Cardano (ADA) Price Could Hit $5, But This Crypto Could Turn $1K Into $100K

Cardano (ADA) Price Could Hit $5, But This Crypto Could Turn $1K Into $100K
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Cardano price action is picking up in the second week of May, gaining almost 7% in the past 24 hours as of press time. Bullish estimates are tipping the Cardano price to hit as much as $5 this year, as a consequence of growing mindshare, DeFi integration, and upgrades.

However, savvy investors are increasingly looking at low-cap, early-stage blue chips that offer a significantly higher price ceiling than the most bullish Cardano price prediction, with newly-launched PayFi powerhouse Remittix gaining serious traction as its presale surges to new heights. 

Does the 7-cent altcoin Remittix (RTX) have huge potential?

Remittix (RTX) is an innovative crypto-to-fiat PayFi protocol enabling users to send seamless fiat payments to any bank account in the world through over 100 supported cryptocurrencies. The gateway features a 1% flat fee with 0% on foreign exchange transactions, offering near-instantaneous payments with enhanced privacy without the recipient ever knowing the payment was sourced from crypto. 

This game-changing value proposition is what analysts believe separates Remittix from Cardano. With RTX token prices available at an introductory presale price of just $0.0757, Remittix could turn in over 10x just by reaching $1. That’s well within the realm of possibility, considering its vast potential to revolutionize the trillion-dollar cross-border payments industry. Remittix could very well replicate the success of XRP if it manages to gain adoption.

Presale figures don’t lie. As of press time, Remittix has raised over $14.8 million and counting, demonstrating the early traction RTX has gained even before it goes on exchanges. Throw in high-yield staking pools with as much as 18% in APYs, zero vesting periods for presale buyers, and a green light from BlockSAFU, Remittix is looking every bit the superior choice for investors looking to maximize their capital. 

Cardano price looking ripe for a bounce

Cardano prices shot up 7% in the past 24 hours, per Coingecko, owing to strong technical indicators and on-chain signs of rising whale transactions. The recent Cardano price action could be an indicator of a rally waiting just around the corner. Cardano’s Relative Strength Index (RSI) surged to oversold levels as well,  indicating a rising confidence that could catalyze a run to $1.

Cardano RSI surges in the past 24 hours
Cardano RSI surges in the past 24 hours

The Cardano price pumped and held strong and blasted past the major support level of $0.68, trading at the $0.72 range. This suggests that bulls have successfully reversed the bearish trend that Cardano prices started off May with.

Cardano price prediction: Is $5 possible in 2025?

Long-term, $5 is definitely well within the frame. But is it possible in 2025? Despite its recent uptick, Cardano remains way below its September 2021 all-time highs of $3.09, and to believe Cardano could run to $5 as soon as this year doesn’t look likely unless a bull run of the ages happens. More realistic predictions peg Cardano to first claim and hold $1 to peaking at $2 to $3, but $5 is a mid-to-long-term analyst target that could come two to three years down the line. 

Cardano prices are recovering, but $5 is too tall of an order in 2025.
Cardano prices are recovering, but $5 is too tall of an order in 2025.

Remittix is more likely to outperform ADA in 2025

Remittix (RTX) blows Cardano out of the water as far as year-end predictions are concerned. Its revolutionary value proposition of enabling seamless crypto-to-fiat transactions has already gained traction as its presale continues to build towards fever pitch, and its current price of just $0.0757 offers limitless upside as a diamond in the rough compared to Cardano’s market cap, which restricts its potential to around 2x to 3x this year.

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

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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