Payments-savvy investors may want to pivot from top payment tokens like XRP to more suitable alternatives like Remittix, if recent reports are true. According to crypto news today, Remittix, the upcoming PayFi project that has caught the eye in the crypto industry, has shown superior levels of speed and costs when compared to industry giants like XRP. Due to this, analysts have suggested that Remittix’s native token, RTX, could be among the best cryptos to buy now.
On the flipside, XRP has failed to meet the expectations of investors and analysts alike in the ongoing bull market. The token performed poorly in the markets this week, as the XRP price fell by 10% over the last seven days in what is the latest price depreciation event for the largest payments token by market cap.
XRP Woes In Bull Market Continue Following Poor Week
If this week is anything to go by, the XRP price may be on the verge of a freefall in the crypto market. The token is down by 10% in the past week, following yet another poor performance in the crypto market, much to the dismay of investors and analysts alike.
Analysts had previously predicted that XRP could surge past the psychological $5 barrier in the ongoing bull market, but that seems like a pipe dream at the moment. Whether or not the token experiences a rebound in the market is another topic, but that doesn’t seem likely at the moment.
While XRP struggles in the market, though, another payment token is attracting attention in the crypto industry ahead of its launch. RTX is set to play a massive role in the Remittix project and its goal to transform global payment experiences.
Remittix Launch Beckons As Project Crosses $20 Million Mark
The long-awaited PayFi project, Remittix, could be drawing closer to its launch after recently crossing a significant milestone. The project has officially crossed $20.8 million in its presale and is one step closer to its token generation event.
There are already developments on that front. Recently, Bitmart, a major centralized exchange in the industry, announced that it will list the RTX token when it launches. A barrage of similar announcements is expected over the next few weeks.
Remittix has caught the eye in the crypto industry thanks to its perceived potential to transform the global payments experience with eye-catching features, such as:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 20% referral rewards for onboarding new users
- Support for 40+ cryptocurrencies and 30+ fiat currencies
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
