The Cardano ETF hype is the rage of the market, as the ADA price soared above $0.90, to the delight of investors. This has been top on the trending list, though most investors are already diverting their investments to a new and more convincing opportunity, gaining massive traction: Remittix (RTX).
This PayFi project has raised over $20,2 million in capital after selling over 607 million of its RTX tokens at $0.0969 apiece. But analysts are confident there’s more to come, considering Remittix’s development roadmap.
ADA Price Performance as Cardano ETF Hype Wanes
Source: Flash Trading on X
The hype around the Cardano ETF drove ADA past the $0.90 price level and even briefly to $1, igniting strong optimism among holders. The Grayscale application for a spot Cardano ETF was deemed a significant milestone, boosting approval probability to over 80 percent and setting targets as high as $1.50 on the charts. A social frenzy broke out for a while, and ADA looked on course for a sustained bullish run.
Momentum has faded as Cardano’s price consolidated after the initial surge. Also, whale interest began to change direction. Large holders seem to be investing their profits elsewhere, with trading volumes plunging even as ETF chatters continue. A major recipient of this outflow is an under-the-radar Ethereum-based altcoin set to deliver the next 100x crypto.
Remittix Attracts Cardano Whales With Convincing Roadmap
As Cardano ETF momentum wanes, Remittix is becoming a strong magnet for capital inflows. Created to simplify cross-border payments, Remittix allows users to send crypto straight into bank accounts across 30+ countries.
Market observers are convinced that this real-world focus gives Remittix an advantage over speculative tokens. Having raised over $20 million, Remittix has announced its upcoming BitMart listing to rev up ecosystem excitement.
Here is why whales are accumulating RTX:
- Over $20.2M raised in capital before launch, affirming strong early demand
- The Imminent wallet launch this September will further ignite adoption rate as it adds seamless and transparent FX conversion
- Offers solutions to retail and business users’ needs
- BitMart listing confirmed to increase adoption rate and whale inflows
With the Cardano ETF starting to slow as whales change course and flocking toward Remittix, experts are confident that this might be top crypto under $1 to deliver the next 100x crypto surge.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
