The post AVAX and Solana Gear Up For A Huge Rebound, But Could This Viral Altcoin Be The One Leading The Charge? appeared first on Coinpedia Fintech News
The crypto market reacted aggressively to Trump’s new tariffs on China, Mexico, and Canada. Although the Mexico and Canada tariffs were placed on hold, investors still feel the announcement could cause a lot of damage in the long run. The action that followed was a huge sell-off in the crypto market, with some altcoins dropping as low as 50% of their price since then.
Solana’s price has dropped about -34% from its high this year, from $294 to $192; similarly, Avax has fallen by about -26% in the last 7 days. But as the market cools down from the panic, the Avax and Solana prices are spotting a rebound. However, in the midst of all the chaos, there is a new presale token showing it could lead the market with a high ROI. Let’s talk about Remittix, the new presale token investors believe could be the best crypto to invest in this year.
Why Solana Could See a Big Rebound in The Next Few Days
Solana has gradually become one of the favorite tokens for all crypto investors, first with its infrastructure and the other with the impressive growth rate in the last few weeks. However, with the inauguration of the Trump administration came a new implementation that the market is still adjusting to.
With the crypto market adjustment came a sharp drop in the Solana price. However, while the Solana price has seen a sharp drop, it continues to trade above 50 SMA on the weekly chart. This reflects investors’ confidence in the long term, which could see the Solana coin rebound from the drop soon.
Could Avax Drop be Nearing its End?
The Avax coin is showing high optimism in its monthly and weekly charts. The price setup reflects that it is nearing a strong support range, which could signal the market’s readiness to return to a bullish track. The Avax coin has been one of the top altcoins to watch out for in the last few months as the team continues to cover ground across the world. With the growing popularity of the Avax coin and the Avax team, we could see the coin do amazing numbers before the end of the year.
Here is Why Remittix Presale Token Should be on Top of Your Best Crypto to Invest In This February
The Remittix token has continued to make its mark in the crypto landscape for the last few weeks, showing investors are on for a high ROI. This is due to its growing price change, which sets new profits for investors daily. Early investors are already on about 5x while the presale continues.
Remittix is a new crypto exchange that has been created for all crypto users to ease their crypto-to-FIAT transactions. With the new Remittix platform, you can convert up to 40 crypto assets to FIAT currencies, which can be sent to any bank globally. Think of how cool it will be to send Euros to a friend’s bank account in Germany using your Dogecoin. But, another thing that improved the Remittix payment solution is how it makes all this possible faster and cheaper than traditional banks.
The Remittix exchange might be the next solution everyone will use in the next few months. Analysts believe this Remittix presale token might be the best crypto to invest in today. Don’t miss the Remittix presale, as it could be the opportunity you need for a big breakout this year.
Check the links below to get started with the Remittix token.
Website: https://remittix.io/Â
Socials: https://linktr.ee/remittix
