Cardano (ADA) and Remittix (RTX) Are Two Altcoins Quietly Gaining Ground While Providing Real-World Utility

These cryptos might not dominate headlines daily, but their recent developments, especially Remittix's presale, indicate they are potentially undervalued.

In a market saturated with hype and overblown promises, Cardano and Remittix are two altcoins that are quietly gaining ground while providing real-world utility. These cryptos might not be dominating headlines daily, but recent developments, especially with Remittix's presale, suggest they could be undervalued. Let's explore whether these projects merit the attention of savvy DeFi investors.

Is Remittix Deserving Of The Title Of PayFi’s Best Crypto?

Considering the current state of the market, generating over $15 million in a presale isn't merely impressive; it's a clear indication that Remittix has managed to capture attention in all the right ways. It marks the project's strong entry into the fast-growing PayFi space, where innovation and trust are in high demand. For investors to commit such a substantial amount of money to a new project, there must be something truly remarkable about it.

In this case, it is Remittix's bold mission to overhaul the way international remittances work. While legacy systems remain tangled in fees, delays, and third-party hold-ups, Remittix offers something refreshingly different. It cuts through the noise with fast, low-cost transfers and supports over 40 cryptocurrencies alongside 30 fiat currencies. This kind of range gives users more control and choice, regardless of whether they're sending money across the world or just next door.

One of the most appealing features is the platform's Pay API, which is designed specifically for enterprises and merchants. It enables seamless global payments without the need for intermediaries. Every transaction comes with a flat 1% fee and zero foreign exchange charges. This means there are no hidden costs, no hoops to jump through, just clean, efficient movement of money.

ADA Might Be On Its Way To Hitting The Coveted $1 Mark

On May 9, ADA finally broke through a persistent resistance level at $0.75, a barrier it hadn't surpassed since March 9 earlier this year. That day, Cardano closed at $0.7774 as it slipped past the 23.60% Fibonacci mark at $0.7593. During those months of sideways movement, ADA carved out an inverted head and shoulders pattern.

Usually, this pattern is a classic signal that hints at a possible shift in a token's momentum. ADA's breakout of this setup puts it on track to reach a target around $1.08, which aligns neatly with the 50% Fibonacci retracement. This is a huge sign that a potential 30% climb from ADA's current levels is very likely.

ADA's price action has also edged above the 200-day EMA, which suggests growing long-term strength. All three EMAs like the 50, 100, and 200 are now tilting upward meaning there just might be an impending bullish crossover. Some analysts, like Ali Charts on X, say that if ADA clears the $0.81 resistance next, the $1 mark might just be within reach. This price prediction, alongside ADA's recent integration into the Brave browser could be the reason for the token's latest surge.

Conclusion

Both Cardano and Remittix present interesting investment opportunities in the altcoin space. However, Remittix is currently making headlines with its presale which has managed to raise over $15 million. The project's RTX token is still available for purchase at $0.0757. Investing in RTX early would be the best way to enjoy the most astronomical gains later.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix