- XRP trades below $3 amid Fed hawkish signals and $300M in profit-taking since midweek.
- Remittix presale hits $20.7M; wallet beta supports 40+ cryptos and 30+ fiat currencies.
- Investors shift focus to Remittix for real-world PayFi adoption and scalable cross-border payments.
XRP continues to struggle under pressure, trading below the $3 mark as hawkish signals from the Federal Reserve keep investors cautious.
Profit-taking activity has increased, with over $300 million realized in gains since midweek, pointing to a potential slowdown in XRP’s short-term momentum.
Meanwhile, Remittix (RTX) is quietly gaining attention as a utility-driven payment token, offering investors a real-world alternative to XRP’s remittance-focused network.
XRP profit-taking pressure signals market hesitation
Recently, XRP’s recovery attempt was interrupted by renewed market caution, fueled by hot inflation data and hawkish FOMC minutes.
Santiment data reveals a significant uptick in realized profits, highlighting that both long-term and short-term holders are offloading positions.
Exchange flows support this narrative, with Coinglass data showing net inflows to exchanges reaching $76.8 million, the highest since July 19.
Such a surge in inflows often corresponds to selling pressure, suggesting that XRP’s bullish attempts may remain constrained until external macroeconomic factors stabilize.
Remittix emerges as a strong payment token alternative
Having already raised a total of more than 20.7 million dollars and sold 614 million tokens, the Remittix has a price of 0.0969 dollars per token in a sign that its investors believe in it.
Why Remittix stands out
- Global Payment Focus: Designed for cross-border crypto settlements
- Wallet Beta Launch: Coming soon, supporting 40+ cryptos and 30+ fiat currencies
- Institutional & Retail Interest: Rapid adoption among early investors
- Second CEX Reveal at $22M: Building further liquidity and market visibility
- Scalable Infrastructure: Built to handle mass-market adoption beyond speculation
The project’s momentum continues to accelerate, with practical utility and institutional uptake giving Remittix a unique edge over XRP.
Its infrastructure allows for quick, secure payments across borders,…