The crypto space is taking a moment to settle into 2025, with many assets seeing large fluctuations. Such cryptocurrencies include Myro (MYRO), which has reported some hefty losses recently. Investors are increasingly looking toward utility-focused projects that are more likely to offer stability when things get volatile.
One such project is Remittix (RTX), which is tackling inefficiencies in the $190 trillion cross-border payments industry. The project has received increasing attention during its presale mainly due to its practical applications in the real world as well as its position in a prosperous sector. So is Myro (MYRO) likely to see a price revival, and how will Remittix fare in 2025?
Myro Plummets 47.6% In 30 Days
Myro (MYRO) has experienced a significant downturn, with its price plummeting over 47% in the past 30 days, with a 33% loss in the last week alone. As of January 13th, Myro (MYRO) is trading at approximately $0.049, reflecting a 12.79% decline in the last 24 hours.
This sharp decline has raised concerns among investors, especially considering the lack of significant technological updates or developments from the Myro team in recent months. The absence of innovation and progress may have hindered investor confidence, leading to recent sell-offs. Myro currently has a $11.82 million 24-hour trading volume, up 109% in the last 24 hours, which is equal to roughly one quarter of its total market cap, demonstrating Myro’s current volatility.
Remittix Changes The Game for Cross-Border Payments
Remittix is poised to disrupt the $190 trillion cross-border payment market by offering a platform that enables users to convert over 40 cryptocurrencies into fiat currencies and transfer funds directly to global bank accounts. Unlike traditional systems with unpredictable fees, Remittix (RTX) charges a flat fee, providing transparency and cost-effectiveness for both individuals and businesses.
The Remittix Pay API is another selling point for Remittix, offering great utility for businesses and individuals. This handy piece of tech allows businesses to accept payments in cryptocurrency and settle them conveniently in fiat currencies, while transferring funds to bank accounts all across the globe. For merchants and freelancers, this functionality provides support for over 40 fiat currencies and more than 50 cryptocurrency pairs, giving them the flexibility they need to manage international transactions effectively.
Another design principle for Remittix (RTX) is privacy. Payments sent through the platform arrive in the recipient’s bank as a standard bank transfer. This gives no indication that the transaction originated from cryptocurrency. This design appeals to users who want to enjoy the benefits of cryptocurrencies without being perceived differently for utilizing it.
Remittix Presale Glides Past $2.8 Million Raised
Central to the Remittix ecosystem is the native $RTX token, which serves several functions such as in staking, platform governance, and platform rewards. For those who want to get their hands on this powerful token in its early days, it is currently up for grabs for a price of just $0.0207 in the presale, which has already raised $2.8 million.
Industry analysts are bullish about Remittix’s potential, predicting an 800% price increase by the end of the presale and a potential 5,000% rally post-launch. As it gears up to carve out its space in the lucrative cross-border payments sector, Remittix (RTX) is likely to be a true market disruptor in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
