Having been freed from legal ridicule, Ripple has started making huge moves to expand its reach and capabilities. The project is planning to leverage its stablecoin, RLUSD, to acquire Hidden Road, a financial corporation, for billions of dollars. Ripple is also meeting government officials to explore opportunities for financial collaborations.
These developments have seen XRP price appreciate stellarly over the last month. But analysts are questioning the stability of its momentum. Instead, they’ve highlighted Remittix (RTX), an upcoming crypto payment solution, for a whopping 2,500% price surge.
Remittix is revolutionizing cross border transactions
According to the World Economic Forum (WEF), cross-border transactions are integral to world trade. But despite the plethora of fintech platforms in existence, international inter-currency transactions can still be slow, inefficient and frankly, expensive.
🔥 DON’T MISS OUT 🔥 REMITTIX ($RTX) 🔥 The Future of Cross-Border Payments with Crypto!
Despite their popularity, cryptocurrencies can’t be smoothly converted into fiat, but Remittix is putting an end to that. It introduces an innovative PayFi protocol that allows anyone to send crypto to bank accounts in fiat. It also touts a PayAPI that allows merchants to receive crypto as fiat.
This groundbreaking utility is set to cause a stir in the global payments space. It banks the unbanked, is much cheaper, smoother and quite efficient. That is why crypto investors are going hard on its presale, which is available for $0.0757 at the moment.
Experts believe that this token will rival XRP in due time. It has no regulatory issues to stifle its ascent and unlike XRP, it appeals to both retail and institutional users. That is why veterans are backing it to appreciate by at least 2,500% before it hits the limelight.
XRP price rally faces huge test at key resistance level
The positive sentiments encompassing Ripple and the bullish atmosphere in the crypto space have boosted the XRP price over the last month. During this period, XRP price appreciated to cross the $2.3 resistance level and even soared to $2.6, but analysts are uncertain about further upside.
According to Egrag Crypto, XRP price needs to stay above $2.42 to $2.50 in order to ascend above $3. If XRP price stays above those support levels, it could break the $2.69 resistance level before exploding towards $4.2. Failing to do so, the XRP price could lose its momentum and slide downwards
Don’t miss out on Remittix
After Ripple was launched, it went on an extraordinary price rally that saw XRP price appreciate by more than 1,000%. Then the SEC started hounding it and its price tanked for the next few years.
Remittix is a new token in the mold of Ripple but without the regulatory burden. Even more, it packs a groundbreaking real-world utility that Ripple would kill for. If Ripple appreciated spectacularly during its developmental phase, can you imagine how high it will soar by the time it goes viral?
Even though experts are backing RTX to appreciate by 2,500%, the actual figure could be higher given its massive potential. Several people missed out on XRP. Don’t make the same mistake with Remittix.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
