On-chain metrics have reported a large number of liquidations on the Cardano ecosystem. It further stated that the whale’s liquidated funds were being quietly diversified into an emerging Payfi project called Remittix.
This large whale transfer comes after different Cardano price predictions forecast moderate gains in the coming months. The Cardano community is buzzing right now, as retail investors continue to ask questions about Remittix (RTX). Read On.
Cardano Price Prediction: Moderate Gains Ahead
The Cardano ecosystem continues to gain ground with its enterprise-grade DeFi, identity, utility, and a long-term sustainable roadmap. The ecosystem continues to record increasing developers’ activity, partnerships, and on-chain activity, bringing fresh capital.
According to charts, Cardano is within an approximate horizontal trend channel in the medium-long term, which indicates further development in the same direction. ADA is moving within a rectangle formation between support at $0.77 and resistance at $0.89. A decisive breakthrough in support or resistance will dictate the new direction for the currency.
In his Cardano price prediction, seasoned crypto analyst Ali Martinez stated that, as long as Cardano $ADA holds $0.80, a rebound to $0.95 stays on the table.
Source: Ali_chart via X.
While Cardano price prediction places ADA above $1 by the end of 2025, should market conditions remain favorable, investors aren’t impressed. The whales are investing in Remittix (RTX), a PayFi project positioned to disrupt the global remittance industry.
Remittix: The PayFi Altcoin Stealing Cardano’s Investors
Remittix (RTX) is positioned at the intersection of finance and blockchain, aiming to bridge a $19 trillion global remittance gap. It is a PayFi platform built on the Ethereum blockchain to facilitate cross-border crypto-to-fiat transactions in 30+ countries and supports 40+ cryptocurrencies.
Users send crypto converted with a live FX rate on the app and deposit it as fiat directly to bank accounts in 30+ countries. Remittix also has a business API targeting freelancers, SMEs, and marketplaces.
Remittix highlights:
- A full CertiK audit has been completed; liquidity and team tokens have been locked for three years.
- Users can earn a 15% reward for referring a new buyer to the presale (15% of the referral purchase back in USDT).
- Beta testing for the Remittix wallet is now live, with community users actively testing it.
- Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and remitters.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Source: https://coindoo.com/cardano-price-prediction-remittix-tops-trending-charts-worldwide-after-gaining-global-media-attention/
