Cryptopolitan
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Ripple Price on Track to Hit $3 in the Next Few Days but Traders Tip Remittix As the Better Buy!
Ripple’s native token, XRP, is currently priced at $2.23 and will jump to $3, according to bullish market commentators. Ripple Labs also hasn’t slacked off in expanding the RLUSD ecosystem with the addition of companies like Revolut and Zero Hash to fuel real-world applications.
Such positive news aside, however, more traders now have eyes on a rising star among altcoins by the name of Remittix (RTX), currently priced at $0.0734, having raised a net of over $13.7 million and selling 516+ million of its coins. Analysts project that RTX will provide bigger returns in the long term since it tackles cross-border payments head-on.
XRP’s Way to a $3 Rally
XRP close to $3. Source: CoinGecko
Ripple Labs introduced the RLUSD to provide more liquidity to the AMM of the XRP Ledger. They also listed RLUSD on platforms such as Revolut and Zero Hash to expand exposure to the markets. More users, especially institutions, will be drawn to using the XRP with more widespread use of the RLUSD. With the AMM now live on mainnet, the goal of the XRP is to provide traders with the opportunity to use a decentralized exchange without having to leave the Ripple ecosystem.
Experts feel that such gains have the potential to drive XRP past $3 in the short term, a significant jump from its current price of around $2.23. They argue that if the traction that RLUSD gains, the liquidity of the XRP Ledger will grow exponentially, fueling more volume and price of the asset.
Few people subscribe to the idea fully. They note that the token of Ripple too, has had its share of ups and downs with regulatory issues and that a short-term spike to $3 could rest on the overall crypto sentiment being positive. That is, if the sentiment gets muted or macro issues resurface, the run of the asset could taper off.
Why Traders Are Switching to Remittix (RTX)
Whereas others call for a price of $3 for XRP, most traders currently prefer the Remittix (RTX), priced around $0.0734, with over $13.7 million in investment. While XRP targets bigger platform contracts as well as advanced features like AMMs, Remittix is geared toward average people as well as businesses that need faster, cheaper ways of transferring money across the world.
As an illustration, imagine a Filipino freelancer needs to have money paid to him promptly by a client in Europe Remittix (RTX) automatically converts crypto (e.g., BTC, ETH or XRP) to local money, usually within a 24-hour period or faster, straight into a regular bank account.
That simple process has a lot of appeal to those who do not want to be burdened with wire process length or high remittance fees. Traders see that as a real-world, practical solution that could continue to grow even if short-term news-based coins stall. In addition, Remittix offers locked team tokens and a fixed contract, making the risk of scam minimal.
If the project could successfully ally with payroll companies or electronic commerce sites, user acceptance could increase, potentially surpassing coins that base themselves on short-term news or step-by-step development.
Conclusion: Direct Use versus Network Add-Ons
Briefly, XRP will hit $3 due to RLUSD listings and the addition of new AMM features to the XRP Ledger. Still, most of the traders mention that Remittix (RTX) with its easy real-world application may ultimately prove a better buy. At a price of $0.0734 with $13.7 million in funds, RTX resolves easy real-world problems and it takes a long-term lead over hype or extensions.
Ready to Check Out Remittix?Website: https://remittix.io/Socials: https://linktr.ee/remittix
Such positive news aside, however, more traders now have eyes on a rising star among altcoins by the name of Remittix (RTX), currently priced at $0.0734, having raised a net of over $13.7 million and selling 516+ million of its coins. Analysts project that RTX will provide bigger returns in the long term since it tackles cross-border payments head-on.
XRP’s Way to a $3 Rally
XRP close to $3. Source: CoinGecko
Ripple Labs introduced the RLUSD to provide more liquidity to the AMM of the XRP Ledger. They also listed RLUSD on platforms such as Revolut and Zero Hash to expand exposure to the markets. More users, especially institutions, will be drawn to using the XRP with more widespread use of the RLUSD. With the AMM now live on mainnet, the goal of the XRP is to provide traders with the opportunity to use a decentralized exchange without having to leave the Ripple ecosystem.
Experts feel that such gains have the potential to drive XRP past $3 in the short term, a significant jump from its current price of around $2.23. They argue that if the traction that RLUSD gains, the liquidity of the XRP Ledger will grow exponentially, fueling more volume and price of the asset.
Few people subscribe to the idea fully. They note that the token of Ripple too, has had its share of ups and downs with regulatory issues and that a short-term spike to $3 could rest on the overall crypto sentiment being positive. That is, if the sentiment gets muted or macro issues resurface, the run of the asset could taper off.
Why Traders Are Switching to Remittix (RTX)
Whereas others call for a price of $3 for XRP, most traders currently prefer the Remittix (RTX), priced around $0.0734, with over $13.7 million in investment. While XRP targets bigger platform contracts as well as advanced features like AMMs, Remittix is geared toward average people as well as businesses that need faster, cheaper ways of transferring money across the world.
As an illustration, imagine a Filipino freelancer needs to have money paid to him promptly by a client in Europe Remittix (RTX) automatically converts crypto (e.g., BTC, ETH or XRP) to local money, usually within a 24-hour period or faster, straight into a regular bank account.
That simple process has a lot of appeal to those who do not want to be burdened with wire process length or high remittance fees. Traders see that as a real-world, practical solution that could continue to grow even if short-term news-based coins stall. In addition, Remittix offers locked team tokens and a fixed contract, making the risk of scam minimal.
If the project could successfully ally with payroll companies or electronic commerce sites, user acceptance could increase, potentially surpassing coins that base themselves on short-term news or step-by-step development.
Conclusion: Direct Use versus Network Add-Ons
Briefly, XRP will hit $3 due to RLUSD listings and the addition of new AMM features to the XRP Ledger. Still, most of the traders mention that Remittix (RTX) with its easy real-world application may ultimately prove a better buy. At a price of $0.0734 with $13.7 million in funds, RTX resolves easy real-world problems and it takes a long-term lead over hype or extensions.
Ready to Check Out Remittix?Website: https://remittix.io/Socials: https://linktr.ee/remittix
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.