While the wider crypto market grapples with sharp corrections, Ripple’s dip below key support recently has seen investors looking out for strong-performing altcoins that could take over from its supremacy in facilitating payments.
The retreat of XRP has given room for new contenders to surface, such as Avalanche and Remittix (RTX), with the latter already showing exceptional momentum in blockchain-based remittances.
Already at $0.1166 per token, Remittix, with its real-world wallet beta live and expanding community testing program, seems to show that the next disruptor in crypto payments is perhaps already here.
XRP Faces Bearish Pressure while Altcoins Look to Fill the Gap
Ripple is failing to hold its recent gains, changing hands at $2.42, losing 6.69% in the last 24 hours with a market capitalization slipping to $148 billion. While the trading volume rose to $6.53 billion, analysts remain very skeptical about the token’s short-term outlook due to increased profit-taking.
Ongoing regulatory tension, coupled with the fear of losing its leading position in blockchain payments, adds weight to the pressure.
Meanwhile, AVAX has fallen 11.62% to $17.91, though the $640 million in trading volume would indicate consistent investor involvement. AVAX continues to be one of the stronger-performing Layer-1 ecosystems, yet still fails to achieve the transactional utility that projects such as
Remittix (RTX) are now being brought to market.
Remittix (RTX) Moves Ahead with Real Utility and Major Milestones
While older cryptos continue to struggle with volatility, Remittix is gathering steam, helping solve real-world problems in cross-border remittances. The project has raised over $27.7 million in private funding recently and continues to ensure very strong investor confidence in its cross-border PayFi solution.
Further adding to its credibility is that the whole Remittix team is now fully verified by CertiK, the leading name in blockchain security. RTX also took the #1 ranking for pre-launch tokens on the global leaderboard at CertiK, showcasing the project’s transparency and audit strength.
This is while wallet beta testing is extended to more iOS users and top weekly buyers are invited to take part in shaping the final Remittix Wallet, another step toward product readiness pre-listing.
CertiK Verified: #1 globally amongst pre-launch crypto projects
Upcoming Listings on CEX: BitMart and LBank confirmed as future exchanges. Having sold more than 681.6 million tokens and continuously engaging with the community through various initiatives such as the Remittix Referral Program, giving away $250,000, RTX is blending technology, transparency and utility in ways that even legacy tokens like XRP struggle to replicate.
While Ripple deals with unpredictability in price and Avalanche certainly navigates through the current turbulence in the market, Remittix seems to be going its own way. With $0.1166 per token, an ever-growing ecosystem and major CEX listings to come, it’s not just an alternative to XRP but probably a new generation of cross-border blockchain payments altogether.
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
