Usually, DeFi tokens make for the best investments in the crypto market, due to their utilities on the blockchain. But the tides are changing fast, and not all DeFi tokens will get quite the reception from investors.
What rules now are the tokens with real-world applications, tokens with use cases that apply to real life. PlutoChain crypto is a core example of DeFi tokens slumping due to lack of real-life use cases, and on the other hand is the PayFi project Remittix.
Here’s more on the PlutoChain dip and Remittix’s prospects.
What is PlutoChain Crypto?
Bitcoin launched in 2009, opening the door to more native blockchains to develop and evolve to user preferences. One problem with the pioneer blockchain was evolving along with the trends, as Bitcoin stayed stuck in time.
Now, scalability has become an issue, and the Bitcoin network is looking to offer more use cases to BTC tokens other than being expensive assets. That’s what sparked the introduction and evolution of layer-2 chains on Bitcoin.
PlutoChain crypto is one such project, with its foundation rooted in providing an additional use case for BTC through increased scalability on the network. Sadly, layer-2 chains are not quite the rave they used to be anymore.
PlutoChain Price is Down
The PLUTO token is trading at about 68.99% down since it got listed on CoinMarketCap, after losing a further 21% on the 24-hour charts. There are several possibilities why the token is in the red, but the most significant is the instant sell-off post-launch.
PlutoChain crypto holders have massively dumped the token, leaving it at the mercy of regular market waves. At the moment, PLUTO trades at $0.037, and even further drops are on the cards if the price doesn’t recover.
From all indications, it seems the PlutoChain crypto is tanking even more because there is no immediate traffic enough to stop the token from bleeding. Layer-2 chains are saturating the crypto market, and it’s up to projects with real-world applications like Remittix (RTX) to recoup profits for 2025.
More on the Remittix project in a bit.
RTX Tokens Will Be The Drivers For Crypto-Fiat Transfers
The Remittix platform is launching right into the PayFi sector to introduce new features for crypto transfers, with a possibility of hastening crypto adoption globally. Unlike its counterpart PlutoChain, Remittix addresses crypto users’ problems directly, offering them a faster, less expensive route to get their crypto assets into their bank accounts.
With Remittix, there will be no need for intermediaries like exchanges, as the tokens only pass through the Remittix API and are deposited directly in fiat bank accounts without any charges. The only cost incurred is the gas fee payment, after which RTX smart contracts take up the transaction from there.
And with such ease of liquidating crypto tokens, they might become useful for online payments. The users only need to have the relevant account details for the receiving bank, and they will be able to send the crypto tokens directly. Many online stores and e-commerce companies are already listing cryptos as payment methods on their pages.
Remittix will soon become the hub of activity for crypto traders, a very different outcome from PlutoChain crypto. The presale is even more reason for the RTX investors to keep accumulating their tokens.
Don’t Miss Out On Remittix
Buy your RTX tokens on the presale website today, where they are only worth $0.0734. It’s only the beginning, given the heights to which the Remittix tokens will get post-launch.
The profits are pegged at a realistic 20x pump, but the RTX project itself will generate a lot more from the massive traffic and demand.
Buy RTX coins early, and join the growing community!
Get your Remittix tokens today and hold them after launch for even bigger returns.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
