XRP price action slipped to $2.13 to start May off on the wrong foot, causing a quick cascade driving XRP prices lower. Long positions on XRP were wiped out, as traders exited. Not an ideal start to the month for XRP bulls. But everyone who’s already made money from trading XRP over the past year is already looking for XRP 2.0—or the next protocol with the potential to revolutionize banking and finance as we know it.
And based on early presale returns, XRP 2.0 could very well be the newly launched PayFi protocol Remittix (RTX). With its ability to enable seamless global crypto-to-fiat transactions to any bank account in the world, Remittix is in the frame to outperform XRP in 2025 altogether.
Remittix (RTX) presale drawing in the whales with $14.6 million raise
The biggest ROIs in crypto are from backing early-stage gems with 100x potential as XRP once delivered for its earliest proponents that have held all the way through. While XRP is no longer expected to recreate its meteoric rise from its listing price of $0.10 in 2012 to its current $2.20 valuation, a project that ticks the boxes that XRP once ticked can.
And that’s exactly what new PayFi protocol Remittix has to bring to the table with the launch of its long-awaited presale. Remittix is, after all, merging crypto and TradFi by enabling users to perform fiat payments in over 100 crypto pairs, streamlining the circuitous crypto-to-fiat conversion, with faster settlement times, low fees, and increased privacy.
Remittix presale kicks into full gear. Source: Official website
Thus far, its native token RTX has raised a sensational $14.6 million, indicating growing traction among savvy investors. With up to 18% in APY from staking incentives and a BlockSAFU audit already signed, sealed, and delivered, the Remittix presale offers tantalizing potential to perform as well as XRP did at a discounted presale price of just $0.0757.
DONT MISS OUT! 🔥 Remittix 🔥 THIS CRYPTO IS SET TO EXPLODE!!
XRP price action floundering to start May
XRP entered May with a sudden drop to $2.13, sparking fears of the XRP price rally ending. While XRP has since recovered critical support at $2.20, trading at $2.23 as of press time, observers noted that the recent spate of trading volume could indicate a shakeout of weak hands ahead of a reversal in the works.
The sudden standstill came as a surprise even when most traders were expecting continued progress in light of the US Securities and Exchange Commission putting its legal wrangling with Ripple Labs on hold. Nevertheless, if XRP prices manage to hold up at $2.20, it could be indicative of another run to $3.
XRP monthly chart. Source: CoinMarketCap
Remittix: XRP 2.0 could be in for parabolic growth in 2025
XRP price action may be the center of attention, but the smart money is already looking for the next 100x. Rather than counting on another XRP pump, which has already done past a 6x earlier this year, the action is moving to Remittix. If Remittix manages to capture just a drop of the $100 trillion global payments industry, RTX could witness parabolic growth this year—and blow XRP’s potential growth in the same time frame out of the water.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
