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Cryptocurrency News Articles

Remitix (RTX): The New DeFi Platform Poised to Dominate the Payment Industry After Stellar (XLM) and Ripple (XRP)?

Jan 16, 2025 at 05:02 pm

The crypto market has for long witnessed a significant development in the DeFi sector, with Stellar (XLM) and Ripple (XRP) having historically led the charge

Remitix (RTX): The New DeFi Platform Poised to Dominate the Payment Industry After Stellar (XLM) and Ripple (XRP)?

The crypto market has witnessed a significant development in the DeFi sector, with Stellar (XLM) and Ripple (XRP) having historically led the charge in the payments sphere. However, recently a new player known as Remitix (RTX) has emerged, capturing the attention of savvy investors. This innovative platform is not just another token; it's a beacon of hope for anyone seeking efficient and secure cross-border payment solutions.

Stellar climbs to $0.47; more gains expected soon

In early January, Stellar spiked, surging from $0.30 to nearly $0.50. Despite a slight pullback to $0.473, which is its price for today, it still presents strong potentials for further growth. If XLM keeps the crucial $0.32 support level, there is still plenty of bullish momentum in the works.

Moreover, from a technical viewpoint, there are promising areas for potential rally in Stellar (XLM). Key price levels to keep an eye on for possible upward movement include the ranges between $0.43-$0.45 and at $0.48. Interestingly, the DeFi coin price is within these levels, and it’s often said that these levels historically attract buying interest and could set the stage for significant gains ahead.

JP Morgan predicts XRP to surge by 30% XRP surge

According to his current analysis, renowned crypto expert, JP Morgan believes XRP will witness a 30% price hike by the end of January. This optimism stems from increasing interest in XRP ETFs, with Grayscale and VanEck making applications. Confidence has also surged following Donald Trump's reelection, as he aims to replace SEC leaders with those more favorable to cryptocurrency.

XRP, currently at $2.85, having risen by 22% on the weekly charts. It has broken out of a technical pattern, which suggests buyers are gaining momentum. Analysts are targeting a DeFi coin price of around $3.73, supported by large investors accumulating the token, as indicated by the recent increase in the wallets holding XRP tokens. Since November last year, wallets holding between 1 and 10 million XRP have added 1.43 billion tokens, marking a 37.4% increase in holdings.

Early bird gets the worm: Claim your RTX tokens in 5 days after launch

Looking for what crypto to buy, which is poised to improve the payment sphere possibly better than what XLM and XRP have done so far? Well, Remittix might be the answer. The new platform, with its unique take on payments, user led features, and a community focus, is set to not only contend with XLM and XRP, but possibly change the way we experience cross border transactions.

One of the most appealing aspects of Remittix is its commitment to accessibility. There are no buy or sell taxes associated with the RTX token, allowing users to trade freely without worrying about extra costs eating into their profits. This positions Remittix as a user-friendly alternative in a market often burdened by hidden fees and complexities.

The RTX token is at the heart of the Remittix ecosystem as it empowers the Remittix community to decide the future of the platform. The RTX token is built on the Ethereum blockchain and it has a total supply limited to 1.5 billion tokens.

As the Remittix community grows, its presale keeps gaining traction among investors as the presale has already raised over $3 million, translating to over 170 million tokens sold. Recently, the price of RTX surged from $0.0199 to its current price of $0.0207, thus delivering early investors approximately 4.02% gains.

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Other articles published on Jan 17, 2025