|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
XRP, TRX, RTX: Which Cryptocurrency Holds the Most Potential for Long-Term Success?
Jan 14, 2025 at 09:16 pm
Cryptocurrencies like Ripple (XRP), Tron (TRX), and Remittix (RTX) are changing the way money works around the world.
As the cryptocurrency market continues to evolve, several tokens have attracted the attention of investors. Among them are XRP, TRX, and RTX. Here's a closer look at each token and how they performed this week.
XRP price could hit $4 as legal battle heats up: XRP price is poised to rise by 60% as it formed a symmetrical triangle on the price chart. This corresponds with recent victories in Ripple's legal battle against the United States Securities and Exchange Commission (SEC).
The development comes after Ripple won a small legal case on January 11. A judge granted Ripple's motion for leave to file under seal to conceal personal and private information.
Meanwhile, the SEC is expected to file an opening brief for its appeal by January 15. The appeal is against a ruling from Judge Analisa Torres, who stated that normal sales of XRP fail to satisfy the circumference of the Howey Test. This protracted litigation process has primarily influenced the volatility in the XRP price from mid-2023 onwards.
However, with the recent shift in SEC management, new prospects may open up for cryptocurrency. As Gary Gensler steps down from his position as the SEC Chair on January 20, Paul Atkins, the new Chair who believes in free markets, might be more lenient, at least toward crypto. This change has investors excited about the future of XRP.
Tron price holds strong at $0.26 despite market challenges: TRON's native digital token, TRX, traded within the range of $0.26 despite market volatility. Such resilience can be attributed to the confidence of the TRX community.
However, TRX price is ranked 13th by the number of daily active addresses, which stood at 2.73 million people. This showcases that people still actively use Tron for transactions and projects.
Another positive sign is the shift in investors as they began to hold their TRX differently. In the last two weeks, investors demanding quick returns shifted to middle-term stockholders. Short-term holder activity declined by 11% and is effective in preventing individuals from selling off large amounts of Tron and, as a result, stabilizing the price of the cryptocurrency.
Now, for Tron to reach the next level, it has to maintain its ground around the $0.26 support. If it can remain flat, it may rise to $0.30, which is what investors are eyeing. However, if Tron fails to hold the ground on this level, it may slide back to $0.22, hampering the current bull run.
This proves that many investors still have confidence in the Tron network during unfavorable market situations. If the support consolidates, Tron might have a great few weeks.
How RTX is the smart money's secret weapon in the DeFi space: Remittix is transforming cross-border monetary sending and receiving services. Blockchain technology and cryptocurrencies help the Remittix platform create a more accessible, reasonably priced worldwide payment system.
Regardless of location or access to conventional banking systems, users can experience almost immediate transactions, many reduced prices, and unrivaled access to financial services. This transformative vision is powered by RTX, Remittix's native utility token.
Crucial for running the whole ecosystem, designed on the Ethereum blockchain as an ERC-20 token, key elements include a 3-year vesting time for team tokens. At the same time, there's a generous vesting schedule for presale purchasers, with all tokens claimable within 5 days of the token launch.
Furthermore, zero buy or sell taxes from RTX guarantees flawless and reasonably priced transactions.
Moreover, depending on the selected lock-up duration, appealing staking incentives ranging from 4% to 8% annually allow investors to generate passive income.
Currently in its presale phase and trading at just $0.0199 now is an excellent time to acquire Remittix. The team over at Remittix has stated that the minimum launch price for RTX will be $0.135, marking a 578% increase from its current price.
To learn more about Remittix, visit the website and socials.
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.
-
- The Best New Meme Coins to Buy Now: Arctic Pablo, TRUMP Meme Coin, and Brett (Based) Coin
- Jan 21, 2025 at 06:25 am
- If you've been keeping up with the latest cryptocurrency news, you know that some meme coins are making waves—and not just for their humor. These coins are attracting serious investors, and one is especially catching everyone's eye.
-
- Crypto President: Donald Trump's cryptocurrency $Trump ha been valued at £12bn, far more than M&S which has been around for 141-years
- Jan 21, 2025 at 06:25 am
- The soaring value of Donald and Melania Trump's crypto currency, in awe of the President's second White House coming, is one of the more bizarre aspects of his impact