Cardano (ADA) continues to test the patience of its holders as it struggles to stay above the $1 mark. With momentum fading and promises wearing thin, many investors are shifting their focus to a lesser-known altcoin priced at just $0.08.
Backed by real-world utility and rapid adoption, this emerging contender is now eyeing a potential surge to $5 by 2025.
ADA Price Struggles to Hold as Traders Seek Alternatives
Cardano (ADA) continues to struggle under the weight of market pressure, trading below $1 for what feels like an eternity to holders. After a sharp 5% dip on Monday, ADA Price edged another 1% lower by Tuesday, reinforcing a slow grind downward.
While Cardano News remains peppered with optimism, especially from co-founder Charles Hoskinson, traders are clearly losing patience. On a recent podcast, Hoskinson projected Cardano could outperform Bitcoin by 100x, or even 1000x in an extreme scenario, calling ADA a potential “yield layer” for BTC.
Still, short-term sentiment tells a different story. Derivative metrics show Cardano Price Today is being weighed down by increasing short positions and falling Open Interest, which dropped $230 million in just one week. ADA’s failed breakout attempt near $0.9187 and its rejection from the multi-month resistance trendline point to a possible drop to its 50-day EMA around $0.72.
MACD indicators flash sell signals, and RSI continues its downward slide toward neutral. Despite Hoskinson’s pitch for airdrop incentives from the Midnight (NIGHT) chain, enthusiasm is fading.
Frustrated holders are now looking at a promising $0.08 low cap crypto gem that’s showing signs of life and aiming for $5 by 2025. For some, the move from Cardano (ADA) to newer plays might just be the fresh start they need.
Remittix News: This $0.08 Altcoin Is Winning Over Cardano Investors
While ADA price stays stuck below $1, thousands of frustrated Cardano holders are setting their sights on Remittix, a rising altcoin priced at just $0.08. Built to fix real problems in the global remittance market, Remittix isn’t selling hype, it’s selling utility. The Ethereum-based project lets users send crypto and have it land as fiat in local bank accounts, often in seconds. No middlemen, no delays and no surprise fees.
Remittix is already making waves across Africa, Asia and South America, where freelancers and remote workers face steep fees just to access their own income. This isn’t a promise of future adoption. It’s already happening.
With over $17.6 million raised and a wallet beta now launching on September 15th, momentum is building fast. This is exactly the kind of breakout altcoin that tired ADA holders are betting on.
- Send crypto to 30+ countries with direct-to-bank transfers
- Wallet beta launches September 15th for early users
- Over $17.6M raised with adoption already underway
- Built to solve a $19T global payments problem
The project also just announced a $250,000 Remittix Giveaway, further fueling interest. For anyone who’s had enough of Cardano’s sideways price action, Remittix may be the smarter play for 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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