XLM targets $1, but it’s not the only payment token raking in massive whale inflows
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With the bull market officially in full swing, many altcoins have begun to experience positive price movements in the crypto market.
One example is Stellar (XLM), a payments token among the top twenty cryptocurrencies by market cap.
A quick glance at the crypto charts reveals that the Stellar price has massively appreciated over the last week, and analysts believe this is only the beginning.
According to renowned crypto analysts, the Stellar price could appreciate to as much as $1, representing an over 100% increase from its current value.
If they are right, this would automatically make the XLM token one of the best-performing tokens on the market.
Regardless, Stellar is not the only payment token on the verge of a massive price surge.
Analysts believe RTX, the native token of the upcoming PayFi project, Remittix, could also have a similar price appreciation when it eventually launches.
Stellar price on the verge of massive breakout says crypto analyst
Fans and token holders of payment token XLM could be in for a massive breakout come the end of the ongoing bull market, according to recent price predictions by crypto analysts.
In crypto news today, analysts remarked that the top twenty cryptocurrencies by market cap could soon embark on a massive price correction that sees them set a new all-time high in the crypto market.
The news comes on the back of a successful week for the payments token, which saw its price accelerate rapidly as the bull market intensified.
If the recent forecast is true, Stellar could quickly become one of the best-performing altcoins on the market.
Still, analysts remain unconvinced that it could outperform other payment tokens, particularly RTX, the native cryptocurrency of the upcoming PayFi project, Remittix.
Remittix launch draws closer as team announce key detail
Remittix’s native token, RTX, could launch sooner than anticipated following a major announcement about its token generation event.
Earlier this week, Remittix announced that it would reveal the first centralized exchange on which RTX would launch once the project surpasses $20 million in presale.
Despite still being in the presale phase, Remittix has caught the eye of the cryptocurrency industry thanks to its unique position in the highly anticipated PayFi industry.
Many crypto experts view Remittix as the solution to the fragmentation issue within the larger payments ecosystem.
Once it launches, Remittix is expected to transform the global payments experience thanks to innovative and impressive features, such as:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 40% token bonus for early adopters and supporters
- 20% referral rewards for onboarding new users
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
The post XLM targets $1, but it’s not the only payment token raking in massive whale inflows appeared first on Invezz
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