Which Crypto Will Hit $1 First: Dogecoin Or Remittix? Why Is This New Altcoin Coin Viral Among Crypto Investors
The post Which Crypto Will Hit $1 First: Dogecoin Or Remittix? Why Is This New Altcoin Coin Viral Among Crypto Investors appeared on BitcoinEthereumNews.com.
Investors are constantly asking which among the top altcoins has the potential to reach the coveted $1 mark next. While Dogecoin (DOGE) has long been a favorite for its recent spike triggered by the presidential inauguration, a new contender, Remittix (RTX), is capturing the attention of crypto enthusiasts for its game-changing approach to global payments. Unlike Dogecoin, which thrives on hype, Remittix, though a presale crypto, is earning its place through innovation, security, and real-world application. Now let’s find out if these will keep it among serious competitors in the race to $1. Dogecoin: 10,000% Rise Predicted, But Can It Deliver? When Donald Trump took presidential office on January 20, 2024 as the 47th president it got numerous investors so optimistic about cryptocurrency. Meanwhile, Elon Musk became the leader of the new Department of Government Efficiency (D.O.G.E.) which gained tech and crypto enthusiast interest. Afterwards, D.O.G.E. launched its website with the Dogecoin logo, which got many investors interested and led to a spike in Dogecoin’s price to $0.38. However, this spike was short-lived, as Dogecoin’s price has already fallen to a current price of $0.3226, which marks about a 10% decline on the weekly charts, according to CoinMarketCap. Yet, Dogecoin has recently shown signs of recovery, with many investors remaining optimistic it’ll rally more than many top altcoins. Crypto analyst Ali Martinez predicted that Dogecoin’s price could rise by 10,000%, potentially reaching $14.78 by May 2025, based on historical trends. However, its inflationary nature, adding 5 billion coins annually, poses challenges. To reach a price of $3.85, demand must surge to counterbalance the increasing supply, leading to a potentially unattainable market cap of $560 billion. This Altcoin Could Explode: Why Investors Are Betting on Remittix While Dogecoin continues to ride waves of speculative interest, Remittix offers a tangible value proposition…
Filed under: News - @ January 29, 2025 2:20 pm