Remittix Emerges as Whale Favorite With a Massive 1,000% Projections

In recent weeks, the crypto market has regained its explosive status, and during this recovery, crypto whales have been strategically accumulating select altcoins.

Recent weeks have seen the crypto market regain its status with explosive price action and during this recovery, crypto whales have been strategically accumulating select altcoins.

Remmitix, Pi Coin, and VeChain recently experienced a surge in transaction volume as these high-net-worth market participants created footprints in the market.

Remittix, in particular, has seen its trading inflows rocket past $15 million with more than 534 million tokens sold. Nonetheless, this analysis examines what could be next for these projects and if they present a buying opportunity.

Remmitix emerges as whale favourite with a massive 1,000% projections

Remittix is fast becoming a favorite among seasoned investors, especially whales from the VeChain and Pi coin communities, who have a keen eye for identifying strong early-stage plays.

After all, Remmitix is built with a clear purpose: tackling the outdated systems behind international money transfers. Its PayFi protocol connects global payment networks with numerous blockchains. This utility allows anyone to send crypto or fiat to any bank account in the world. The transactions are near-instantaneous, and the associated fees are much cheaper than available alternatives like Western Union, and the process is more efficient.

Remmitix’s presale success speaks volumes about market confidence. In just weeks of its launch, $15 million in inflows have been accumulated, and more than 534 million tokens have been sold. Early backers are already sitting on gains of up to 580% profit, which proves crypto whales are already noticing its potential.

The starting price of $0.015 has already surged to $0.0757, yet analysts say this is only the beginning as it prepares for its next 1,000% rally.

VeChain excites investors with upcoming upgrade as technical patterns align

VeChain is building a bullish case, which has excited investors. For one, the VeChain community is moving closer to launching its “Stargate” protocol update.

This upcoming rollout forms part of the VeChain ecosystem’s so-called “Renaissance” phase. The update is designed to enhance the network’s scalability, governance, and interoperability. It brings a new staking model that transforms VTHO, a token in VeChain’s ecosystem, which is distributed to VET holders and validators.

This approval places the platform among the first enterprise-oriented blockchains to align with the European Union’s new crypto asset regulations.

VeChain’s latest price action aligns with this bullish momentum as WhalesCryptozz spotted a breakout from a descending channel pattern on the daily timeframe. The price target for this move is at $0.58, which represents a 200% surge from its current price.

Pi coin prepares for price spike amid Consensus news

The Pi coin surged in a high-volume environment in May. Remarkably, its volume soared in a single day trading event by 170% to $353 million.

This positive momentum coincides with the Pi Network community anticipating a major ecosystem announcement in May. The timing aligns with the Consensus event in Toronto, where Pi Network’s founder, Nikkolas Kokkalis, is assigned to speak.

Meanwhile, rumors of a token burn event in the month gained traction after on-chain data revealed a transfer of 84 million PI tokens to an unspecified address.

Conclusion

The start of a bull market phase is an excellent time to invest at the far end of a risk curve, which includes low-cap gems with high upside potential. Unsurprisingly, whales are pouring into Remmitix, VeChain, and Pi Network. From these, Remmitix remains the best crypto to buy now for $0.0757.