Remittix (RTX) 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.

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.

However, a new PayFi altcoin, Remittix (RTX), which is currently in presale, has also been picked by top analysts as one of the undervalued cryptos to add to a portfolio before the market enters the next leg up. Let’s take a closer look.

Remittix: An undervalued altcoin tipped for big yields

Remittix is a revolutionary crypto-to-fiat payment protocol that is set to disrupt the highly valuable cross-border settlements and remittances sector with its innovative PayFi solution. This Ethereum-based dApp aims to facilitate faster, cheaper, and more seamless cross-border payments by connecting cryptocurrencies to local banking applications across the globe.

It merges the speed of cryptocurrency with the convenience of everyday payment systems to eliminate the delays, high costs, and long processing times that encumber 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 appears to be highly undervalued, considering its unique value proposition and growth potential in the $750 billion cross-border settlements industry. As Remittix disrupts this market, it will rapidly propel RTX to a multibillion-dollar crypto asset, generating gargantuan returns for early investors.

Cardano down 48% from recent highs

Many investors missed out on the 4x Cardano (ADA) trade when the token price soared from lows of $0.4 to reach a new high above $1.3 in Q4 last year.

But if you missed that opportunity to buy low and sell high on ADA, don’t despair, as the crypto is once again undervalued due to a prolonged five-month correction.

The persistent market slump has pushed Cardano back to the $0.6 zone. At current levels, the asset price is nearly 50% down from its recent highs, presenting another excellent opportunity to buy low on this crypto.

With CoinCodex’s Cardano price prediction indicating that ADA could return to the $1.3 zone by the end of this year, investing in ADA during this dip might be a wise decision.

Is Dogecoin a buy?

Dogecoin (DOGE) recently hit a new high of $0.48 in December of last year, pushing the DOGE market cap above $50 billion. However, a five-month correction has brought DOGE back down to $0.13 in its recent crash.

DOGE has been consolidating in the $0.13-$0.18 range for the past two months, and analysts believe it could be setting up for a strong move back up from these levels.

Currently, DOGE is more than 60% down from its recent highs, making it a significantly undervalued meme coin that is perfect for scooping up at the dip.

An 88% bullish community sentiment, combined with a CoinCodex-predicted 70% rally for DOGE to above $0.3, suggests that this could be an incredible investment opportunity to buy lower and sell higher on one of the best-known meme coins.

Buy DOGE, ADA, or RTX?

Both DOGE and ADA are stellar additions to any crypto portfolio, but in terms of undervalued cryptos with outstanding presale potential, few can compete with Remittix.

Investors have already snapped up over 529 million RTX tokens as the ICO nears $15 million. The RTX token price has already surged over 400%, and analysts believe it could generate massive yields once it hits the open market.