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Remittix (RTX) is quickly becoming one of the top cryptocurrencies to invest in, surpassing established players like Litecoin (LTC) and Pepe (PEPE). This digital currency offers a cross-border payment solution that utilizes the PayFi model, allowing for fee-free crypto-to-bank transfers in over 30 different currencies.
Investors are showing strong confidence in Remittix, as evidenced by the $2.2 million raised in the ongoing presale. The price of RTX has already risen from $0.015 to $0.0193, and analysts predict a potential tenfold increase in value this quarter.
The Litecoin token is batting to hold the $100 level after a sharp decline on the weekly chart. CoinMarketCap data reveals the value of LTC has dropped by 1.6%.
Looking ahead, The Moon Show says Litecoin (LTC) must rise above the descending resistance line on the daily chart. After this level is broken, the analyst expects a steep rise in the price of the Litecoin crypto to $147. The analyst's chart highlighted a horizontal support around the $95 mark.
Losing this level could lead to a downtrend. Another expert, Tanxcrypto noted the Litecoin price might rise to $130-$160 as long as it remains above the 200-EMA. Meanwhile, Litecoin (LTC) celebrated a major milestone lately. The blockchain has crossed 300 million in the number of processed transactions.
The Pepe coin is one of the top memecoins that could rise to new heights in the coming weeks. An analyst called Chandler believes the Pepe price movement could mirror that of Shiba Inu's early days.
If this happens, the value of the memecoin might surge to $0.0002500. Another crypto enthusiast, Plazma pointed to a bullish Pepe price prediction from Coincodex. They forecasted the memecoin's price could surge by 3.5x to $0.00007 next month. However, Crypto Mechanic said the Pepe token must remain above the $0.000019-$0.000020 support to see an uptrend.
Unfortunately, CoinMarketCap data shows Pepe (PEPE) has dropped below the level. Its value has declined by 6.6% in the weekly timeframe. The cryptocurrency's price movement is mirroring the correction in the general market.
Remittix (RTX) is a new entrant in the crypto market and is already setting the pace for others to follow. This DeFi project has attracted much attention within the crypto community due to its unique concept of cross-border payments.
With Remittix, users can instantly convert over 50 cryptocurrency pairs to fiat and send money to any bank account globally. This revolutionary feature makes Remittix unique from other platforms such as Stripe and Wise, where users are charged hidden fees and take a long time to process transactions.
Being aware of the significance of trust and security, Remittix has passed through thorough audits by leading security companies, such as SolidProof and BlockSAFU. In addition, the team has shown long-term stability by locking liquidity pool tokens and team tokens for three years.
This strong base, along with the company’s unique technology and focus on users, has attracted a lot of investors. Remittix has raised over $2.2 million in funding in less than a month. It has sold over 131 million coins. For those looking for the next blue crypto, RTX is currently trading at $0.0193.
Remittix has seen tremendous growth during its presale, which places it on a strong footing to trail both Litecoin (LTC) and Pepe (PEPE). Following the release of its cryptocurrency ICO, Remittix has seen a quick turnaround in fast-growing interest. This DeFi project is looking beyond being a new addition in the market but as a challenger with potential for 10x returns.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
