After a string of poor performances in the crypto market in subsequent weeks, Cardano could be on course for a much-needed price correction heading into the new week. The current sentiment among crypto analysts is that the token could embark on a price rally that sends it above the $1 mark, a region that has proved unattainable for the token in recent years.
Meanwhile, the upcoming payment token, RTX, has continued to impress figures within the cryptocurrency industry. Analysts have remarked that the token’s recent milestone achievement, crossing $25 million in presale, has not gone unnoticed in the industry, earning it comparisons to payments category leader, XRP.
An unexpected resurgence in the market may be on the cards for Cardano, a top ten cryptocurrency by market cap. Analysts are now predicting that Cardano could enjoy a price rally in the coming weeks that finally sends it past the psychological $1 mark.
The news comes as a bit of a surprise considering the token’s performance in the market recently. Furthermore, investor behaviour in the ongoing cycle has been tailored towards upcoming narratives like payments and stablecoins, rather than towards market veterans.
Analysts, however, have become convinced that Cardano could become the exception to this behaviour. Whether or not they are right, only time will tell.
Upcoming PayFi giant, Remittix, has come off the euphoria of its recent milestone achievement of crossing $25 million in its ongoing presale by launching a brand new rewards program for token holders.
To participate, existing users and token holders simply need to refer people to the Remittix presale. For every token purchase made from a referral, a user stands to earn 15% of the figure in USDT rewards. These rewards can be instantly paid out, and there is no cap on how much a user can earn.
Remittix has caught the eye in the crypto industry thanks to its position at the intersection of traditional and blockchain payments. The project is expected to include innovative features, such as:
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-giveaway
The post Cardano Could Top $1 In September As Remittix Becomes Called XRP 2.0 After Trending Worldwide On Crypto Outlets appeared first on Blockonomi.
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