Could We Be In for a Crypto Crash As Attention Turns Towards Remittix Over Avalanche and Ethereum
Volatility has always existed in the crypto market; however, current changes in investor attitude are triggering fears of a possible market crash.
Volatility has always existed in the crypto market; however, current changes in investor attitude are triggering fears of a possible market crash. Now, attention is quickly moving to Remittix (RTX), a rising presale star that's causing ripples in the market as Avalanche (AVAX) and Ethereum (ETH) lose steam.
Although market analysts like CryptoELITES and Wolf have made bold price predictions for AVAX and ETH, investors are focusing on RTX instead. This new project aims to redefine the cross-border payments market. Mordor Intelligence predicts this market could be valued at $295B by 2029. Therefore, investors are looking at RTX for its higher upside potential in the long run.
Remittix (RTX) Gains Attention Amid 32% Price Increase
While Avalanche (AVAX) and Ethereum (ETH) are showing some red price charts, Remittix (RTX) is making a name for itself. It is seen as one of the best new ICOs as it has achieved major milestones. For instance, Remittix raised over $2.4 million and saw seven price increases in three weeks. Since this presale is still in its early stages, these numbers will continue growing.
Interest in Remittix is high as it aims to launch an innovative crypto-to-fiat platform that stands out from Stripe or Wise. Notably, users will get to swap 40 different crypto coins for fiat currencies like EUR or USD and then send them to any global bank account. Additionally, Remittix will implement no extra charges for FX, wires, or hidden costs.
At the core of this platform will lie the RTX native token. Holders of this crypto coin will get governance voting rights and staking rewards ranging from 4% to 8%. These benefits are appealing as over 3,800 people have bought RTX so far. One RTX costs just $0.0199, a 32% increase from its starting price.
The next block of tokens will cost $0.0207 and many expect that price to increase within the next 48 hours allowing shrewd investors to pocket quick gains. Alongside this many anticipate that Remittix’s price will explode following its successful coinmarketcap listing!
Avalanche (AVAX) Could See a Bullish Price Movement Soon, Analyst Claims
Avalanche (AVAX) is one of the top crypto coins, but some red price charts have recently been seen. CoinMarketCap shows that the price of Avalanche has fallen nearly 10% in the past week alone. During that time, its value moved between $40 and nearly $36.
However, the crypto community is still showing some interest in Avalanche (AVAX). Recently, market expert CryptoELITES made an X post saying that this altcoin shows some strong potential. As an Avalanche price prediction, he foresees three targets: $80, $150, and $320.
Although this price prediction has excited some traders, many are still cautious. Since the Avalanche market cap now sits at $25B, this token needs a lot of new money for its value to grow. Therefore, investors are switching their focus to tokens like RTX.
Wolf: The Price of Ethereum (ETH) May Soar to New ATHs
Ethereum (ETH) is another crypto coin showing some volatility. On the one-week chart, its value has dropped from around $3,500 to below $3,200. In other words, nearly a 10% drop for the Ethereum coin, as per CoinMarketCap.
But market analyst Wolf has made a bullish Ethereum price prediction. According to his X post, this token will likely see no more downside. He predicts that Ethereum (ETH) may even soar to a new ATH soon, which means a rise above $3,610.
However, some investors are sidestepping the Ethereum crypto as it has soared over 40% on the YTD chart. In other words, its highest upswings may have already passed. Thus, they are looking at crypto coins like RTX instead.
Can Remittix (RTX) Outshine Avalanche (AVAX) and Ethereum (ETH)?
While Ethereum (ETH) and Avalanche (AVAX) could see price rebounds soon, Remittix (RTX) is also in the limelight. This project will introduce groundbreaking technology that could disrupt the cross-border payments market. Its smaller market cap could give it faster price growth than the rest. Thus, RTX could be one of the best cryptos to keep an eye on this cycle.
Join the Remittix (RTX) presale and community:
SNEKbot by DexHunter on CARDANO
Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!
