Solana Rapidly Falls As Trump Meme Price Drops Over 50% In A Matter Of Hours. What Does This Mean For Remittix?

Solana’s rapid decline, triggered by the $TRUMP meme coin dropping over 50% in just hours, has sent shockwaves throughout the crypto community. This volatility has raised questions about its potential impact on Solana’s price going into February. Meanwhile, Remittix, a leading PayFi solution, is gaining huge momentum in its ongoing presale phase. In minimal time, the project has raised $5.3 million as it prepares to change global payments and the crypto-to-fiat industry. 

Remittix Simplifies Cross-Border Payments With Seamless Crypto-To-Fiat Conversions

Remittix looks to improve international transfers by fixing problems found in traditional banking systems, including slow processing times and high costs. With its PayFi solution, Remittix will streamline global money transfers to work around issues like delayed processing and expensive fees that affect traditional banking systems.

Remittix facilitates quick crypto-to-fiat transactions between over 40 supported cryptocurrencies and bank accounts worldwide. Using its platform, individuals can send a cryptocurrency payment which will then automatically be transferred to fiat without the recipient ever knowing. This is great for businesses and individuals who want to accept crypto payments but prefer to use fiat for everyday payments.  

Remittix offers fast and affordable transactions to personal users and businesses. For a flat 1% fee, the platform eliminates the high foreign exchange rates typically associated with traditional payment systems. Transactions through Remittix often settle in minutes or hours, offering unparalleled convenience compared to the days-long processing times of traditional cross-border transfers.

The Remittix presale is gaining significant traction, with over $5.3 million raised. Early backers can invest in Remittix now for $0.0282, with prices expected to increase before the end of the month. Analysts forecast a potential 800% growth during the presale before jumping up to 5,000% by the token’s official launch.

Solana Drops Sharply From $295 to $230 Amid Market Correction

The recent crypto market pullback saw Solana fall from its all-time high of $295.83 to settle at around $230. This correction was heavily influenced $TRUMP meme coin launch on its blockchain. The success of the $TRUMP initially drove up Solana’s price, though after seeing a massive 50% decline Solana soon crashed. Currently trading at $245.61 Solana’s price has increased by 2% over the last 24 hours with investors buying the SOL dip. 

Market Correction Wipes $2.5 Billion From $Trump Coin’s Value

On January 18th 2025, the $TRUMP coin made its first appearance just ahead of President Trump taking office. Within hours, $TRUMP captured significant attention and reached a $10 billion market cap by January 20. Hosted on the Solana blockchain, the $TRUMP meme coin sparked immense excitement and trading activity.

However, the token’s rapid ascent was marked by notable volatility. The TRUMP coin reached $74.59 at its highest point before falling 50% to stabilize at $40. The sharp market sell-off removed $2.5 billion from its valuation and lowered its market cap to $7.4 billion.

Looking ahead, analysts remain optimistic about $TRUMP’s potential. With strong political connections and the likelihood of favorable regulatory environments, some believe the coin could deliver 2x to 3x returns in the coming months. 

Remittix Presale Raises Over $5.3 Million and Counting

As projects like Solana and $TRUMP see declines, many investors are choosing to diversify with Remittix. With tokens available for less than a dollar, this highly lucrative project has huge potential and analysts expect it to become one of the best performing presales of 2025. 

Join the Remittix (RTX) presale and community: 

Join Remittix (RTX) Presale

Join the Remittix (RTX) Community