Bitcoin and Ethereum may dominate the headlines, but crypto insiders are setting their sights on a lesser-known asset quietly outperforming expectations – Remittix (RTX).
As the two largest cryptocurrencies navigate macro pressures and mixed technical setups, RTX is drawing attention with a strong use case, consistent funding and a wallet launch that could redefine real-world crypto adoption.
Bitcoin Faces Tariff Tensions and Liquidity Shifts
Despite optimism from the Stockholm trade talks between the U.S. and China, Bitcoin has struggled to reclaim momentum. A proposed tariff pause beyond the August 12 deadline offers temporary relief, but analysts remain split. After peaking at $119,784, Bitcoin’s price slipped back to $118,000, extending its 11-day trading range.
Some argue that Bitcoin could break higher if macro headlines turn favorable, while others warn that tariff-related uncertainty and an aggressive Fed stance on inflation could stall further gains. Record U.S. liquidity with the M2 money supply rising to $22.02 trillion has not translated into sustained upside for Bitcoin, highlighting investor hesitation.
Ethereum Sees Institutional Accumulation but Faces Volatility Risk
On-chain data shows a surge in Ethereum whale activity. Since July 9, nine wallets have acquired over 640,000 ETH, valued above $2.43 billion. OTC transfers from Galaxy Digital suggest that large investors are actively accumulating while avoiding public exchange order books.
These coordinated purchases point to growing institutional confidence in Ethereum, especially amid broader market indecision. Yet, this also raises the risk of sharp corrections if whales exit positions. Retail traders remain cautious despite Ethereum’s central role in DeFi, smart contracts and tokenized assets.
Why Remittix (RTX) Is Gaining Ground in August
While Bitcoin and Ethereum wrestle with external headwinds, Remittix (RTX) is soaring on fundamentals and execution. The Ethereum-based token has now raised over $17.8 million, selling more than 575 million tokens at $0.0876 each. Its upcoming wallet beta launch on September 15 is drawing serious attention from both freelancers and global crypto users.
Why Top Analysts Are Bullish on Remittix:
- Over $17.8M raised, surging toward its $18M soft cap
- Beta wallet launching September 15, with full wallet features
- 575M+ tokens sold, still under $0.09
- Targeting real-world use for cross-border freelancers and earners
- Active $250,000 giveaway live for community participants
Remittix’s mission to power seamless cross-border payments has made it one of the most talked-about projects this quarter. Investors frustrated by sideways Bitcoin price action or Ethereum volatility are diversifying into RTX for its clarity of purpose and upcoming utility.
Conclusion: The Smart Money May Already Be in RTX
August may not belong to Bitcoin or Ethereum, despite their dominance. Their movements remain dictated by global headlines, Fed policy and whale games. In contrast, Remittix offers a low-entry opportunity with real growth prospects. As crypto analysts reassess their portfolios, RTX continues to rise quietly and that is exactly what early investors are counting on.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Krasimir Rusev
Reporter at Coindoo
Source: https://coindoo.com/top-crypto-analysts-reveal-their-1-pick-for-august-and-its-not-bitcoin-or-ethereum/