Sui and Remittix To Skyrocket But Pi Network and Trump Official Set For Further Decline

Bitcoin’s latest resurgence above the $95K resistance mark has reignited the crypto market, bringing altcoins into the spotlight. While tokens like Sui and Remittix are about to enter their next bullish phase, Pi coin and the Official Trump are stalwarts in their bearish trends.

This crypto twist signals more than a passing trend, especially with institutional demand for SUI driving stability and innovative tokens like Remittix capturing attention and paving the way for profound growth. Let’s explore these market opportunities and how investors can position themselves.

Remittix’s PayFi solution prepares for a 1,000% surge as investors pile in

It’s not surprising that Remittix is getting all the accolades; this PayFi ingenuity is built around everyday PayFi utility. Its fundamental ethos is based on ending remittance issues haunting freelancers, families, and businesses troubled by huge fees and delays. Remittix’s Pay API connects blockchain wallets to standard bank accounts, which could attract large user bases if more companies use the service.

Imagine an international business in the United States eager to receive immediate payment from clients anywhere in the world. Remittix can settle cross-border transfers with lightning speed by converting crypto to any local currency and directly transferring it to a bank. This real-world approach distinguishes Remittix from hype-driven ventures in the crypto market.

Remittix is still in presale, selling for just $0.0757, the perfect entry price for a project that promises to revolutionize the $190 trillion payment market. In its ongoing presale, Remittix has raised over $14.75 million after selling 532 million RTX tokens. The FOMO is on, and Remittix is poised to become the ICO of the year.

SUI gains institutional interest amid massive unlock

The SUI price is regaining momentum following a partnership with asset manager 21Shares to expand the firm’s blockchain reach and collaborate on product developments. Alongside this collaboration, 21Shares submitted an S-1 registration filing with the SEC to launch an SUI ETF.

Source: TradingView

Beyond this institutional inflow, Crypto.news noticed a bullish flag and a golden cross, pointing to a strong breakout towards $6 as its funding rate turns positive and decentralized finance assets increase. Despite these bold predictions, investors are still cautious as eyes are turning towards SUI’s latest 304 million token unlock.

PI coin maintains a bearish stance as the expanding ecosystem ignites rebound hopes

Source: CoinMarketCap

PI, the native token of Pi Network, resumed its downtrend in May as it failed to hold the $0.6 support level. Most of the recent bearish pressure in the PI market came from dilution fears. PI network unlocked 21.4 million tokens in April alone, worth roughly $12.3 million at today’s prices.

Despite market sentiment plummeting, investors still hope for a turnaround as PI Network introduces the Pi Ad Network. This decentralized advertising platform enables advertisers to purchase ad space using Pi cryptocurrency and allows app developers to earn Pi by displaying these ads within their applications.

Official Trump enters deep bearish zones as Trump Media unveils new utility token

Source: CoinMarketCap

After announcing the private gala dinner with the president on 22 May for the top 220 holders, Donald Trump’s meme coin jumped by more than 50%. Despite the excitement amongst its holders, the Official Trump has regained its bearish stance, plummeting by more than 25% over the last 7 days.

This adverse price action coincides with Trump Media unveiling its plans to launch a utility token and crypto wallet to monetize Truth Social and expand its streaming services.

Conclusion

Sui has grand institutional ambitions, but expectations are subdued to a mere 2x rally. Official Trump and Pi networks are highly respected, but they are fading out with the rise of noteworthy market innovation. Remittix, on the other hand, is attracting investors’ interest for a 10,000% surge. At an attractive price of $0.0757, market participants can seize this opportunity and be part of the next millionaire market play.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix 

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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