XRP 2.0? This Fast-Rising Crypto Threatens Ripple’s Spot as Top Payment Token

XRP 2.0? This Fast-Rising Crypto Threatens Ripple’s Spot as Top Payment Token

XRP price surge lately is renewing the hope of a new all-time high since the 2018 high. However, a new PayFi token is closing in as a competitor to watch, as experts have started calling it the XRP 2.0.

This is because while the XRP price has reflected its growth factor in the past, this new token surge is showing strong potential to replace it. Analysts are now backing this fast-rising crypto, as its crypto-to-fiat payment solution is set to see it overtake XRP.

Here is a report of the analyst’s projection of the XRP price this year, and why the new PayFi coin offers a better opportunity.

Why The XRP Price Could Struggle Below $6 This Year

The reputation of the Ripple coin these last few months is enough to see it at $10, but it’s interesting to see it still stuck below the old ATH. According to fundamental reports, the Ripple Lab has continued scaling new highs with banking partnerships and rising adoption for the RippleNet. However, technical indicators have only shown the XRP price fluctuating between an upper bound of 3.6 and a $2.3 lower bound. Experts believe this could be due to the large market cap, which requires a large number of whales to accumulate to see a major boost.

However, the surge in interest for an XRP ETF is a new catalyst that traders are hoping could fuel a price explosion. Whereas, following the XRP price struggle in the last few months, an XRP ETF approval this year might not be enough to see it past $6 soon.

This is because of the high number of stop orders already waiting to be filled at the $3.8 high. As a result, the large inflow that is expected to follow the ETF approval might not be able to sustain the XRP price above $6 this year.

How Remittix Could Claim The XRP 2.0 Status This Year

Remittix’s innovative approach to remittance is opening new opportunities for retail traders and freelancers. This is as it helps them pay and receive fiat currency from crypto transactions directly into their bank account.

And the best part is that it maintains a clear transaction process that makes it look like a regular bank-to-bank payment. As a result of this new solution, Remittix is gradually becoming the talk of the payment industry as traders anticipate its official listing.

Remittix listing this year is already putting it on the radar as the next altcoin to 100x. This is why many traders and analysts believe it could be the next XRP, with high value utility and surge potential. Some of the features to watch out for in the Remittix project include:

A faster and cheaper crypto-to-fiat payment to bank accounts than a regular bank service

Cross-border payment solution with support for more than 30 top fiat currencies

Support for all individuals and businesses with a merchant API for business use

While Remittix is becoming the XRP 2.0, the price still remains below $0.1, creating an abundant opportunity to be part of this game-changing project.

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

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

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