Despite a brief price depreciation in the early hours of today, crypto analysts have claimed that Cardano, a top ten cryptocurrency by market cap, could breach the psychological $1.50 mark in September.
Their reasoning is simple. Cardano has historically performed impressively during previous bull markets, and there is no reason why that trend should change this time around.
If they are right, Cardano could quickly become one of the top performers in the crypto market and guarantee its investors maximum returns. But it may not be the best investment in this cycle. Analysts have become increasingly convinced that RTX, the native token of the upcoming PayFi project Remittix, could surge as high as $5 when it launches later in the year.
Analysts Back Cardano Despite Recent Price Slump
Top altcoins in the crypto market, especially the ones that are in the top ten cryptocurrencies by market cap, are renowned for rapid turnarounds despite extended periods of price depreciation. Analysts seem to believe this phenomenon will power a Cardano price appreciation, despite the token’s poor performance in the market this week.
Historically, Cardano has always performed well during the bull market, and there is no reason why this trend should change. The feeling among crypto analysts and investors alike is that the token could quickly rally past the psychological $1.50 mark by the time the new month rolls around.
Still, there is no guarantee that an accelerated Cardano price will make the token the best-performing token on the market. Analysts believe this tag will go to RTX, the native cryptocurrency of an upcoming PayFi project called Remittix.
Analysts Eye $5 Top For Remittix Token Generation Event
It is no longer news that RTX, the native cryptocurrency of Remittix, will launch soon. Top centralized exchanges such as BitMart have already announced that they will list the token when it launches, as anticipation for one of the most hyped presales this year continues to grow.
Analysts, too, seem to have caught the Remittix bug. The general sentiment within crypto analyst circles seems to be that RTX could surge as high as $5 when it eventually launches. If they are right, it would make the token one of the best performers in the crypto industry.
Remittix has caught the eye in the crypto industry thanks to its perceived potential to transform the global payments experience with features and services, such as:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 20% referral rewards for onboarding new users
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
Source: https://www.cryptopolitan.com/cardano-ada-price-targeting-1-50-in-september-but-this-0-10-altcoin-is-eyeing-5-in-2025/