The recent downturn of Toncoin has attracted attention of the market, yet there is another payments project, called Remittix (RTX), that has been passing under the radar but is gaining traction and may become the story of the year in 2025. As TON strives to clear critical chart thresholds, RTX is moving to a significant funding round and a live product release that could capture a massive market as a payments platform.
TON currently is trading at around 2.81, which analysts consider the final short-term support. The Relative Strength Index is at the neutral level, and Heikin Ashi candles are choppy, which suggests that bulls may be out of gas. According to crypto analyst Ali on X, $1.90 is an agent for TON currently.
The close under $2.70 would be a very bearish signal that would trigger an accelerated decline to the $2.50 level, or even as low as the $2.20 level, and would complete a bearish pattern that has been developing over weeks. The positive side of the story is that a convincing break above $2.80 with large volume would open a route to $3.40. Toncoin seems to be trapped in a lateral-to-downward trend until it happens.
Dogecoin and Shiba Inu continue to command social media feeds but both crypto assets are nowhere near their previous 2021 peak. With the past two years of slower growth, though, many traders are no longer content with memes: they want coins that can be used and have smaller floats and more transparent economics.
With meme mania wearing off, capitals seek ventures that can bring crypto into the mainstream, instead of solely depending on hype. Such a change of attention prepares the grounds to place newer, utility-oriented tokens in the spotlight.
As Toncoin dances around crucial support, Remittix (RTX) is sprinting forward due to a real-world purpose most tokens can only fantasize about. RTX is putting down a speedy crypto-to-bank bridge that will allow individuals to beam Bitcoin, Ether, or XRP directly into bank accounts in less than ten seconds--no service charges, no waiting upon business hours. Such obvious usefulness has prompted investors to flood in: almost 16 million is already invested and 547 million tokens have already been purchased, yet the price is still at only 0.0781.
Each transfer burns part of RTX permanently, creating a scarcity mechanism with each new user, making it impossible to create a meme coin with an automatically increasing scarcity. The Sprint to 18 M campaign leaves the project with less than 2 million dollars to reach its soft-cap target, and two payout corridors (Southeast Asia and Latin America) are to be launched shortly after the project starts.
In a situation where a mere fraction of the multi-trillion dollar remittance market passes through Remittix, the mere use of the service in regularity would provide steady upward pressure on price.
Toncoin needs to regain the level of $2.80 soon or risk further decline, and meme coins are trying to find new stories. Remittix, in its turn, has a low entry cost, in-built token burns, and a wallet that will allow moving cash in real-life. In case its launch process goes off without a hitch, then the RTX will eclipse Dogecoin, Shiba Inu, as well as an unpredictable Toncoin, by the time the year 2025 arrives on the calendar, and thus, the current price tag might be considered a one-in-a-lifetime deal.
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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