There is an ongoing buildup of interest with experts now comparing the Ripple coin with newcomer Remittix. Additionally, with the XRP price prediction now showing a decline from the earlier projection, this new competitor may be serving a greater blow than was initially thought.
According to the analyst’s opinion, the timed entry of the Remittix project into the crypto market this period could be what the market has been waiting for.
Here is an insight into the Remittix propositions that are now threatening to outperform the Ripple coin as traders queue behind its solution.
XRP Price Prediction Showing Effect Of New Challenger
The XRP price prediction over the last few weeks has continued to weaken, with the outlook now hinting at a high below $4. While this XRP price prediction still looks considerably high, it deviates to a bearish zone, as the earlier projection suggested $10.
Considering the rise in various fundamental factors for the Ripple project this year, experts’ XRP price predictions have also been high and optimistic. However, the last part of the third quarter is changing this outlook as the threat from a new challenger gets tougher.
This threat from the new challenger is believed to be changing the direction of the Ripple coin. This is because the latest XRP price prediction now predicts a high, which could reverse near $3.6. Additionally, the cross-border remittance approach of the Ripple project is now losing followers, as new challengers like Remittix introduce more effective strategies.
Why Remittix Is Gaining Traction As A Challenger To Ripple’s Dominance
Remittix has become a key part of the remittance industry discussion lately, with an outlook that it could become the next big thing. The Remittix popularity has come with its proposition and approach to cross-border payment that continues to show it could revolutionise the payment sector.
In addition to this, the Remittix crypto-to-fiat payment strategy has become a top interest in the market as freelancers and international students see a way forward. This is because it presents the easiest solution so far for cross-border payments, with its direct delivery of crypto payments to bank accounts.
Furthermore, while students and freelancers can use Remittix to send money easily, the solution also takes businesses into account with the merchant account that helps businesses receive fiat from crypto payments. The Remittix solution keeps getting better every day, with the latest updates showing the following about the project:
- The beta wallet is already live, with every review channelled to making the app better
- Remittix is now pre-launched on platforms such as CoinMarketCap, with LBank and BitMart indicating readiness to launch for spot trading soon.
- The support and community base have continued to rise at a fast pace, with rewards from the referral program already becoming an opportunity to earn passively.
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
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