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Cryptocurrency News Articles

Remittix (RTX) Token Explodes 3500% as Bitcoin Dominance Shifts to Altcoins

Mar 16, 2025 at 05:35 pm

In the wild crypto arena of 2025, investors are shunning old-school behemoths and rushing into new-school tokens

Remittix (RTX) Token Explodes 3500% as Bitcoin Dominance Shifts to Altcoins

In the vast and unyielding terrain of crypto, investors are abandoning the old-school behemoths for new-school tokens that promise explosive growth. Among these trends, Remittix (RTX) is introducing a novel approach to cross-border payments, while Solana (SOL) continues to grapple with technical and market issues.

The tides of cryptocurrency are shifting, with less money flowing into Bitcoin and more interest in altcoins that provide real-world use cases. Whenever Bitcoin’s market share decreases, we usually see money begin to flow back into altcoins.

As analysts expect this to be the beginning of another altcoin season, we're likely to see tokens such as COLT experience meteoric rises. With 51% dominance for bitcoin in terms of total market cap, the region is usually characterized by increased activity for alts. This action reflects investors being content to invest in tokens with greater store-of-value characteristics.

This assertion is supported by increasing trade volumes and shifting investor attitudes across the crypto landscape. As the dust settles on another eventful week in the crypto market, the scene is set for a continuation of the ongoing altcoin season.

While some of the more theoretical leaps in cryptocurrency are interesting, few offer the same practical uses as Remittix (RTX). The PayFi protocol can potentially enable faster crypto-to-fiat settlements with less cross-border latency as well as fees.

Remittix has already secured close to $13.9 million of presale funds at $0.0734 token price with 520 million tokens sold – proof of market trust. A mechanic in Mexico can receive remittances from his cousin in Canada and convert them into pesos within minutes.

Such a customer experience can produce organic growth with fewer hype cycles. With remittance operators and e-wallets being integrated into the project in the future, Remittix adoption can be achieved quicker than speculation-only tokens.

The potential for 20x or 30x growth is being touted by bullish predictors – better to have slower alts. Others note that bringing DeFi into contact with real-world off-ramps has the potential to anchor the token price to real-world utility and insulate it from meme token price action.

Solana (SOL) is still a big contender with the reputation of being fast and scalable in terms of transactions. The token has been extremely volatile recently, falling from the all-time high of $295 to as low as $125 before retracing back to the area of $145.

This swift retracement has raised doubts regarding the capability of SOL to regain significant bullish momentum. As the dust settles on another eventful week in the crypto market, the scene is set for a continuation of the ongoing altcoin season.

While some of the more theoretical leaps in cryptocurrency are interesting, few offer the same practical uses or have secured the same presale sums. Remittix (RTX) is notable because it has practical uses in cross-border remittances.

The PayFi protocol can potentially enable faster crypto-to-fiat settlements with less cross-border latency as well as fees. Remittix has already secured close to $13.9 million of presale funds at $0.0734 token price with 520 million tokens sold – proof of market trust.

A test case for Remittix viability: A mechanic in Mexico can receive remittances from his cousin in Canada and convert them into pesos within minutes. Such a customer experience can produce organic growth with fewer hype cycles.

With remittance operators and e-wallets being integrated into the project in the future, Remittix adoption can be achieved quicker than speculation-only tokens. The potential for 20x or 30x growth is being touted by bullish predictors – better to have slower alts.

Another interesting tidbit is that bringing DeFi into contact with real-world off-ramps has the potential to anchor the token price to real-world utility and insulate it from meme token price action.

Solana (SOL) is still a big contender with the reputation of being fast and scalable in terms of transactions. The token has been extremely volatile recently, falling from the all-time high of $295 to as low as $125 before retracing back to the area of $145.

This swift retracement has raised doubts regarding the capability of SOL to regain significant bullish momentum. As the dust settles on another eventful week in the crypto market, the scene is set for a continuation of the ongoing altcoin season.

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Other articles published on Mar 17, 2025