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Cryptocurrency News Articles

Cardano (ADA) Market Cap Hits $40 Billion Level, But Remittix (RTX) Could Outperform ADA and BNB This Year

Jan 09, 2025 at 01:19 am

Cardano is an OG crypto project that fell off along the way. But things changed for the better last year, and Cardano's price mounted a

Cardano (ADA) Market Cap Hits $40 Billion Level, But Remittix (RTX) Could Outperform ADA and BNB This Year

Cardano (ADA) has had a rough start to the year, ranking 7th on CoinMarketCap with a market cap of around $40 billion. Despite aiming to facilitate positive change through its protocol, ADA has fallen short of expectations.

However, ADA's goal of overtaking top 3 coins remains in sight, thanks to its large token supply. But with BNB dropping down the ladder and XRP and SOL making their moves, will ADA be able to catch up?

BNB, the native token of Binance and the Binance Smart Chain, had a good run as the third largest coin on CoinMarketCap. But due to price stagnation, BNB has dropped down the pecking order.

Now sitting 6th, BNB still holds an enviable position, especially considering the recent bear market downturn. While there's still a chance for BNB to climb up the ladder, its price hasn't recorded any significant uptick after its massive rally last March.

Alternatively, a new crypto project called Remittix (RTX) is pulling in the crowds and garnering attention from both retail and veteran crypto investors.

Launched around a month ago, Remittix is already making waves in the crypto world, with its presale being highly contested by a horde of investors eager to get their hands on RTX tokens. But what exactly does Remittix do?

In a nutshell, Remittix empowers crypto holders and businesses to facilitate crypto-to-fiat transactions worldwide. It leverages local payment networks and blockchain technology to allow anyone to send fiat to any bank account across the globe, right from their cryptocurrency wallets.

Even more, the transfer is executed in an instant, and Remittix charges no FX fees. It has a user-friendly interface which anyone can get around easily. It also operates in a non-custodial manner, putting investors' minds at rest in terms of security.

These features put Remittix on a pedestal and position it as a disruptor in the global remittance industry, a market that's worth over $700 billion. Coming in with better services and possibilities, veteran crypto analysts know where the smart money is going - and it's headed to the top, with early RTX investors set to make a killing.

News source:nulltx.com

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