A lot of debate has been going on within the crypto market lately, with many crypto enthusiasts comparing top altcoins like Cardano and Ripple, asking which among them is superior in blockchain technology. As this is happening, a new contender known as Remittix (RTX) is quietly taking center stage as it sets out to redefine the landscape of international payments.
With a token presale that has already attracted significant amounts of investment in a quite short time, can it be regarded as the best cryptocurrency to invest in ahead of Cardano and Ripple? Let’s find out.
XRP Price Surges 42% Amidst SEC Rumors, CTO Clarifies Past Price Anomaly
Ripple’s CTO, David Schwartz, recently clarified that the $3.84 price of XRP in January 2018, often labeled as the “all-time high,” was misleading. He noted that XRP couldn’t actually be bought or sold at that price due to inflated exchange rates, particularly from Korean exchanges. A supporter highlighted this issue, and Schwartz acknowledged that the price was influenced by the “Kimchi premium,” which reflects higher cryptocurrency prices on South Korean exchanges.
Experts believe that this clarification about XRP’s all-time high by the Ripple CTO could evoke mixed market reactions, with its long-term price largely dependent on investor interpretation and broader cryptocurrency trends. However, as for the meantime, XRP’s price is at $3.33, having surged by 46% weekly, following rumors that the Securities and Exchange Commission (SEC) may drop some crypto cases after Chairman Gary Gensler leaves office on January 25.
The Secret Weapon Behind Cardano’s Top 10 Push
Tony JRNY, creator of the JRNY Club NFT project, recently tweeted that Cardano will surpass the ten of the top crypto coins by 2025, referencing an article on its new “Glacier Drop” airdrop linked to the Midnight project. Crypto commentator Talos backed this prediction, noting significant milestones like the Cardano Constitution and governance advancements.
With ongoing developments like the Glacier Drop, Cardano seems well positioned to meet the increasing demand for decentralized and privacy-focused solutions. If these developments succeed, Tony JRNY’s prediction could prove accurate, reinforcing $ADA’s status as one of the best cryptocurrencies in the market. Meanwhile, ADA is trading at $1.08, marking a 20% weekly increase.
Remittix: Crypto-to-Fiat Payments Made Easy
Remittix is revolutionizing international payments by allowing users to convert over 40 cryptocurrencies into fiat currencies like USD and EUR. This conversion process offers a much faster and more cost-effective solution compared to traditional systems like SWIFT, which can often be slow and riddled with hidden fees.
With Remittix, users can send money across borders with ease, knowing they’re getting the most value for their transactions. The platform operates on a transparent flat-fee model, ensuring that recipients receive the exact amount sent without any unpleasant surprises, making it a trusted option for both individuals and businesses.
For businesses, Remittix presents an efficient way to handle international payroll. Imagine being able to convert crypto payments directly into fiat and deposit them into employees’ bank accounts, simplifying operations and significantly reducing costs. This capability not only increases the speed of transactions but also simplifies financial management for companies operating globally.
Security and user autonomy are at the forefront of Remittix’s mission. By eliminating third-party involvement in transactions, users maintain complete control over their funds. The platform has undergone thorough audits by Solidproof and BlockSAFU, ensuring a reliable infrastructure that users can trust. Additionally, Remittix has locked its team tokens for three years, reducing the risk of insider sell-offs and boosting investor confidence in the project’s stability.
Currently, during its token presale, the RTX token is priced at $0.0207, presenting a compelling investment opportunity. With over 93.87% of the tokens already sold for the current stage, and a total of $3.2 million raised, it’s evident that investors are recognizing the potential of this platform. Each RTX token comes with a capped supply of 1.5 billion tokens, and forecasts suggest it could yield returns of up to 100x by 2025. As the next price point is set at $0.0207, experts suggest considering RTX as one of the best cryptocurrency investments at the moment.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix