Whales are diversifying into an emerging PayFi solution called Remittix, their footprint is getting too big to ignore. Over the past few weeks, whales have continued accumulating its token, RTX, dubbed “XRP rival.”
Remittix (RTX) is on its way to raising $20 million in presale; historically, heavy accumulations precede a breakout. With Remittix’s packed catalyst slate, tokenomics and several other factors, analysts believe it could outpace Ethereum.
Speed and cost are significant factors in cryptocurrency and fiat transactions. Ethereum was created to rival Bitcoin’s dominance based on these two factors. However, it has fallen short of expectations.
Transactions on the Ethereum blockchain are among the most expensive in the market, with high and exorbitant gas fees. This has thwarted the use of micropayments and remittances on the blockchain.
With the launch of Remittix (RTX, engineered for ultra-low fees and speedy transactions, it’s bound to be users’ top choice.
Currently, ETH price is trading in the green, which is attributed to the broader bullish market momentum. ETH is currently trading above $4,400, aiming for $5000.
According to on-chain data from Whales_alert, “23,592 #ETH worth over 104 million was transferred from Bybit to an unknown wallet.” This transfer screams accumulation or OTC activity a classic bullish or neutral signal.
Remember, ETH is the second-largest cryptocurrency with a market cap of over $532 billion. Its explosive potential is limited and a 2x in the short term is impossible.
Remittix (RTX) is an emerging small-cap project that, with all catalysts aligned, can easily flip 5x—10x. The experienced whales are aware of this and quietly accumulating, but their footprints are showing up.
Unlike general-purpose Layer 1 projects competing with Ethereum, Remittix (RTX) narrows the scope: fast transactions, cheap and reliable for crypto-to-fiat payments. Hereby, bridging a $19 trillion global payment gap between traditional payments and cryptocurrency.
Remittix highlights:
Discover the future of PayFi with Remittix:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway