ADA’s price action is losing heat, and momentum has slowed, but interest in Cardano news remains high. Investors are watching ADA price movements and are gradually hunting for smaller-cap projects with fresh catalysts.

Remittix (RTX), an emerging PayFi solution, is stealing the spotlight with its unique presale model, utility, and renewed whale interest.

Cardano (ADA): Momentum Cools As Traders Wait For Catalysts

ADA price action is bearish-neutral, and rallies are fading near resistance. The whales buy the dip with less conviction.

A few hours ago, Whales_alert reported that 59 million ADA tokens worth over 50 million were transferred from Bitstamp to an unknown wallet.

Source: Whale_alert via X.

This massive transfer suggests a renewed whale or institutional accumulation. ADA price is bullish for supply dynamics, as sell pressure drops when funds move off-exchange.

Cardano still boasts of its research-driven, methodical upgrades and active staking base. However, the delayed scheduled upgrade is causing investors to lose interest. Whales are watching for assets with faster pathways to user growth and revenue.

Although Cardano remains a long-term pick for whales, investors looking for high potential are rotating into Remittix (RTX). Cardano needs a clear upgrade milestone or TVL surge to reignite the bullish trend. 

Remittix (RTX): Unique Presale Model With Real-World PayFi Utility

Remittix is built for everyday crypto-to-fiat payments. Users can send cryptocurrencies (over 40 are supported), which are converted with a live FX rate on the app and directly deposited into bank accounts.

The Remittix app will be launched in Q3 and feature real-time FX conversion, low fees, and staking for passive income potential. A business API also targets freelancers, marketplaces, and SMEs, with which they can integrate and receive crypto payments.

Remittix’s presale is structured to create demand, and according to its tokenomics, only 750 million RTX (50% of the total supply) are available on presale. Currently priced at $0.096, RTX has raised over $20.8 million in presale, with over 615 million tokens bought.

When the $20 million milestone was reached, Remittix revealed its first CEX listing, which will be on Bitmark. Also, when $22 million is raised, the second CEX listing will be revealed.

Presale Highlights:

  • A full CertiK audit has been completed; liquidity and team tokens have been locked for three years.

  • RTX is built for real-world utility, and a 100x is imminent as adoption increases. 

  • Users can earn up to 20% referral rewards by sharing the project.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice