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Cryptocurrency News Articles

Has the Ethereum price finally turned a corner?

May 06, 2025 at 09:35 pm

The Ethereum price has been severely declining since December, but it seems it has bottomed out and turned the corner. However, there’s more than Ethereum out there.

Has the Ethereum price finally turned a corner?

After a devastating 65% decline in the Ethereum price from December to April, it seems that the #2 placed token has finally bottomed out and begun to recover. The Ethereum price is now up 20% from the April low, and while it is still trading 53% below the December high, this recovery after such a vicious bear market puts the token in the spotlight.

For those who missed out on the incredible gains available during the 2023 bull market, there are still some great investment opportunities available. Elon Musk is returning to the business world after a brief stint helping the government, and his meme coin is sure to be high on the agenda. Meanwhile, Kaspa is making waves with a 43% boost in 30 days.

However, the newcomer that is really turning heads and has even reached the echelons of YouTube is Remittix, which is stepping up to the plate with a cross-border payment method that is so simple to use, one has to wonder why nobody has done it before.

Continue reading to learn more about these interesting altcoins and why they could be worth adding to your portfolio.

Top 4 altcoins to watch now

Between the time the new year began and the first week of April, the Ethereum price dropped a heart-stopping 65%. ETH investors abandoned ship as the #2 placed token took an absolute pounding. But in the time since, it has clawed back some ground. The Ethereum price is up 20% from its April low. It’s still miles away from the December high, but is this a sign that the Ethereum price has turned around?

Maybe, but even so, there are better investments right now.

Elon Musk was Dogecoin’s foremost advocate, even going as far as naming his government department after it. But Elon was too busy sorting out government inefficiency and had no time for anything else.

Now, Musk’s tenure as President Trump’s right-hand man has ended, and Musk will return to his normal life – if anything about Musk can be said to be normal. Dogecoin will surely be high on the agenda, especially with x.com’s Grok becoming more prevalent, and micropayments are back on the menu. But the reality is: meme coins do not have the same gravitas as they used to have, and even with Musk’s endorsement of the token, Dogecoin will struggle to return to its ATH.

Whatever Kaspa is doing, the rest of the market is not following suit. Kaspa is up 43% in the last month, and is now firmly in the top 40 tokens. Kaspa is still trading at 55% below the ATH it achieved in August 2024, but a 43% uptick means Kaspa has rolled up its sleeves and is ready to do business.

Will Kaspa do another 43%? Time will tell, but the market has turned direction, and with Kaspa’s momentum now, it would not be a bad token to add to a portfolio.

Remittix is stepping up to the plate with a cross-border payment that is so simple to use, one has to wonder why nobody has done it before. The RMX utility token is the driving force behind the Remittix PayFi system.

The essence of Remittix is that it enables users to use cryptocurrency to make direct-to-bank payments using almost any fiat currency across the globe. Transactions are much faster and cheaper than through traditional bank accounts and have none of the paperwork to struggle through.

Remitrix has done what XRP has been trying to do for years and is giving commerce and industry a chance to expand their global footprint without being hamstrung by a slow and inefficient banking system.

Disclaimer:info@kdj.com

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Other articles published on May 07, 2025