Remittix Raises Over $8.3 Million In As Avalanche And Kaspa Whales Rush To Enter ICO

The post Remittix Raises Over $8.3 Million In As Avalanche And Kaspa Whales Rush To Enter ICO appeared first on Coinpedia Fintech News

Crypto watchers were caught off-guard when major holders of Avalanche and Kaspa began shifting some focus to a rising project called Remittix (RTX). This Revolutionary PayFi altcoin breaks records by collecting over $8.3 million in its presale and selling over 380 million tokens and currently at $0.048 each. 

The big question is why are fans of Avalanche and Kaspa flocking to Remittix (RTX)? Read on to understand why the new PayFi project is generating so much buzz. 

Avalanche Loses Investors Interest 

Right now, Avalanche sits around $33.08, down -11.24% for the day but down -11% over seven days and -9% this month. Some saw Avalanche (AVAX) as a top contender in DeFi, yet daily swings suggest its momentum isn’t as strong as before. 

Even with past hype, Avalanche faces fierce competition. Some watchers note that altcoin investor interest can shift quickly if better-performing projects appear. While Avalanche introduced advanced features, it does not currently show the same spark it once had. 

As whales look for bigger opportunities, many now point to Remittix as a prime place to invest.

Kaspa’s Drawdown Signals a Sell Off

Kaspa has seen an incredible ride to the top; in fact, it was one of the most trending altcoins of 2024. But with the highs come the lows. 

The Kaspa price has been continuously declining in the last four months, with a weekly drawdown that has seen it fall over 5.4% in the last seven days.

While Kaspa enjoyed a good run in the first six months of 2024, its present monthly candle formation suggests it might be on a bearish trend. 

Remittix is Set for Explosive Growth 

Remittix (RTX) is redefining global payments by integrating blockchain technology with fiat transactions, offering fast and cost-efficient cross-border solutions. With support for over 40 cryptocurrencies, including Cardano, Shiba Inu, Dogecoin and Ethereum, the platform provides instant conversions into fiat currencies like USD and GBP, enabling seamless deposits into recipients’ bank accounts.

As a bridge between crypto and fiat, Remittix is the superior counterpart to traditional payment providers such as Stripe and Wise and crypto-exclusive platforms like Coinbase Wallet. Supporting 30+ fiat currencies and over 50 crypto pairs, Remittix ensures accessibility and inclusivity for businesses and individuals, simplifying global commerce with its extensive range of options.

Furthermore notable is the platform’s open flat-fee approach, which offers savings and transparency over exorbitant costs and inadequate exchange rates of conventional banks. This approach guarantees that the full amount sent reaches the recipient, making Remittix a game-changer in the payments industry, where shady practices are unfortunately all too common.

Currently priced at $0.0418 during its presale, the RTX token offers a compelling investment opportunity. Forecasts predict significant growth with a 25x multiplier expected in the presale phase and over 1,500% gains after launch, as demand for innovative cross-border payment solutions continues to rise.

Remittix offers investors a chance to interact with a project with high growth potential at an earlier stage as the bitcoin market develops. RTX might not only equal the success of other top altcoins but also alter the benchmarks for blockchain-based financial solutions with increasing acceptance, a solid basis and evident market demand.

Discover the future of PayFi with Remittix by checking out their presale here:

Website:https://remittix.io/

Socials: https://linktr.ee/remittix