XRP has seen its price fall back below $3 as recent strength weakens. The current retracement places XRP under pressure from regulators and market momentum. Amidst this, Remittix (RTX) also enters the frame.
Remittix is building a payment infrastructure alternative that could challenge XRP’s dominance. This article looks at XRP’s price path first, then compares it to Remittix and explores whether price action supports an RTX move above $4 from $0.11 in Q4.
XRP Faces Recent Pullback Pressure
XRP recently fell to $2.88 after bullish efforts at rallies failed due to the $3.07 resistance. Traders still view $2.85 to $2.90 as critical support levels presently. A break below that level may continue the decline towards the areas around $2.60 to $2.70.
Remittix’s Case As a Rival Payments Token
Remittix enters this narrative as a challenger to established names like XRP in the payments and PayFi space. In direct comparison, Remittix is targeting real payment flows, while XRP’s narrative leans more on settlement and institutional rails. The argument is that if RTX gains adoption, it could siphon some demand from XRP in cross-border payment use cases and surge to over $4.
The Remittix team is now verified by CertiK and ranked #1 among prelaunch tokens. Its wallet is in beta testing, with the community actively trying it out. Remittix offers a 15% USDT referral program, with rewards claimable every 24 hours. The project also runs a $250,000 giveaway to increase adoption.
RTX has completed CEX listings with BitMart after raising $20 million and LBank after raising $22 million and it is preparing for a third exchange. Remittix has sold over 676 million tokens, the token price is $0.1130 and it has raised over $27.2 million.
Here are key selling points for Remittix:
- Solving a real-world $19 trillion payments problem
- Direct crypto to bank transfers in 30+ countries
- Audited by CertiK, built with trust and transparency
- One of the few projects with product progress before TGE
- Mass market appeal beyond just the crypto crowd
RTX Could Challenge XRP’s Position in The Payments Space
As XRP struggles to reclaim ground, the presence of a strong competitor like Remittix becomes more meaningful. Remittix presents a serious option in the payments domain with its CertiK verification, working beta wallet, referral program and fundraising success.
If RTX gains momentum and captures utility demand, it might limit how far XRP can rise. Watching how markets allocate attention between XRP and Remittix will be key in Q4.
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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