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Home Crypto

Ethereum Steady as Altcoins Dip, Remittix Gains Investor Focus

by Market News Board
14 hours ago
in Crypto, Cryptocurrency News, Ethereum
Ethereum Steady as Altcoins Dip, Remittix Gains Investor Focus
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Despite the green flashes shown by some cryptocurrencies, the broader altcoin market has been largely red in recent weeks. Similarly, the market is taking its toll on Ethereum (ETH), which is struggling to maintain support around $2,400. The Ethereum price movement reflects the cautious sentiment among investors, prompting them to seek solid alternatives with potential. 

Remittix (RTX) has emerged as the top ETH alternative following its strong presale, which has raised over $15.8 million in a couple of months. Tagged the next XRP token, let’s find out how far Remittix can go in the altcoin market this year. 

Remittix sets the best foot forward. Aims for $18 million soft cap

One of the best ways to find the next crypto is shopping for new tokens with potential. Remittix is proving to be one of such underrated cryptocurrencies that could go all the way to return massive gains or more in 2025 based on its early presale success. Since the Remittix presale began, the token’s price has increased by nearly 500%, making a massive move very likely in the coming months. 

Also, over 547 million RTX tokens have been sold within the short presale period, and the token’s initial coin offering (ICO) is moving fast towards its $18 million soft cap. Once this milestone is attained, the Remittix project would move to the next phase of its roadmap, which could potentially increase its demand and price. These positive signs have made investors bullish, especially ETH traders, who are looking to diversify their portfolios with low-cap Ethereum-based tokens with potential. 

ETH investors hang on with fears 

While RTX is firing on all cylinders, ETH is struggling in the crypto market. The ETH price is down by about 9% in the past month, which has caused pessimism among investors who had optimistic Ethereum price predictions at the start of June. Though the ETH price has been steady around $2,400, the altcoin’s sideways movement calls for caution. 

However, the muted ETH price has not impacted some investors, evident in the increase in recent daily transactions on the Ethereum network. Also, institutions are stacking up ETH in their reserves and Ether ETFs continue to increase in demand. Could these influence the ETH price over the coming months? Only time will tell. 

Experts predict RTX would overthrow XRP 

Though ETH remains the largest altcoin, shinier cryptos like RTX are quickly becoming alternatives for those looking for strong utility and significant profit potential. Judging by its features in the crypto payment space, analysts are now predicting that Remittix has all that’s required to outshine Ripple’s XRP as the biggest payment token. The strong belief in RTX is due to the following reasons:

  • Significant use cases, including the Remittix Pay API for merchants to create instant crypto accounts for receiving payments globally and converting the funds to their local currencies. The Remittix app also allows users to send crypto to others and have the equivalent amount deposited directly into their bank accounts in 30+ fiat currencies. 
  • Solid project roadmap, including the presale soft cap, subsequent project launch, and the RTX token listing on major exchanges. 
  • Strong tokenomics, including a limited supply of 1.5 billion tokens. This makes the RTX token deflationary. 

Conclusion

Buy RTX on presale for $0.0811 before the token’s price explodes. You can also take advantage of the 50% bonus before the presale reaches $18 million.

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