Remittix (RTX) Outshines SUI, Becomes The New PayFi Altcoin To Watch As The Market Corrects

For those still in the dark, the Bitget token is quickly emerging as one of the most promising altcoin projects thanks to its cutting-edge blockchain

While Bitget token has been making waves recently, rising to the top 25 on CoinMarketCap, another project has captured the attention of SUI investors. This project, known as Remittix, is a new PayFi altcoin making headlines.

The recent surge in the value of the Bitget token is largely attributed to positive developments surrounding the exchange. Bitget was recently registered with the Central Reserve Bank of El Salvador as a Bitcoin Service Provider (BSP), enabling the exchange to provide custody services, payment methods, and fiat-to-Bitcoin exchanges on a national scale.

Furthermore, the exchange is awaiting additional approval for a digital asset service provider license from El Salvador's National Commission of Digital Assets, which will allow it to offer cryptocurrency assets beyond Bitcoin.

In addition to its Seychelles base, the exchange is expanding its presence within the European Union. Currently regulated as a virtual asset service provider in Poland and Lithuania, Bitget is considering establishing a European base to comply with MiCA regulations. Bitget also re-entered the United Kingdom in November 2024 after scaling back services in the country in May to adhere to local regulations.

Meanwhile, SUI price faced a major correction last week, experiencing a strong bearish reversal. This caused the altcoin to lose approximately 13% over the past seven days.

Despite these significant price fluctuations, experts remain optimistic about SUI's massive growth potential. With its fast-increasing utility and focus on blockchain innovation, SUI has emerged as a top crypto asset to watch.

As the bull run continues, analysts predict SUI will rise to $8.08 by 2025. Moreover, should the projected roadmap developments and growing acceptance occur, the SUI price might rise to $60 by 2030. However, in the heat of current price correction, investors are moving to Remittix, a new PayFi altcoin.

By 2027, cross-border payments are set to grow from an estimated $150 trillion in 2017 to $250 trillion. By merging the power of blockchain technology with traditional banking systems, Remittix is capturing a piece of this vast industry, creating a seamless and efficient solution for international transactions.

Remittix enables users to quickly convert over 40 cryptocurrencies into fiat currencies. These funds can then be directly sent to any bank account globally. Where Remittix truly shines is in its simplicity. Recipients receive a standard bank transfer, completely unaware that it began as a cryptocurrency payment. Thanks to its innovative features, users gain complete autonomy and flexibility in handling their funds.

The platform is targeting major competitors like Coinbase, Wise, and Stripe. But unlike these traditional rivals, Remittix has the unique ability to send money via crypto, convert it, and have it deposited directly into a bank account.

Thanks to Remittix’s Pay API, businesses can now accept crypto payments from customers and have the fiat transactions processed into a designated bank account. Companies can also set up merchant accounts, which give them full control over how they cash out their crypto and provide them access to over 50 crypto pairings and over 30 fiat currencies.

Investors are showing a keen interest in Remittix (RTX). With the presale coin priced at just $0.0207 and over $2.8 million raised in the $RTX presale, the enthusiasm is palpable. Market experts predict a staggering 5,000% increase after launch and an 800% jump before the presale concludes, making it a top crypto to buy now. As Remittix spearheads PayFi, now is the perfect time to explore the possibilities of cross-border payments by buying the presale coin.