Outside Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
A new altcoin, Remittix, is making waves in the market, with analysts comparing its potential impact to XRP. Some see early PEPE-like momentum.
Table of Contents
PEPE took the crypto space by storm in 2023, turning small investments into life-changing fortunes almost overnight. Now, analysts are spotting similar early-stage momentum in a rising altcoin, Remittix (RTX). Unlike meme coins, Remittix is bringing real utility to the blockchain space, aiming to change the market like XRP.
With around $13 million raised in presale and thousands of investors already on board, Remittix could be the crypto gem the market is waiting for. Its value is expected to skyrocket by 10x this year, mirroring the viral growth of the PEPE coin.
Pepe begins recovery after massive drop
Among the top crypto coins, Pepe suffered one of the biggest declines. Over the last 30 days, the Pepe coin price has plunged by more than 40%, leading to a drop to the support level of $0.000007500.
The meme coin appears to be moving past its recent breakdown. CoinMarketCap’s data shows that the Pepe price has rebounded at the support level and has now recovered above $0.000008200.
According to the analyst known as RoccobullboTTom on X, the price of Pepe could soar above $0.0000500. UNKNOWN TRADER has set a lower Pepe price target, suggesting that the meme coin can rally to $0.00000915 first.
Ripple shows resilience
Ripple’s XRP has shown strong momentum in the past few weeks. The altcoin is still trading around the $2 region despite a massive selloff in the general market. A recent tweet from Ali Martinez revealed that whales sold over 370 million XRP recently. In the past week, CoinMarketCap data shows the XRP price has been trading between $2.13 and $2.74.
The XRP price has plunged by 13.6% on this level due to the selling pressure. However, analysts believe the approval of Ripple ETF and the end of the Ripple-SEC lawsuit might propel the XRP price to a new peak. BarriC forecasts the XRP price might surge beyond $3 to $5 over the next month.
Afterward, the analyst said the XRP price could pump to $10. Based on technical analysis, most technical indicators including the Fear and Greed Index are bearish. However, the Stochastic Fast (14) and Williams Percent Range (14) are flashing a buy signal.
Remittix, expected to repeat the 2023 massive surge of PEPE
Since the presale started, Remittix (RTX) has attracted a lot of attention and has raised over $12.8 million. The RTX token is currently valued at $0.0671 and has attracted investors because of its low market cap and utility. Its price trajectory is expected to mirror that of PEPE in the coming months.
Remittix is changing the way cross-border payments are made by bridging the gap between the DeFi market and conventional banking systems. This unique service allows the exchange of over 100 cryptocurrencies for more than 30 fiat currencies with a direct transfer to any bank account.
This is because Remittix offers a direct approach to the transfer of funds, hence making the transactions fast and cheap. The platform is easy to use for customers and has a strong API that allows businesses to integrate the cryptocurrency payment system into their operations.
With the current evolution and growth of Remittix and the services that it offers, the project is well-positioned to transform the future of international money transfers.
Why Remittix is a top crypto option
From history, those who join a project early make the biggest returns as in the case of PEPE. Currently, those who missed out on PEPE have another chance with Remittix. This DeFi project seeks to enrich the cross-border payment sector, which is worth billions of dollars.
To learn more about Remittix, visit the website, Telegram, and Twitter.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news
