Pi Network and Sui dip amid Bitcoin price volatility, which has sent shocks through the market, and traders now hunt for stability. Pi Network and Sui are under pressure, but another name is quietly stealing the spotlight.
Cue Remittix, a rising PayFi project capturing attention with its wallet reveal, upcoming CEX listing announcement, and real-world use case appeal. It stands apart with incredible features and a growing investor interest.
Bitcoin Price Volatility: What Lies Ahead
Bitcoin recently dropped by about 2%, and now trades near $116,000 from a record above $124,000 late last week. The decline came as markets reassessed expectations for Federal Reserve rate cuts.
Analysts warn Bitcoin is expected to move sideways within a narrow 8% range until the end of August, but many investors still view dips as buying opportunities in this volatile environment.
Pi Network: Chart’s Weakness, but Eyes Still Hopeful
Pi Network is under pressure: the token fell nearly 6% over the past day and more than 10% across the week, posting a live price around $0.36. Locked supply events and unlocking schedules added pressure to price and sentiment.
On the charts, however, some technical analysts see a falling wedge and Wyckoff accumulation developing. It is now believed that if Pi Network breaks resistance, it could reach $0.90. However, if support fails, bearish trends may lead to further downside.
That said, caution remains, with some forecasts projecting a drop to around $0.27 by mid-September if bearish momentum continues.
Sui: Slips from Momentum, Bullish Signs Fade
Sui (SUI) isn’t immune. The token has dropped roughly 5% in the past 24 hours and now trades near $3.62, with declining open interest and weakening sentiment indicators signaling potential downside.
Over the week, SUI saw declines near 2.3% but experts have also said that SUI is making higher lows and breaking above the 21 EMA in the 15-minute timeframe. With this, Sui is expected to go to at least $3.87.
Remittix: The Utility-Headed Altcoin Rising
Amid Pi’s slippage and Sui’s waning strength, traders are rotating into Remittix (RTX), particularly drawn to its tangible use-case and execution milestones. Analysts increasingly include it in best crypto to buy now lists, citing its real-world use case, low gas fees, and PayFi architecture over hype-based altcoins.
Remittix is emerging from the crypto currents as a standout utility-first ecosystem. Built around PayFi, it delivers real-world solutions for crypto transfers and borderless payments, no hype, just infrastructure.
How Remittix Outperforms
- Security First: Audited by CertiK, a stamp of confidence
- Built for borderless payments with global reach
- Real-World Utility: A DeFi project built for transaction volume
- Momentum is building ahead of wallet launch
Additionally, Remittix has achieved a major milestone: the first CEX listing announcement, being BitMart, having reached the $20 million milestone. This portends heightened liquidity, global exposure, and a clearer path for mainstream traction.
Secure Your Spot in a Utility Breakthrough
As markets wobble and volatility reigns, Remittix stands out for its tangible milestones and utility-driven trajectory. The project isn’t about speculation; it aims to solve real problems with real products.
With the upcoming beta wallet, audited infrastructure, a $250,000 community giveaway, and a first CEX listing on the horizon, Remittix is gearing up for a breakthrough.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io
Socials: https://linktr.ee/remittixÂ
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article is not intended as financial advice. Educational purposes only.
