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Cryptocurrency News Articles

Remittix (RTX) Is Quietly Gaining Momentum as Dogecoin (DOGE) Rallies Past $0.24

May 14, 2025 at 05:00 pm

Dogecoin kicked off May with an unexpected surge, jumping over 42% in just a few days and climbing past $0.24.

Remittix (RTX) Is Quietly Gaining Momentum as Dogecoin (DOGE) Rallies Past $0.24

May saw the unexpected return of Dogecoin (DOGE) as the meme coin clocked triple-digit gains and approached the $0.25 resistance. Rising from $0.17 on April 27, Dogecoin surged over 42% in just a few days. By May 10, it crossed the $0.24 mark.

Later, on May 14, DOGE touched an intraday high of $0.251, showcasing a 32.83% increase over the last seven days. As the coin now trades around $0.23, analysts are watching closely.

Trader Tardigrade, a crypto analyst, noted a familiar pattern in Dogecoin’s monthly RSI. The double-bottom formation, previously seen before DOGE’s explosive rallies in 2017 and 2021, is now returning in 2025. This could set the stage for another breakout.

However, despite this technical setup, there’s minimal buzz around Dogecoin in retail and institutional circles. After Elon Musk’s last post about the meme coin in April, the SpaceX CEO went unusually silent on DOGE.

Though Dogecoin has a strong community, its brand alone isn’t enough to reignite a full-blown rally in this market cycle.

In contrast, newer projects are gaining serious attention. One such project is Remittix, a blockchain startup focused on revolutionizing crypto-to-fiat transfers.

After raising over $14.9 million in its presale, Remittix is making waves with its Pay API, allowing businesses to accept crypto payments and receive fiat directly in their bank accounts—quickly, securely, and without heavy conversion fees.

Users can convert over 100 cryptocurrencies into local fiat and send funds to recipients globally, bypassing outdated banking intermediaries.

Recipients receive funds in their local currency without even knowing the transaction originated in crypto, and Remittix does this with 1% or less fees—far cheaper than the 5–10% many platforms charge.

For businesses, Remittix unlocks global transactions through a streamlined merchant account. These accounts provide access to over 50 crypto pairs and 30 fiat currencies, offering complete flexibility. They only need an internet connection to save on costly conversions and clearing delays.

Every feature is powered by the native RTX token, making it the engine that drives a more inclusive payment solution. RTX is also crucial for unlocking new avenues of financial accessibility.

Traditional money transfer services like Western Union and MoneyGram have struggled to adapt to the rapidly changing technological landscape, especially when it comes to cross-border payments.

They lack the technical infrastructure to support fast, low-cost crypto-to-fiat transfers, leaving a gap in the market that has inconvenienced businesses and limited the potential of blockchain technology.

However, this is precisely the gap that Remittix was built to fill. With its advanced Pay API, Remittix empowers businesses to accept crypto payments and receive fiat rapidly and efficiently in their bank accounts.

This integration is seamless, allowing businesses to accept cryptocurrencies like Bitcoin, Ethereum, and Dogecoin through a simple integration process.

The funds are then converted to the local fiat currency and credited to the business bank account in that same currency, eliminating the need for complicated and costly manual conversions.

Moreover, Remittix handles all necessary Know Your Customer (KYC) and anti-money laundering (AML) procedures, ensuring businesses can quickly begin accepting crypto payments without any administrative burden.

This capability is particularly valuable in emerging markets, where varying regulations can pose a significant challenge for businesses looking to expand their operations globally.

Remittix handles these complexities, allowing businesses to focus on what matters most—growing their business and reaching new customers.

Investors are quickly recognizing the potential of Remittix to disrupt the global payments industry. Despite only launching earlier this year, Remittix has already raised an impressive $14.9 million from its presale.

This milestone underscores the strong interest from investors who are keen to be part of Remittix’s journey as it revolutionizes how we move value across borders.

With RTX, the native token for the Remittix ecosystem, still available at $0.0757 during its presale, there’s ample opportunity for investors to join in as RTX prepares for its upcoming listing on Tier 1 exchanges.

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Other articles published on May 15, 2025