Investors who had put $1000 into ADA during its 2020 dip walked away with a cool $100,000 when the asset reached astronomical heights in 2021. If you missed that historic Cardano price rally, don’t worry, because there are still 100x cryptos in the market.
Top crypto analysts forecast that Remittix (RTX), a novel PayFi token in the cross-border payments sector, will likely repeat the gigantic Cardano rally in 2025. Let’s find out why.
Analysts predict a 10,000% rally for Remittix (RTX)
This Ethereum-based altcoin is tipped to reward investors with 100x gains this year, thanks to its revolutionary crypto-to-fiat payment infrastructure and mammoth growth potential in the highly valued cross-border settlements and remittance economy.
Unlike crypto pioneers like XRP and XLM that offer crypto payment solutions to large financial giants, Remittix focuses on the average consumer and small business owners, closing a vital gap in the market.
To achieve this, the upcoming PayFi kingpin connects cryptocurrencies to everyday fiat accounts worldwide, enabling anyone to send money to banks across the globe using 50+ crypto assets and over 30 fiat currencies.
Furthermore, linking the crypto and fiat worlds eliminates the long processing times, high costs, and delays that come with traditional banking systems. Thus, users benefit from the speed of crypto and the convenience of fiat payment networks on a single platform.
It’s easy to see why market pundits posit that Remittix will disrupt the $750 billion cross-border payments market, sparking a 10,000% moonshot for RTX.
Cardano Price down over 76% from ATH
The 2021 Cardano trade in one of the most memorable in the crypto circles. This altcoin minted millionaires when the ADA price rocketed from its 2020 bear market lows in the $0.03 zone, pulling a 100x multiplier to reach an ATH of $3 in 2021.
Source: CoinMarketCap
That’s why the Cardano chart above looks like a mountain: smart money investors have been locking profits, crashing ADA over 76% from its ATH! But even at current rates, early Cardano backers and savvy whales who loaded up during the 2020 dip are still sitting at significant profits.
While the protracted profit-taking spree has been depressing the ADA price for a long time, the asset appears to have found a solid market footing in the $0.2-$0.3 zone, where it has been staging mini rallies in the past two years.
Will Cardano break the $1.3 resistance this year?
In its Q4 rally last year, the Cardano price managed to revisit its 2018 highs in the $1.3 zone. That’s a formidable monthly resistance and psychological barrier that analysts forecast ADA bulls may struggle to break in the foreseeable future.
Per CoinCodex, the Cardano price is forecasted to trade in a channel between $0.6 and $1.1. Changelly analysts are even more bearish, predicting ADA might struggle below $1 for the rest of the year.
Investors are lining up to score RTX
As Cardano struggles, ADA whales are noted to be among the top traders accumulating this presale gem like there’s no tomorrow. Excited investors have already accumulated over 532 million RTX in an insane buying spree that has pushed the Remittix presale past the $14.7 million mark.
At $0.0757, it appears attractively priced, but it’s just a matter of days before the price jumps to $0.0781 in its next presale round. Hurry up and load up your RTX bag while the price is still low!
Discover the exciting opportunities of the Remittix (RTX) presale today!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
