Cardano (ADA) has posted some startling losses over the last 30 days with a major dip in the last week. Even holders who have backed Cardano since its conception in 2017 are wondering whether their money may be better placed elsewhere. Among the projects gaining their attention is Remittix (RTX), a PayFi protocol packed full with utility for investors, businesses and individuals too. So what is so special about Remittix (RTX) and how low could Cardano stoop?
Cardano (ADA) Posts Losses Across The Board
Cardano has been plummeting throughout January with a 28% net monthly loss and a 17.6% loss in the last week alone. Cardano (ADA) has seen some serious volatility in the last 24 hours too, dipping down to $0.57 temporarily before climbing back to $0.77.
On the technical side of things, Cardano’s 50-day moving average is trending above the 200-day moving average, indicating a bullish trend, and the MACD backs this, sitting just above the signal line. This points at the possibility of a resurgence for Cardano in the near future.
Remittix Redefines International Transactions
Crypto was supposed to make money borderless, faster and cheaper but the reality? Using digital assets in daily life is still a hassle. Converting crypto to FIAT is expensive, sending money across borders is slow and businesses still hesitate to accept digital payments.
That’s why Remittix (RTX) is turning heads. It’s tearing down barriers between crypto and traditional finance, making it as easy to use as regular cash. With its presale now surpassing $10.8 million, it’s clear that investors see its long-term potential in revolutionizing the $190 trillion cross-border payments market.
Take a freelancer in India who gets paid in Ethereum. They can’t pay their rent with ETH, buying groceries with crypto is next to impossible and converting it into FIAT comes with frustrating delays and hefty fees.
Or a business in Europe that wants to accept Bitcoin from customers. They’re forced to deal with volatility risks, complicated accounting and slow processing times making crypto an impractical payment option.
And then there’s the migrant worker in Canada sending money home to family in the Philippines. Traditional remittance services take a painful cut, often charging 8-10% in fees. Crypto should be the answer but if the recipient can’t easily turn it into cash, what’s the point?
Remittix eliminates these issues entirely. Users can convert over 40 cryptocurrencies into FIAT and send it straight to any bank account worldwide in just 24 hours without ridiculous fees, delays or middlemen. For the recipient, it works just like a standard bank transfer.
Remittix is also bringing financial access to underbanked populations. While crypto adoption is growing, over 1.4 billion adults worldwide still don’t have a bank account. But what many do have is access to digital wallets through mobile devices.
Remittix bridges this financial gap. It allows people to cash out their crypto holdings through services like Western Union turning digital assets into spendable cash, even for those without a traditional bank account.
This could be life-changing for gig workers, entrepreneurs and families who rely on international remittances. Instead of losing a chunk of their earnings to fees and conversion costs, they get to keep more of their money.
While Remittix is solving crypto’s usability problem for individuals, it’s also helping businesses streamline payments. The Remittix Pay API allows companies to accept crypto while automatically converting it into FIAT eliminating risks tied to price swings. This is huge for merchants, online platforms, and freelancers who want to tap into the growing crypto economy without financial headaches.
Instead of waiting days for international transactions to clear, businesses can receive payments instantly with lower fees than banks or PayPal.
The Remittix Presale Turns Heads
Remittix is currently showing dominance in presale with RTX tokens on offer for just $0.0539 to proactive investors. The presale has seen more than $10.8 million in investment in just over a month and is showing no signs of slowing down. The project’s undeniable utility within a high-value sector has led analysts to project an 800% price rise during the presale phase with exponential growth following the full launch. For those who want to push the boundaries of PayFi and be in the running for major gains, Remittix (RTX) is hard to pass up on.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix