XRP News: Is Ripple Losing Market Share To Remittix? 

For years, Ripple and its native token, XRP, have been leaders in cross-border transactions, working with banks and financial institutions to make payments faster and cheaper. But now, Remittix (RTX) is gaining serious attention with its bold vision and rapid growth. Some analysts are even wondering if Ripple could be losing market share to this fast-rising project.

Ripple Battles $3 Resistance as ETF Launch Boosts Sentiment

XRP is currently trading around $3.03. In a recent interview with Paul Barron, Claver highlighted multiple catalysts, including the upcoming launch of the REX-Osprey XRPR ETF, the first-ever spot exchange-traded fund for XRP. Well-known trader Papa shared a bullish chart indicating XRP could surge to $8.50 by November, while popular crypto analyst WhaleGuru made an even more explosive prediction of $300.

source: @mamagucci on X

Despite the bullish XRP news and optimistic predictions, Ripple’s token has struggled to make a decisive breakout. Recent on-chain data reveals a sharp decline in Coinbase’s XRP cold wallet holdings, plunging from 970 million XRP three months ago to just 98 million XRP today.

However, despite this dramatic drop, XRP’s price has managed to stay above the crucial $3 level, indicating that strong buying demand is stepping in. This tug-of-war reflects growing uncertainty as Remittix continues to rise, challenging Ripple’s dominance in the cross-border payments space.

Why Remittix Is Gaining Attention Fast

Remittix has quickly become the best crypto to buy now. The project has achieved remarkable milestones in a short period of time. It recently crossed $25.9 million raised, with over 664 million tokens sold at $0.1080 each. 

Remittix has also officially confirmed BitMart and LBank as its first CEX partners. The team has also already launched its beta wallet, which allows users to store, send, and receive RTX securely.

On top of that, Remittix recently passed a comprehensive security audit by CertiK, one of the most trusted names in blockchain security. Investors can also earn 15% of every referral purchase, paid instantly in USDT and claimable every 24 hours.

Here’s why Remittix is the top crypto under $1:

  • Over $25.9 million raised, showing strong global investor confidence.
  • First exchange listings confirmed with BitMart and LBank, creating massive excitement for the public launch.
  • Beta wallet already live, giving users a functional tool to manage their RTXX tokens.
  • CertiK security audit passed and ranked #1 among pre-launch tokens.
  • Built to transform global remittances, tapping into a trillion-dollar cross-border payments market.

Could Ripple Be Losing Market Share to Remittix?

The latest XRP news shows that Ripple still has strong backing and bullish predictions. However, Remittix is quickly proving that it’s the next 100x altcoin. For investors looking to diversify, Remittix could deliver much higher upside potential, especially for those who get in early enough.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Source: https://www.cryptopolitan.com/xrp-news-is-ripple-losing-market-share-to-remittix/