|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
XRP Could Hit $5.5 If Ripple CEO Joins Trumps Crypto Strategy Advisory Board
Feb 08, 2025 at 05:55 pm
As market participants debate its potential surge, Ripple has stagnated between the $2 and $3 range. Despite increased market volatility, the Ripple token has shown resilience and has retained investor interest.
The crypto market often exhibits repeating trends and patterns over time and those who recognize them early benefit the most. In 2017, the XRP token was just a few cents before it experienced a moonshot to reach $3.00. The rapid rise proved that tokens with real-world use can outperform those built on purely speculative hype. Several factors contributed to its success, from early momentum to strong fundamentals that fueled its adoption,
A new project, Remittix (RTX), has signaled a similar prelaunch trend. The platform promises a unique PayFi solution addressing most cross-border payment inefficiencies, including hidden fees and long processing times. While the new PayFi crypto is positioned to challenge Ripple on the market share of global remittance, they are all gearing up for positive price movements. This article looks at how these two remittance tokens could thrive in 2025, considering Ripple’s price prediction and Remittix’s successful presale.
XRP Could Hit $5.5 If Ripple CEO Joins Trumps Crypto Strategy Advisory Board
As market participants await its potential surge, XRP has been trading between the $2 and $3 range. Despite increased market volatility, the Ripple token has shown resilience and has retained investor interest. The possibility of its CEO joining Trump’s advisory board could trigger renewed optimism, potentially fueling rallies toward new highs. If this development happens, the price of XRP might steer toward the $5.5 level.
The anticipation surrounding Trump’s crypto strategy has already sparked speculations, with investors keeping a close eye on regulatory shifts that might impact the XRP price trajectory. Currently trading above $2.10, the XRP coin has showcased potential volatility as it nears its critical support and resistance levels. The recent price action reflects a consolidation phase, with the altcoin testing support near $1.90 while facing a hurdle at $2.90. Its 50-day SMA could act as dynamic support and determine the altcoin’s next move.
If the price of XRP can hold above this level, it could trigger bullish momentum, pushing the top altcoin toward the Fibonacci extension target of $3.53, $4.52 and ultimately $5.52. However, failure to close above this support level could lead to a downturn, with the 200-day SMA at $1.32 could serve as a critical support level. The formation of Trump’s crypto advisory board might reshape the regulations and attract investors across the market; if Brad Garlinghouse joins, it might strengthen the XRP token’s position. Its price targets remain crucial, as the $5.5 is attainable if bullish momentum sustains.
Remittix (RTX): Addresses Real World Cross Border Payments Inefficiencies
Remittix (RTX) stands out from the hype-driven market norm, focusing on real-world utility to transform cross-border remittances. Valued at $0.0539, Remittix has raised over $11.2 million, showcasing a robust foundation and early signals of investors’ confidence. As everyday users seek cheaper alternatives to make international transfers, Remittix is well-positioned to follow in the footsteps of XRP and other altcoins this year.
The PayFi crypto aims to unify digital coins with the everyday reliability of traditional banking, enabling users to avoid steep fees. This real-world angle has appealed to mainstream users who might have never had cryptocurrency exposure. Ideally, users will convert digital assets into fiat and deposit the funds directly into any bank globally. Even though DeFi holds significant potential, many cryptos have had issues being widely accepted due to their disconnection from fiat.
Conventional methods have been ineffective and costly in paying millions of employees worldwide while families seek to send money. This real-world focus has signaled Remittix as a superior investment option for those seeking high returns and the reliability of cross-border payments. Even more interesting is that it has fostered financial inclusivity and accessibility. The platform will also cater to the unbanked and underbanked populations, enabling them to access financial services without traditional banking infrastructure.
Notably, Remittix has eliminated intermediaries, enabling users to manage their funds independently of financial sovereignty. This has allowed users to maintain anonymity and decentralization of cryptocurrencies while executing functional and easy transactions for daily applications. With these features, Remittix continues to draw more investors as the price rallies over 259% to sell at $0.0539.
RTX To Follow The Footsteps of XRP’s Bullish Rallies
With recent developments like the launch of Ripple’s stablecoin (RLUSD), regulatory shifts and the potential for massive long-term returns, XRP coin is well positioned to foster institutional adoption, which could set the stage for a price increase. Remittix might follow in Ripple’s footsteps, thanks to its excellent cross-border payment capabilities, solid security and massive growth potential.
Join the Remittix (RTX) presale and community
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.
-
- XRP vs COLD: Which Blockchain Will Dominate 2025?
- Feb 09, 2025 at 12:06 am
- Ripple (XRP) has been one of the most controversial yet resilient cryptocurrencies. Despite facing regulatory battles, XRP remains a top contender in the crypto market. As 2025 unfolds, investors are asking the key question: How high can XRP go this year?
-
- Hong Kong Recognises Bitcoin and Ethereum as Valid Proofs of Assets for Investment Immigration
- Feb 08, 2025 at 11:31 pm
- By accepting Bitcoin and Ethereum for investment, Hong Kong not only legitimises these digital currencies but also potentially stimulates demand from investors seeking alternative avenues.