3 Reasons Why Top Cardano Holders Are Secretly Accumulating Remittix’s RTX
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Cardano holders are riding the bullish wave sweeping across the crypto landscape, leading up to ADA’s 22% upticks, over the last month.
Cardano’s ADA is also pumping in a move that has seen ADA breakout of a prolonged consolidation range to reach new support levels.
However, ADA holders have their eyes on Remittix – an emerging PayFi protocol with a mission to reinvent cross-border payments. Remittix’s RTX utility token has seen its presale raise nearly $15 million in a brief spell. Could RTX topple dominance in cross-border payments?
Cardano’s whale accumulation signals bullish potential
ADA’s price is breaking out of a consolidation range in a notable rebound that has seen Cardano’s bullish sentiment rise. ADA is up 22% in the last month, adding to a year-to-date uptick of over 80%.
Cardano’s ADA is climbing steadily along a rising support line with analysts setting key targets above the $0.95 resistance zone. Should ADA surpass this test, a breakout above $1 is probable.
Beyond Cardano’s technical signals, its ecosystem has made several advancements that have boosted ADA’s credibility among institutional players. Some of these include the addition of ADA to Grayscale’s fund, which has seen whales accumulate 40 million ADA in a brief spell.
Remittix’s RTX set to topple cross-border payment dominance
Remittix’s RTX is the underdog of cross-border payments, aiming to reinvent the entire sector through its PayFi protocol. ADA holders now regard Remittix’s RTX as the next evolutionary step, thanks to its intuitive and straightforward PayFi platform.
One reason experts are paying attention to this competitor is that its PayFi platform has the capacity to obscure the complexity of dealing with crypto wallets. With Remittix, a crypto holder can send funds directly from their wallet to a recipient’s bank account across more than 30 fiat currencies.
The recipient can receive the funds without knowing the ins and outs of crypto wallets. Moreover, every transaction has a flat fee and zero hidden costs and charges, which is a great departure from conventional means.
Remittix also caters to businesses looking to accept crypto payments through their Remittix Pay API, seamlessly enabling merchants to accept crypto payments across over 40 cryptocurrencies, including stablecoins.
Remittix’s RTX presale has gained traction, raising over $15 million. RTX is now priced at $0.0757. Analysts expect RTX to surge 4,000% on launch.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involves substantial risk as the volatility of the crypto market can lead to significant losses.
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