Lately, some of the most active wallets on the Cardano and Solana networks have been quietly stocking up on a little-known altcoin called Remittix (RTX). This update has sparked curiosity among investors. They are eager to find out what these Cardano and Solana investors see in RTX that others are missing.
Remittix is notable for offering a fast, low-cost way to send crypto directly into any bank account worldwide. Moreover, there are no hidden fees or third-party intermediaries. Interestingly, there’s still more to gain from this new platform aside from these. Keep reading to find out.
Path to $1? Analyzing Potential Breakout Scenarios for Cardano
Cardano (ADA) has been thriving in the crypto market lately, rising over 17% this week to a current price of $0.7215. After starting the week stable, Cardano broke resistance at $0.68 mid-week. Investor interest is also growing. Creating more wallets and transferring over $16 million to cold storage signals increased confidence.
Meanwhile, on the charts, as Cardano nears key price levels, a breakout above $0.77 could push it toward $1. With strong technical indicators and rising buyer interest, the market sentiment looks optimistic. Some experts also predict a rise to $4 in the coming months.
Solana Price Rises as SOL Strategies Raise $500M for Staking
Canadian crypto firm SOL Strategies has raised $500 million through a convertible note deal with ATW Partners to acquire Solana. It has reportedly contributed to the recent 14% surge in Solana’s price to $154. The deal, closing on May 1, includes $20 million upfront and the potential for $480 million later.
SOL Strategies, listed on the Canadian Securities Exchange and OTCQX, plans to list on Nasdaq while leading in Solana staking. CEO Leah Wald highlighted it as “the largest financing deal in the Solana ecosystem related to staking yield.” The company’s commitment to becoming the top institutional staking platform is expected to have a significant impact on Solana’s price.
Remittix: Solving Real-World Payment Challenges with Crypto
Remittix isn’t just another token with a catchy name; it’s a project designed to address real payment issues. Essentially, it enables users to send money directly to bank accounts globally using cryptocurrency. Whether you’re sending funds to the U.S., Europe, Asia, or elsewhere, all you need is your crypto wallet. There are no middlemen, currency exchange problems, or expensive wire fees.
But Remittix isn’t stopping at remittances. According to its roadmap, the project is laying the foundation for a much larger ecosystem. Plans include launching its crypto wallet, listing on centralized and decentralized exchanges, and launching a global marketing push for awareness.
What’s getting some investors even more excited is the token supply model. Remittix has a hard cap of just 1.5 billion RTX tokens. It has set aside half of them (50%) for the presale. The project has strategically divided the rest between marketing, exchange liquidity, development incentives, and user rewards.
RTX Presale Update: Nearly 60% Sold Out, Over $14.5 Million Raised
At the time of writing, RTX is selling at $0.0757. Nearly 58% of the presale tokens have raised over $14.5 million. The price will increase to $0.0781 soon, which is why many are participating now.
To make things even more exciting, Remittix is running a $250,000 giveaway. It will reward ten lucky participants with $25,000 each in RTX tokens for joining and sharing the presale.
You don’t have to be a crypto expert to get involved with Remittix. The buying process is designed to be easy and user-friendly for everyone. Users simply connect their wallet, select to pay with ETH, USDT, or a credit or debit card, and confirm the transaction. That’s all!
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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