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Cryptocurrency News Articles

Remittix (RTX) Emerges as a Dramatic Shift in the Crypto Market Follows President Donald Trump’s Reveal of a U.S. Crypto Strategic Reserve

Mar 06, 2025 at 03:20 am

A dramatic shift in the crypto market has followed President Donald Trump’s reveal of a U.S. Crypto Strategic Reserve. Although major assets like BTC, ETH, XRP, SOL, and ADA made the official roster

Remittix (RTX) Emerges as a Dramatic Shift in the Crypto Market Follows President Donald Trump’s Reveal of a U.S. Crypto Strategic Reserve

A dramatic shift in the crypto market has followed President Donald Trump’s reveal of a U.S. Crypto Strategic Reserve. Although major assets like BTC, ETH, XRP, SOL, and ADA made the official roster, BNB (BNB) and Dogecoin (DOGE) were notably absent—prompting many of their holders to seek new alternatives. One token drawing attention is Remittix (RTX), often labeled "the next XRP" for its cross-border payment model.

BNB Overlooked Despite $600 Price

At around $600, BNB stands out as a top-tier crypto by market cap, underpinning the Binance ecosystem and boasting widespread usage in DeFi, NFTs, and more. Yet President Trump’s directive singled out BTC, ETH, XRP, SOL, and ADA for the new U.S. Crypto Strategic Reserve—omitting BNB entirely.

Investors holding BNB see the snub as a missed chance for mainstream endorsement. Some worry that if the Reserve triggers a wave of institutional adoption for named assets, BNB might lag behind. This explains the increasing interest in tokens that do align with cross-border or mainstream narratives—especially those rumored to earn a big share of institutional flow.

BNB’s robust fundamentals still appeal, but many question whether it can match the impetus likely flowing into official Reserve picks or brand-new tokens with fresh global solutions.

DOGE Misses Inclusion at $0.2191

Dogecoin (DOGE), hovering near $0.2191 with a 6% jump over the last 24 hours, also failed to make the Reserve’s official list. Despite earlier government clarifications that meme coins generally don’t qualify as securities, DOGE’s exclusion from the policy underscores its ongoing vulnerability to sentiment-driven ups and downs.

The token soared last year on celebrity endorsements but has recently cooled as major institutions pivot to assets with more concrete use cases.

Now, Dogecoin investors who hoped for official mention—particularly following Elon Musk’s known support—face the reality that DOGE remains outside the initial wave of recognized cryptocurrencies. While there’s no direct ban on DOGE, the absence from a government-led initiative signals that top policymakers may be focusing on blockchains offering faster transactions, cheaper fees, or more direct real-world applications.

Unsurprisingly, many DOGE holders look elsewhere for tokens aligned with cross-border payments or enterprise adoption.

Remmitix (RTX): The Next XRP?

That’s where Remmitix (RTX) enters the picture, currently priced at $0.0694, having raised over $13.4 million and selling more than 513 million tokens to date. Dubbed by some as “the next XRP,” RTX targets the same cross-border finance sphere but with a user-friendly twist.

Instead of requiring deep knowledge of blockchain, Remmitix automates the back end: stablecoins flow in, local fiat arrives in a recipient’s bank account, often within 24 hours. This frictionless PayFi system aims to modernize global remittances, often plagued by hefty wire fees and multi-day delays.

Families sending money abroad, freelancers billing overseas clients, and small businesses dealing with foreign suppliers could stand to gain from near-instant settlements. Observers note that Remmitix’s approach might rival XRP’s original promise of cheap, rapid cross-border transactions—except with a simplified user experience that hides the complexities of blockchain from everyday people.

This real-world appeal explains why many BNB and DOGE holders are rotating into RTX, hoping to ride the momentum if it continues on a trajectory to mass adoption.

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Other articles published on Mar 06, 2025