The post Solana and Dogecoin Crash Due To Trump’s Trade War But Remittix Delivers Over 200% Returns appeared on BitcoinEthereumNews.com.

A new wave of uncertainty has hit the market, as Solana and Dogecoin have experienced significant price crashes. Many investors point to the fallout from Trump’s trade war as a major factor affecting these tokens. Meanwhile, a lesser-known but highly promising project—Remittix—has delivered impressive returns, exceeding 200% for early holders. Remittix stands apart as a strong, utility-driven alternative with robust growth potential. Solana: The Impact of Geopolitical Tensions   Recent Solana News reports indicate that the ongoing trade war initiated by Trump’s policies has created an atmosphere of uncertainty in the global financial system. This trade war has affected investor confidence in a wide range of assets, including blockchain projects like Solana. Solana received praise for its rapid transactions combined with minimal fees but its price experienced a significant decline during recent weeks. The SOL token has experienced a 15% decrease in value since the last month according to present market statistics.   International trade disputes together with disrupted supply chains have caused investors to adopt risk-averse strategies in different markets. Solana News outlets have noted that these tensions have forced investors to reallocate their funds from more volatile projects to assets with perceived safety. The direct impact on Solana is evident in its trading volume and declining price. Recent Solana News highlights point to a slight decrease in new DeFi project launches on the network. This is against a promising run made by Solana earlier in the year. This suggests that external trade disputes are causing a slowdown in ecosystem growth. Dogecoin: Facing the Brunt of Trade War Pressures   Dogecoin, once known primarily for its playful image and celebrity endorsements, has also been hit hard by the trade war initiated under Trump’s policies. Dogecoin has previously gained strength from its large supporter base but its price has suffered…

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Filed under: News - @ February 8, 2025 9:13 pm