The crypto market turned the corner after the US-China tariff drama. Bitcoin price has gotten back on the solid path to reclaim the $100k psychological zone after more than two months of consolidation. XRP price’s momentum mirrored the renewed sentiment, with many analysts predicting its return above $3.
Another altcoin that analysts have been tipping to follow in XRP’s suit before the next alt season is Remittix. This rapidly growing cross-border remittance protocol and its crypto-to-fiat PayFi solution have raised massive interest, raking in over $14.7 million in presale funding. Many dubbed it the “regulatory compliant XRP.” Read on to learn why.
Bitcoin Price to Push Above $100K as Dominance Grows by 64%
Bitcoin’s price came back swinging, and this time, its dominance has soared to a new four-year high of 64%. The growing preference for Bitcoin as a safe store of value has positively impacted its momentum. This month alone, Bitcoin’s price gained a whopping 15% after rising above $97k. Many analysts believe the $100k psychological level should be the next resistance.
It’s a no-brainer! Institutional interest in Bitcoin has been more than impressive. Recently, a prominent Bitcoin treasury and software provider, Strategy, bought up to 15355 BTC and later posted missed earnings for the year. Meanwhile, another Bitcoin treasury, Adam Back-backed TBG, has outlined plans to acquire 260,000 Bitcoin by 2034. Spot Bitcoin ETF demand also recorded eight days of consecutive inflow that amounted to $4 billion.
XRP Price Targets $3 Despite Concerning On-chain Metrics
The bullish momentum has rippled through Ripple. Although on-chain metrics and network activities have been really unimpressive, the XRP price is pushing toward the $3 level. According to reports, the volume of payments between accounts reached more than 800 million XRP in early April but fell to 527 million XRP later in the month. But the setback hasn’t deterred XRP maxis and expert analysts from their lofty predictions for the cross-border remittance network.
An X analyst, Anna, highlighted the possibility of the XRP price reaching $3.3 after spotting a bullish falling wedge pattern. However, the institutional interest that sprang up from XRP’s ETF prospects has buoyed positive sentiment. Just recently, the SEC greenlit three XRP futures exchange-traded funds (ETFs) by ProShares—a move that could hasten the approval of the spot alternatives.
Remittix Signals a 1,000% Surge with Unrivaled Solutions to Cross-border Payments
Ripple’s nascent days were jaw-dropping as market participants spotted its vast potential in the $190 trillion remittance market. However, its regulatory tussles almost cut the dream short. Remittix has emerged as an excellent alternative that offers a regulatory-compliant, decentralized crypto-to-fiat payment solution.
Remittix’s PayFi solutions leverage blockchain technology to provide the most secure, fastest, and cost-effective way to send money globally. Its cryptographic encryption and a decentralized ledger to verify transactions help cut down the shortfalls of traditional remittance networks.
Furthermore, Remittix’s PayFi API allows businesses to accept crypto payments as a reliable and viable payment method. This innovation is the tiebreaker for companies seeking to remain ahead of the market curve. The best part is the anonymity. Do you want to send money without revealing your identity? Remittix allows users to send crypto assets and receive them in any fiat currency.
It’s easy to see why analysts are backing Remittix to mirror XRP’s sturdy performance. Its ongoing presale has already raised over $14.7 million. The demand has been terrific; thousands of investors are still scrambling to snap up RTX at just $0.0757.
Conclusion
XRP aims to surpass a critical support level of $2.5 as the Bitcoin price moves towards the $100,000 level while striving for more gains. However, Remittix has been the star of the party, raising over $14.7 million and selling over 532 million tokens in record time.
The FOMO has been deafening, especially when the project promises early backers staking opportunities and a cut from the ongoing $250,000 giveaway.
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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