XRP's rally is losing steam, but investors are turning to Remittix and its red-hot $14.8m presale

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XRP’s rally is slowing down, but investors seeking new momentum should look no further than Remittix and its booming $14.8m presale.

As one of the best coins for 2024, despite its recent struggles, investors are turning to new projects.

XRP’s price has been on an upward trajectory, but let’s be honest, it’s not exactly setting the world on fire. The recovery from the November bull run, which saw XRP soar from $0.50 to $2.70, ultimately reaching a high of $3.30, has been slow.

In the last 30 days, XRP has increased by 29%, but over the last 7 days, it’s only gone up by 3%. This shows us that XRP’s momentum is slowing down pretty sharply and it’s starting to lose some of its earlier steam.

Technically, XRP is now approaching a big resistance level around $2.30, which is where its 50-day and 100-day EMAs converge. If it manages to break through this level, we could see it climb back to $3, a price point it hasn’t reached since March.

Another factor to consider is the ongoing legal battle between Ripple Labs and the SEC, which has been a source of uncertainty. However, with the SEC now withdrawing its appeal, XRP is finally gaining regulatory clarity, something that few other tokens have.

This clarity is attracting institutional investors, especially with XRP-linked ETFs starting to gain traction. ProShares recently approved the XRP ETF, and we’re already seeing some benefits.

In the first quarter of 2025 alone, we saw $37.7 million in net inflows into XRP-related ETPs, and for the year to date, that figure stands at $214 million.

But while XRP is slowly heating up, another token is already getting serious attention. Remittix, a newcomer in the PayFi space, is making waves with its rapid presale progress. Having already raised over $14.8 million and boasting a bold plan to disrupt cross-border payments, it’s catching the attention of investors.

Remittix is setting its sights on a huge goal – to revolutionize the $100 trillion cross-border payments market.

Instead of trying to be a jack of all trades, Remittix is focusing on one thing and doing it right – delivering seamless crypto-to-fiat settlements. Using its PayFi protocol, Remittix enables users to send funds directly to bank accounts worldwide, accepting over 100 cryptocurrencies with 1% fees and no FX charges.

What makes Remittix unique is that it simplifies the process. While other systems often involve navigating complex DeFi transactions or specific stablecoins, Remittix provides a direct bridge between crypto and fiat, making it accessible to everyone.

Beyond individual users, Remittix is developing a PayFi API for businesses, allowing companies to easily integrate its payment system, facilitating seamless payments for both Web2 and Web3 customers.

For individual users, Remittix offers a non-custodial wallet that prioritizes privacy and user control, with staking rewards of up to 18% APY for VIPs.

Currently in its presale stage, Remitiix has already raised over $14.8 million and is priced at just $0.0757.

As XRP’s growth slows and its 30-day gains are quickly lost in the seven-day timeframe, investors seeking new momentum may want to consider Remitix. With its rapid presale progress and innovative PayFi protocol, Remitix is rapidly becoming a preferred solution for cross-border payments.