Trump’s inauguration, which is believed to usher the US into a government that favors cryptocurrency, is said to have sparked a rally in the price of Ethereum. It has also prompted savvy investors to go on a hunt for ERC-20 coins well positioned to rally as the event unfolds. 

Among such promising ERC-20 coins, the newcomer known as Remittix (RTX) appears to have garnered more attention. With ETH whales reportedly investing in its token presale, let's find out what benefits they stand to obtain in the long-run.

Ethereum Shows Signs of Recovery; Aims At $3,50

Recent statistics show that Ethereum experienced a lengthy descent earlier this year but is now beginning to recover, as we draw closer to the highly anticipated US presidential inauguration. In the last two days, the price of ETH surged by 3.59% to a current value of $3,272.58. This recovery indicates that keeping Ethereum above $3,108 makes sense, as it is currently holding steady at that level.

The recent price increase has sparked optimism, pushing ETH closer to another important level at $3,265. If it breaks through the next major resistance at $3,500, it could rise even further. Long-term, $3,700 is a key level to watch for a full recovery.

Currently, the Relative Strength Index (RSI) is at 47, indicating neutral momentum, but the recent gains suggest a shift toward a more positive outlook. Trading volume has also increased slightly, showing that buyers are stepping in to support ETH. 

Remittix Captures Attention of ETH Whales

As ETH whales begin to scoop up this ERC20 token, RTX, the potential for growth in the crypto space becomes increasingly evident. But what makes it so attractive to these big investors? Remittix stands out as a transformative solution, paving the way for a future where financial empowerment, reliability, and transparency are accessible to everyone, irrespective of their location or economic status.

Remittix maintains a very simple and streamlined approach in working with its users. According to its own description, crypto payments are simplified by a bank transfer to the recipient. In this case, the user which is sending the payment does not have to worry about how it will appear for the recipient. This allows people to have the freedom to control their finances in a way that many traditional systems would not allow.

Interestingly, Remittix also helps to strengthen people’s businesses by granting them merchant accounts that enable them to have full control over crypto conversion and how to cash out their crypto assets. There is also the option to receive payment in more than 30 fiat currencies as well as more than 50 cryptocurrency pairs which give the businesses great flexibility in choosing how they manage their transactions.

Excitement is really building in the crypto world as the token presale for Remittix gains momentum, raising over $2.4 million so far. With more than 144 million tokens sold, the current price of RTX is $0.0199, and it's expected to rise to $0.0207 soon. 

Many believe this presale is a golden opportunity, especially with speculation that by the end of the token presale, it might have surged by a staggering 800%. Alongside its potential gains, users can also enjoy the use of stablecoins to help bypass the volatility typical in the crypto market, making it easier to convert to regular money without losing value.

As the Remittix token presale continues and the launch of the RTX token on major exchanges and Uniswap approaches, the buzz around this project is growing. With the added incentive of a $250,000 giveaway, interest in Remittix is heating up, making it an appealing option in the trending ERC20 tokens list poised to deliver impressive gains.

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

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix