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Cryptocurrency News Articles
Remittix (RTX) Continues to Show Huge Potential, Targeting 5000% Rally Post-Launch
Jan 16, 2025 at 01:54 pm
Hidden fees, slow processing, and limited access in regions with poor banking infrastructure make cross-border payments inefficient.
Tron, Toncoin, and Remittix are three cryptocurrencies that have been making waves in the market this January.
Tron’s price has been closely watched by investors, especially after it dropped from $0.255 to below $0.23 last week. However, bullish remarks from Evan Luthra have kept the crypto community optimistic. According to his X analysis, Tron’s inverse head-and-shoulders pattern is almost complete.
Based on this technical formation, Evan predicts a potential price surge to $0.277 in Q1. This bullish scenario is further supported by TradingView data, which shows the cryptocurrency trading above its 100-day EMA at $0.22 and a momentum indicator of −0.0077, indicating a buying opportunity.
Meanwhile, Toncoin’s price experienced a slight decline of about 5% after the start of 2025, and its market cap also decreased by over $900 million during that period, according to market statistics.
Despite this setback, Toncoin demonstrated strong bullish potential after achieving over 150% growth in 2024. The altcoin has maintained support above $5.10, signaling resilience. A recent price prediction by VipRoseTr on X suggests that Toncoin could soon reach $10, instilling optimism among investors.
TradingView data, however, indicates weaker market indicators, but increasing volume could ignite a bullish momentum for Toncoin. This scenario presents the current price as a prime buying opportunity before a potential rally.
Among these cryptocurrencies, a top analyst has highlighted Remittix (RTX), a rising PayFi altcoin, as a higher potential investment.
Highlighting the problems with cross-border payments, such as hidden fees, slow processing, and limited access in regions with poor banking infrastructure, the analyst emphasizes how Remittix solves these issues by merging cryptocurrency and fiat systems.
The platform’s decentralized platform enables fast, transparent, and cost-effective transactions. Unlike services like Wise or Stripe, Remittix eliminates hidden fees and processes payments within minutes.
This innovation benefits businesses, remote teams, and individuals seeking efficient payment solutions. For global payroll, Remittix provides unmatched flexibility.
Employers can pay workers in cryptocurrency, and the funds are automatically converted to fiat and deposited into local accounts. This reduces currency conversion fees, speeds up payments, and cuts costs for international payroll.
Remittix also promotes financial inclusion. The platform addresses accessibility issues by allowing crypto-to-fiat payments directly into local accounts, empowering underserved communities to join the global economy.
The $RTX token powers staking and governance within the ecosystem. Premium members can earn up to 18% APY, adding value for investors.
With $2.46 million raised during its presale and a forecasted 5,000% rally post-launch, Remittix is capturing strong investor interest and only looks to snowball from here.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Tether Sues Swan Bitcoin, Alleging Contract Violations Involving Their Bitcoin Mining Company
- Jan 16, 2025 at 05:10 pm
- Swan Bitcoin is being sued by Tether, a well-known stablecoin issuer, in the High Court of England and Wales. Alleged contract violations involving their joint Bitcoin mining company, 2040 Energy, are the basis for the case.
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- Whale Activity Driving XRP's Outperformance, On-Chain Data Shows
- Jan 16, 2025 at 05:05 pm
- Recently, XRP experienced a remarkable rally, briefly crossing the $2.89 mark before retreating to its current levels. Despite this pullback, the cryptocurrency remains up by more than 17% over the past week, making it the top-performing asset among the top 30 cryptocurrencies by market capitalization.