Crypto

Cardano, Dogecoin, and Remittix feature as analysts pick most undervalued cryptos


Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Cardano drops 48%, DOGE down 60% as analysts spotlight Remittix as a leading PayFi presale gem ahead of the next bull run.

At the time of writing, Cardano is down over 48% from its recent highs, with DOGE crumbling by over 60% from its last year’s high of $0.48.

Remittix (RTX), a new PayFi altcoin in presale, has also been picked by top analysts as one of the undervalued cryptos to pile into before the market enters the next leg up. Let’s find out why.

Remittix: An undervalued altcoin tipped for big yields

Remittix is a game-changing crypto-to-fiat payment protocol set to disrupt the highly valuable cross-border settlements and remittances sector with an innovative PayFi solution. This Ethereum-based dApp aims to make cross-border settlements faster, cheaper, and seamless by connecting cryptocurrencies to local banking apps across the world.

Cardano, Dogecoin, and Remittix feature as analysts pick most undervalued cryptos - 1

By merging the speed of crypto with the convenience of everyday payment systems, Remittix eliminates the delays, high costs, and long processing times that stifle traditional cross-border banking procedures.

For a flat fee, users will be able to send payments in 50+ crypto pairs and over 30 fiat currencies just by connecting their wallet to the Remittix dApp.  Long story short, Remittix provides a favorable solution for retail crypto holders and small businesses to transact seamlessly across borders.

At the current price of $0.0757, RTX looks highly undervalued, given its unique value proposition and growth potential in the $750 billion cross-border settlements economy. Disrupting this market will catapult RTX to a multibillion-dollar crypto asset, returning gigantic yields to early adopters.

Cardano down 48% from recent highs

Many investors missed the 4x Cardano (ADA) trade when the ADA price rocketed from lows of $0.4, rising to hit a new high above $1.3 in Q4 last year. Missed that jump? Don’t panic, because ADA looks undervalued again thanks to a protracted five-month correction.

Cardano, Dogecoin, and Remittix feature as analysts pick most undervalued cryptos - 2

The prolonged market slump pushed Cardano back to the $0.6 zone. At current rates, the asset price is nearly 50% down from its recent highs, presenting another buy-low opportunity.

With CoinCodex’s Cardano price prediction showing that ADA could return to the $1.3 zone this year, piling into ADA at the dip might be a smart decision.

Is Dogecoin a buy?

It was just in December last year when Dogecoin (DOGE) reached a new high in the $0.48 region, pushing the DOGE market cap past $50 billion. However, a five-month correction pushed DOGE down to earth, tossing it to the $0.13 zone in its recent crash.

Cardano, Dogecoin, and Remittix feature as analysts pick most undervalued cryptos - 3

DOGE has now been consolidating in the $0.13-$0.18 zone for nearly two months, and analysts believe it might rotate back up from here. DOGE is now down over 60% from its recent highs, making it an undervalued meme coin veteran to scoop at the dip. 

An 88% bullish community sentiment backed by a CoinCodex-predicted 70% DOGE rally to above $0.3 means you might be staring at an incredible investment opportunity.

Buy DOGE, ADA, or RTX?

DOGE and ADA pass for solid portfolio anchors, but when it comes to undervalued cryptos, nothing beats the prospects of a new low-cap presale gem like Remitix. Investors have already scooped up over 529 million RTX tokens as the ICO nears $15 million.

The RTX token price is already up over 400%, and analysts believe it might deliver mammoth yields once it hits the free market. Step in and grab RTX share while the price is still low!

To learn more about Remittix, visit the Remittix presale and join the online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *