
After a tough and gruelling start to the ongoing bull market, it appears as though things are starting to pick up for Cardano, one of the top altcoins in the crypto market and a top ten cryptocurrency by market cap. Cardano has performed relatively well in past bull markets, and if its most recent market performance is anything to go by, it may be on course to extend that streak.
Analysts have now become convinced that Cardano could finally scale past the psychological $1 price mark after years of languishing below that value. At the same time, analysts remain confident in the ability of the upcoming payments token, RTX, to dominate the crypto charts when it eventually launches and achieve a meteoric price surge that sends its value surging towards the $4 mark.
The recent buzz around Cardano is proof that the crypto industry always finds a way to rally around its oldest and most popular members. Cardano, before the start of this week, had found itself in a rut in the market, languishing below several critical support levels as market interest seemed to move further away from academia and to other promising verticals, like DeFi and payments.
Despite that, Cardano has found a way to claw its way towards what analysts are calling the comeback of the century as the ongoing bull market enters its peak period. Whether or not the token can sustain its current momentum is another conversation on its own. But at the moment, things certainly look suitable for the crypto veteran.
Upcoming PayFi project, Remittix, is coming up on the $25 million mark in its ongoing presale as the demand for payment tokens continues to grow within the crypto industry. Remittix’s native token, RTX, has caught the eye of investors and analysts alike due to this, with the latter claiming that the token could emerge as the next 100x altcoin in the industry when it launches.
Remittix is also seen as a revolutionary project with the potential to transform global payment experiences. It is set to feature innovative services, such as:
Direct crypto-to-bank transfers in over 30 countries worldwide
20% referral rewards for onboarding new users
Support for 40+ cryptocurrencies and 30+ fiat currencies
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveawa
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.