Bitcoin is back in the spotlight, soaring past $90,000 and sparking a surge of smart-money interest across several top altcoins. On-chain data reveals that whale wallets are shifting capital into Bitcoin (BTC), AI-focused Bittensor (TAO), and Polygon’s revamped POL token—while a PayFi presale token called Remittix (RTX) is rapidly selling out at $0.0757. Let’s break down what’s driving each of these assets and why some analysts believe RTX could soon outshine today’s leading altcoins.
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Bitcoin Hits $90K: Short Squeeze Triggers New Rally
Bitcoin now hovers around $90,877, climbing over 5% in five days. A negative perpetual funding rate indicates that short sellers are paying longs, hinting at a possible short squeeze that could push BTC even higher.
Adding fuel to the rally, $380 million flowed into U.S. spot BTC ETFs on Monday—the largest single-day inflow since January. While BTC remains 5% down year-to-date, it’s recovered sharply from April’s 30% dip, reinforcing its resilience versus equities. This strong institutional demand and pressured short positions create fertile ground for capital to spill into the altcoin market.
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TAO: AI-Powered Altcoin Gains Whale Interest
Bittensor (TAO) is trading around $342.10, with whale chatter erupting after Digital Currency Group’s Barry Silbert defended it against scam accusations. TAO’s appeal lies in its Bitcoin-like fundamentals—a capped 21M supply and a halving mechanism—as well as the $8M Grayscale Bittensor Trust backing it.
Despite volatility (it surged to $700 twice in 2024 before falling to $200), whale inflows signal growing conviction. If TAO’s decentralized AI marketplace gains traction, it could follow a similar growth arc as Bitcoin in its early days.
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POL: Polygon’s Upgrade Token Targets 2025 Rally
Polygon’s new POL token trades around $0.2167, having reclaimed the key $0.20 level. Designed to replace MATIC as the network’s gas and staking token, POL could become a next-gen governance asset for Polygon’s expanding roll-up ecosystem.
Analysts see $1.57 as a realistic 2025 target if adoption grows. Currently, POL is consolidating, but steady whale accumulation suggests a breakout may be on the horizon once Bitcoin stabilizes.
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Remittix (RTX): PayFi Presale with Real-World Utility
Remittix (RTX) is making waves in presale, having raised over $14.5 million with more than 527 million tokens sold. Priced at $0.0757, RTX tackles a real problem: cross-border payment inefficiencies.
Consider Maria, a nurse in Lagos earning 500 USDT from telehealth gigs. Instead of losing 8% to fees and waiting days, she uses Remittix’s PayFi system to convert USDT to naira and deliver funds to her parents in 24 hours—with minimal cost and no crypto exposure.
The platform's merchant API allows global e-commerce sites to accept BTC, TAO, or POL and settle in 40+ fiat currencies instantly. With three-year liquidity lock and contract renouncement post-sale, Remittix shifts governance to its holders.
Every transaction applies buy-side pressure on RTX, creating a deflationary flywheel that could exceed 130× growth, according to crypto community buzz. Its real-world value proposition sets it apart from hype-driven projects.
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Why Remittix May Be the Next Breakout
With Bitcoin’s surge above $90K igniting a fresh altcoin rotation, whales are moving into emerging narratives. While TAO and POL are strong contenders, Remittix’s practical use case and growing presale momentum make it a standout.
If history repeats and strong narratives ride Bitcoin’s bullish cycles, RTX could be the next top altcoin to watch.
