of active addresses on the Dogecoin blockchain. Crypto analyst Ali Martinez spotted a 400% spike in active addresses on Dogecoin, and there has also been a spike in new addresses.
Bearish dips come with a dip in active addresses, and now that the addresses on Dogecoin are becoming active, the predictions on the token are definitely bullish. The Dogecoin price for now is still on $0.17, and the recent bullish streak has cut its weekly losses to about 10%.
Dogecoin Picks Up on Futures Markets
The Dogecoin price has ended on a green note on three of the past four days as users keep streaming back to the meme coin. The flux of activity on the DOGE blockchain has pulled the token out of its price slump.
Now, the reversal has improved the outlook of Dogecoin price predictions. Crypto traders are paying attention to the futures markets for Dogecoin. Open Interest has spiked seemingly overnight, as there have been investments worth 8.42 billion DOGE on Dogecoin’s Futures.
There’s so much bullish news from Dogecoin, which could soon spread to all the top memes. The Dogecoin price is already on a bullish streak, and even Ali predicts Dogecoin will surge to $2 in the long run.
There might be a flux of trading activity on Dogecoin, but Remittix (RTX) is stealing the investors all around.
Get Crypto Assets to Fiat Accounts With Remittix
Sending crypto assets to fiat bank accounts is among the few objectives DeFi had not achieved–until Remittix came along. The project intends to bring crypto even closer to fiat currencies, and its interface makes for a seamless transfer experience between crypto wallets and bank accounts.
On Remittix, users only have to provide the recipient’s bank account details and input the number of crypto tokens they will be sending. Remittix changes the cryptos into the appropriate fiat currency and sends them to the receiver’s bank account.
There are a few other unique features on Remittix too. Apart from being the only platform that allows users to send their cryptos directly into their bank accounts, the transfers are not traceable to a crypto blockchain. In that way, the source of the funds is kept private and anonymous to everyone, even the bank.
Also, as you might expect, smart contracts are generated on a one-time basis to handle crypto liquidations. Users are assured of a quick, efficient way of converting their cryptos from the wallets to fiat currency.
Even businesses can plug into the revolution on Remittix. The Remittix Pay API allows merchants to own crypto wallet addresses that can be linked to their business accounts. After a preset time, the address receives crypto payment for their services and resolves the crypto tokens into the bank accounts.
Get Into the Remittix Ecosystem Early!
Investors are trooping to the Remittix presale already, as the project is about to become one of the most visited ecosystems in the crypto-verse. Every crypto user will be out to use Remittix, and the rising demand will cause profits for token holders.
The presale is on now–each RTX coin costs $0.0743, with a chance of delivering presale ROI.
Don’t miss the RTX presale or launch; get some of yours today.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
