Ripple (XRP) and Remittix (RTX) continue to compete for investors’ attention. Across various cryptocurrency platforms, sentiment is divided.
While some investors prefer to invest in XRP, others continue to massively accumulate RTX after the announcement that its presale has raised over $26 million.
An analysis of both projects is inevitable; let’s discuss them and determine which one offers the better potential.
Ripple Price Direction, As The Ecosystem Payment Utility Declines
Recently, analysts have continued to forecast that Ripple price is set for the moon, as it is set to roll out its RLUSD stablecoin, a banking license is under review and a possible ETF approval. All these, when infused into the ecosystem, would cause the Ripple price to surge due to increased FX swaps, settlement rails and institutional flows. While this news seems bullish for XRP, the emergence of new payment utility projects and tokens, such as Remittix (RTX), continues to threaten Ripple price.
Ripple focuses on institutional-level transactions and can only be adopted by business owners or merchants who deal with or accept cryptocurrency. However, Remittix offers more; it allows crypto users to send cryptocurrencies, which are converted and deposited directly as fiat to recipients (business owners). Recipients do not need to have a wallet or prior knowledge of cryptocurrency.
Remittix is utilizing blockchain and DeFi to bridge a $19 trillion payment gap previously overlooked by Ripple. Business owners, retail investors, whales, and freelancers continue to adopt Remittix over Ripple, causing XRP price to drop.
Remittix Presale Raises Over $26.9 Million
Designed as a PayFi platform, it enables instant crypto-to-bank transfers in over 30 countries, supports more than 40 cryptocurrencies and offers real-time foreign exchange conversion. Remittix empowers crypto holders and businesses to facilitate crypto-to-fiat transactions worldwide, leveraging local payment networks and blockchain technology.
Remittix (RTX) features a deflationary tokenomics, with only 750 million RTX (approximately 50% of the total supply) available during the presale. RTX has raised $26.9 million in presale, with 673 million RTX tokens bought. RTX is currently trading at $0.1130, offering a rare early opportunity for investors to position for a 100x return.
Presale Highlights:
- The smart contract is fully CertiK audited and liquidity and team tokens are locked for a period of 3 years.
- Remittix’s usefulness extends beyond cryptocurrency; it’s ideal for freelancers, international business owners and those involved in remittances.
- Beta testing for the Remittix wallet is now live, with community users actively testing it.
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
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