As 2025 begins, many assets are seeing volatile price movements in the cryptocurrency market. Monero (XMR) looks to be rebounding after a slow 2024, while Polkadot (DOT) struggles amid big price swings. Another emerging contender in the DeFi arena is Remittix (RTX), a promising PayFi solution addressing inefficiencies in the cross border payment sector. As the market gears up for upcoming political changes that will inevitably cause disruptions, these projects are shaping up to play pivotal roles in the crypto landscape this year. So will Monero, Polkadot and Remittix survive or thrive? Polkadot Sees 12% Gain After Losses In Early January Some major changes have been going on for Polkadot (DOT) lately. Between the 7th and 13th January, extreme fluctuations were observed. This window saw Polkadot (DOT) start trading at $7.8076 and plummet to $6.0772 by January 13. But recent days have seen some level of recovery, as Polkadot (DOT) posted a huge 11.94% weekly gain. Polkadot is still benefiting from its parachute auctions despite these fluctuations. Such auctions remain a key part of Polkadot’s ecosystem, providing projects with slots on the network’s Relay Chain. Recently, there has been a spike in adoption, with millions raised through community contributions, attracting developers and fostering the growth of new projects within the Polkadot network. Monero (XMR) Posts Strong Weekly Gain Monero (XMR) took its holders on an emotional rollercoaster throughout 2024, zigzagging in every direction left, right, up, down and everything in between. The start of 2025 was no different for Monero, with large fluctuations throughout much of early January. However, Monero (XMR) now seems to be seeing a resurgence, posting a 9% gain in the last week. Technical indicators support this positive momentum for Monero. The Relative Strength Index is currently 58, sitting above the neutral 50 mark, which points to increased buying pressure. Remittix Levels Up The Cross Border Payments Space While Monero and Polkadot face headwinds, Remittix (RTX) is quickly gaining recognition for addressing inefficiencies in the $190 trillion cross border payments industry. The platform comes with some impressive engineering, enabling users to convert over 40 cryptocurrencies into fiat and send funds directly to bank accounts worldwide. Revolutionizing Payments for Businesses The Remittix Pay API stands out for its ability to simplify the integration of crypto payments into existing financial systems while offering seamless fiat settlements. Additionally, merchant accounts allow companies to manage transactions across 50+ cryptocurrency pairs and 30+ fiat currencies, making Remittix (RTX) an adaptable and efficient solution for businesses operating in global markets. Privacy and Flexibility Remittix’s (RTX) platform ensures privacy by processing payments as standard bank transfers, concealing their cryptocurrency origins. This feature appeals to both businesses and individuals seeking discretion in their financial activities. With its focus on flexibility and usability, Remittix is positioning itself as a key player in the PayFi sector, bridging the gap between blockchain and traditional finance. Remittix Presale Gathers Momentum The $RTX token at the heart of the Remittix ecosystem is currently available for $0.0217 in the project’s presale phase. Remittix has quickly raised more than $3.4 million and isn’t slowing down anytime soon. Analysts expect a staggering 800% price surge by the presale end and further growth post launch. Owing to its advanced approach within a prosperous sector, Remitix finds itself in a prime position to disrupt the market in 2025. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials: https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
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Did Donald Trump Really Buy Solana (SOL)? Many Claims Are Circulating
As it is known, the new President of the United States, Donald Trump, launched a memecoin yesterday and made a big splash in the cryptocurrency market. After examining onchain data, it was claimed today that Trump`s wallets started actively purchasing Solana. So how true is this claim? Looking at the data, we see that Trump is constantly transferring liquidity to TRUMP pools on Meteora, a memecoin launch platform. However, the fees accumulated in these pools are withdrawn by the team and Solana is actively purchased. However, there is one more detail. It was observed that the team, which was seen to have purchased a total of $7 million worth of SOL, sent these SOL coins directly to OKX and probably sold them. In other words, it seems that Trump and his team have no intention of accumulating SOL in the current situation. Related News: Analysis Company Claims: "If Bitcoin Crosses This Level, It Will Pave The Way Up To $ 161 Thousand, But If Not..." However, a recent article in the New York Post claimed that Trump was open to the use of US-based cryptocurrencies such as SOL and XRP as a strategic reserve in the US. Considering that Trump launched his latest memecoin on the Solana network, it can be said that he is at least more positive about SOL than other cryptocurrencies. *This is not investment advice. Continue Reading: Did Donald Trump Really Buy Solana (SOL)? Many Claims Are Circulating NullTx
Is Official Trump (TRUMP) a Boon or Bane for Crypto Markets?
Aside from the upcoming inauguration, which is scheduled to take place on January 20, Donald J. Trump managed to capture the crypto community’s attention via a very surprising and extraordinary move made on Friday evening. The meme coin that he and his team launched and promoted has skyrocketed in a spectacular fashion, becoming the second-largest in its field. Is that good or bad for the overall meme coin landscape and crypto as a whole? The Bad It has been less than two full days, but Official Trump, going under the ticker TRUMP , has become a top 20 altcoin on CoinGecko and CoinMarketCap and is even close to cracking into the top 10 on the latter. Its market capitalization has shot up to nearly $15 billion on CMC, and it could be even higher by the time you read this article. This is a spectacular and never-before-seen type of surge for a cryptocurrency. It literally went from 0 to (almost) 100 in less than a whole weekend, making multiple savvy traders overnight millionaires . Its story continues to amaze even the most experienced crypto market participants, as it is now the second-largest rep of the meme coin space, which was already quite overcrowded. But its rise has been met with the demise of many alternatives. CoinGecko’s meme coin chart shows that almost all competitors have bled out since TRUMP’s launch on Friday evening. On a daily scale, DOGE is down by over 9%, SHIB has plummeted by 10%, and PEPE has slumped by over 16%. This only goes to show that crypto, and meme coins in particular, is a dog-eat-dog world. And the biggest and ‘baddest’ now is the Donald Trump-backed rep, which is taking everyone down. The Good Although it’s true that most meme coins, and even altcoins as a whole, are dumping hard today, TRUMP’s launch could actually be a blessing in disguise for them as well. After all, the upcoming US president has backed a crypto asset, which would probably mean that it will attract new investors to the market. The craze is more than obvious now and could continue for days and even weeks, especially since his inauguration is 24 hours away. However, those market participants will eventually start seeking alternatives once TRUMP’s rally reaches an exhaustion point, which could benefit some of its competitors or other alts. Let’s not forget that the president-elect made numerous pro-crypto promises during his campaign, which aim to propel the entire industry forward. In conclusion, it’s too early to say whether Donald Trump’s official entrance to the crypto asset world will have positive or negative long-term consequences for the market. However, it’s certain that it will impact it big time. The post Is Official Trump (TRUMP) a Boon or Bane for Crypto Markets? appeared first on CryptoPotato . NullTx