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Cryptocurrency News Articles
Remittix (RTX) Is the Dark Horse Crypto to Buy Right Now
Feb 28, 2025 at 01:30 pm
The crypto market is in a fix right now, but investors are still out for the best crypto to buy. One new altcoin is drawing attention with experts tipping it as the dark horse this year
Investors are still looking for the best crypto to buy despite the crypto market being in a bit of a fix right now.
One new altcoin is quickly gaining attention as experts are tipping it to be this year’s dark horse, even as XRP and Ethereum have dominated the crypto scene for several years now.
This new project has already shown plenty of promise to smash past the current crypto giants and is quickly setting itself up for the top spots in the market.
But first, a closer look at the top altcoins and the new Defi coin:
* Best crypto to buy now
* New Defi coin explodes in popularity
* Top altcoins to watch in 2024
Investors are still searching for the best crypto to buy in 2024 after a turbulent period for the market.
Many new altcoins have arrived on the scene this year, presenting new opportunities for investors, especially as interest in the metaverse continues to grow.
However, some of the biggest cryptocurrencies are still going strong, despite the arrival of new competitors.
Ethereum (ETH) is one crypto that has been in the news a lot this year, and it’s no surprise considering the coin’s long-term popularity with investors.
Despite this, one expert believes that a new altcoin has potential to smash past Ethereum in 2024.
ETH price drops
Ethereum (ETH) fell into the red on Monday, continuing its downward trajectory from the previous week.
The Ethereum price dropped by almost 11% and stayed around the $2,486 mark on Wednesday.
This dip extended into Tuesday, testing the lower boundary of a key support zone at $2,359, which traders are closely monitoring.
In the event that ETH fails to break above this level and closes below it, the price might continue its downtrend and test the $2,125 low point reached on 3 February.
Source: CoinMarketCap
Looking at the daily chart, the Relative Strength Index (RSI) stands at 36, indicating bearish momentum and suggesting that more downside could be in store if the trend persists.
A recovery might occur if Ethereum manages to reverse course and break above Monday’s high of $2,839, which could pave the way for a rally toward the $3,000 psychological barrier.
However, for the time being, the bearish outlook prevails, and traders are advised to be vigilant and watch for signs of a breakout or, worse yet, a decline.
One crypto COO reveals his biggest investment
Meanwhile, XRP is in great hands with Matthew Brienen, COO of CryptoCharged, who’s not shy about stating that he believes XRP might reach four digits.
In a recent YouTube video, Brienen names XRP as his most significant investment, highlighting the coin’s vast upside potential. But can XRP really escalate to $10 or $100 within a few years?
Source: CoinMarketCap
Brienen attributes his bullish stance to XRP’s real-world application in streamlining the remittance industry. As he explains, XRP can transfer money across the globe in a mere five seconds at a fraction of the cost compared to traditional systems.
This factor makes XRP a genuine long-term contender, a key reason why Brienen believes it could hit triple digits and even reach $1,000.
Presently, XRP is trading at $2.2, so the market cap would need to escalate to approximately $5.7 trillion to reach $100, a significant increment but achievable with the right market dynamics.
Remittix: Blockchain technology transforming cross-border payments
Remittix (RTX) is gaining attention for its innovative approach to cross-border payments. Combining crypto with traditional fiat, Remittix makes international transactions simpler and less expensive.
With support for over forty cryptocurrencies and the ability to transact in fiat currencies like USD, GBP, and others, Remittix provides a substantial catalog for varied investment preferences.
This versatility has already attracted experienced investors and businesses from around the world to the platform.
Moreover, the platform’s swift and secure transactions, powered by blockchain technology, are free from any hidden charges.
Remittix also offers an attractive passive income opportunity where users can earn 18% APY when they stake their RTX tokens, making it a new investor or experienced trader’s delight.
The platform has seen consistent demand from investors through its ongoing presale, which has already raised millions in funding.
The current presale price of $0.0671 per token presents an ideal chance for early investors to engage before Remittix launches.
Experts predict substantial gains, around 25x return, for early backers after the presale stages. Join the future of PayFi with Remittix:
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Bitcoin's one -way fall on Friday, with digital assets that reached the lowest level in over 3 months
- Feb 28, 2025 at 07:25 pm
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- Airdrop Collection DAO Skyren (SKYRN) Promises Explosive Growth as Blue-Chip Cryptos Cardano (ADA) and Ripple (XRP) Struggle
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- For years, blue-chip cryptocurrencies like Cardano (ADA) and Ripple's XRP were the go-to investments for traders seeking stability and long-term growth in the crypto market.
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- The ecosystem of the Bitcoin Liquid Staking Token (LST) is watching an impressive growth, with the total value locked (TVL) crossing the $4 billion mark.
- Feb 28, 2025 at 07:25 pm
- With more Bitcoin investors aiming to amplify their returns by not just holding, but staking, their assets in DeFi protocols, liquid staking has cemented its status as a go-to channel.