While neither Solana nor HBAR looks like it could hit its early price high this year, Remittix is fueling a new bullish forecast of up to a 30x breakout. The report of the CertiK Audit and Remittix’s coming Beta wallet launch in Q3 of this year has been a major element that has renewed a bullish sentiment for the token.
Investors buying the token right now are citing the innovative solution of the project as a catalyst that could see it break out as a top DeFi project.
Let’s get into the details of the Solana price prediction and HBAR price slowing down, to understand why Remittix could be the next altcoin to 100x.
Market Sentiment and Technical Factors Show Solana Could be Losing Ground
The Solana price saw a strong surge in the year, setting a record price of $294. However, while the Solana price looks like it will only move upward earlier in the year, it has continued downward since the beginning of Q2.
While several factors, such as the Solana ETF sentiments and pump.fun growth tried to save it, the price still trades 38% below the 294 high.
However, the mid-July surge saw Solana price break out above the $200 psychological support, but the price has since slipped back down. Analysts believe Solana’s price rejection of the $200 support could indicate weakening influences and a drop in bullish sentiment.
Can HBAR Price Close The Six Months Gap In August?
Like Solana’s performance this year, the HBAR price is down 28% from the January high and 50% from its ATH. However, July has been a productive month for the price, recording 97% growth from last month.
But, with the HBAR still shying away from the $0.3116, can we see a breakout in August? The HBAR price prediction speculates a potential to return to the January high if it breaks above $0.31 resistance, but recent testing does not show confidence.
Also, the 23% drop in Hedera DeFi total value locked shows it might not make much of an impression on developers.
Why Is Remittix Momentum Rising Higher This Month?
One word answers this better: Innovation. While Solana and HBAR prices face an uncertain future with slowing dominance, Remittix is breaking out aggressively with whale accumulation.
The Remittix solution focuses on simplifying cross-border payments by connecting crypto to local bank systems. Now, crypto users can send fiat directly into a bank account across the world using their crypto asset.
The Remittix solution is breaking ground, and investors are showing significant interest with a record rise in demand. But, while the recent CertiK audit and wallet reveal is already fueling investors’ confidence, analysts believe there is more that is keeping the momentum rising. Some of these other catalysts include:
- An investment bonus of up to 50% for the early investors
- Reward programs such as the $250,000 $RTX giveaway, where 10 people will win $25,000 each.
- Low Cap opportunity to earn more on breakout
Other investors are buying Remittix now at $0.08, don’t miss the price.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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