One of the payments tokens that have garnered the attention of a cluster of market commentators, which is priced at around $0.078, is one of the most unrecognized tokens and now many are comparing it to the early days of XRP; behind this app is a project that is quietly racing towards an 18-million-dollar soft-cap, and larger caps are struggling to break out to new all-time highs.
What Makes a Seven-Cent Coin Worth Watching?
The mystery starts with the token in the cross-border finance. Similar to XRP in 2017, the asset addresses friction in the global settlements, however, by delivering cryptocurrency to bank accounts in less than ten seconds without using the classic correspondent network.
Since the chain burns gas fees with every transfer, supply will decrease as adoption increases, a deflationary mechanism that analysts believe will make price discovery fast once real-world volume goes into effect. Combine that with an initial value that was lower than many meme-coins and the course to at least reaching double-digits in price, at least on paper, does not seem quite as distant as the headline arithmetic might indicate.
Reading the XRP Playbook
Source: tradingview. XRP currently trades near $2.16
In 2017, XRP went up to several dollars, and this was due to the fact that it addressed a very understandable, bank-facing issue, namely that of slow, expensive international payments. The new token is a copy of that story, except that the first users will be retailers, freelancers, migrant workers, and e-commerce sellers, all of whom value speed more than settlement infrastructure.
XRP was a beneficiary of the massive expansion of the exchanges which added a tremendous amount of liquidity once they started carrying it; the 7-cent competitor will see the same inflection point when large exchanges list the pair later this year.
A Credible Road to Ten Dollars
To begin with, there is a limited supply and every transaction will burn tokens, so there is always a scarcity effect. Second, the project is completing the partnerships with cash-out operators in Asia and Latin America, those channels that transfer billions of dollars in remittances annually.
Third, it has beta testers who report almost immediate confirmations and sub-penny costs which are important metrics to regulators and users. The daily volume scaled into low millions, and with only the token burns, the market-maker books could be put into the eternal deficit, a mechanism that once made XRP experience the steepest spikes.
Remittix’s Sprint Toward the Finish Line
The token, powered by Remittix, has already raised over 15.7 million and is just under 2.3 million away from reaching its soft-cap. To fuel the last push, the team has rolled out a SPRINT50 program, which provides a 50 percent token bonus to new participants, an act to broaden the early holder base prior to the full release of the wallet in Q3 2025.
According to project leads, once PayFi corridors are live, every bank transfer will automatically burn a token plus a micro-fee to be directed to holders, an on-chain loop that will reward long-term commitment, not short-term speculation.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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