New Altcoin Star RTX: SOL Struggles While Remittix Climbs the Ranks After CoinMarketCap Listing
Many tokens are in the red as a result of the current volatility in the cryptocurrency market. In this context, leading cryptocurrency coins like Solana (SOL) are erratic, while new players like Remittix (RTX) exhibit far greater potential. Many investors believe this altcoin may have more upside potential than SOL because it has seen about seven price jumps and raised almost $3 million in just three weeks. This altcoin was recently listed by CoinMarketCap, which is encouraging. This made it possible for millions of new traders to target it. Furthermore, Remittix disclosed that a CoinGecko listing application has been filed.
RTX Gains Traction with PayFi Platform and 36% Token Price Increase
People clearly have a lot of faith in Remittix’s long-term growth potential, as seen by the more than $2.8 million it has raised so far in its cryptocurrency initial coin offering event. With its PayFi approach, Remittix hopes to transform the market for cross-border payments. It will achieve this by introducing a crypto-to-fiat platform that enables users to convert 40 distinct cryptocurrency coins into fiat currencies, such as USD and EUR, and then transfer the funds to any bank account worldwide for a fixed charge.
The RTX native token will be the central component of this platform. Staking profits of 4% to 8% and governance voting rights are two benefits of owning this cryptocurrency. At a discounted price, it is currently in its presale run. From its initial price of $0.0150, RTX is now only $0.0207, a 36% gain.
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