Market insiders speculate that interest rates will be cut, which in turn could favor crypto assets. Besides, the ongoing Bitcoin’s relentless rally has rejuvenated institutional confidence and fueled market optimism. Cardano (ADA) has joined hundreds of other cryptocurrencies in the green after a difficult spell in Q2.
There are growing indications that Cardano will continue on its bullish trajectory and rally into August. Meanwhile, there is another crypto gem making the headlines. Remittix is a new crypto that has over $16M in its Initial Coin Offering, reflecting strong retail and institutional demand.
Before we get into this new altcoin dubbed the next 100x crypto, let’s first take a look at what analysts feel about Cardano price prediction in August and throughout the second half of the year.
Cardano Price Prediction: A Possible Move Towards $0.90
After weeks of lackluster price action, Cardano (ADA) has shown strong momentum, gaining over 24% in the last 7 days. This recent rally followed a noticeable increase in development activity on the network, a trend that has often gone hand-in-hand with price jumps in the past. According to the latest data from GitHub, Cardano is now among the most actively developed blockchain projects, right up there with Ethereum.
At the time of writing, ADA is trading around $0.7243, having pulled back slightly after testing resistance around $0.77. Technical analysts say this pullback is healthy; the Cardano price is now retesting a support zone between $0.70 and $0.72, which aligns with several broken descending trendlines. All signs point to ADA having a strong few months ahead, but while Cardano price predictions appear bullish, savvy investors have their eyes on low-cap gems with higher upside potential.
Remittix: The Low-Cap Altcoin Under $1 Experts Are Betting On
Remittiix is a new alt with huge upside potential; market experts often refer to the new PayFi solution as XRP 2.0, and for good reason. Remittix is built to reduce the friction usually associated with cross-border transactions, allowing users to make real payments with cost and time efficiency.
Remittix is starting to pull serious attention from both retail buyers and crypto analysts. Here is why:
- One of the Few Presales With a Working Product: Remittix has already integrated global payout rails and is preparing to launch its wallet this quarter adoption is expected to grow fast.
- Built for Utility: RTX tokens power real transaction flows, giving the asset a real utility.
- Certified Secure by CertiK: Remittix passed a full audit by CertiK, one of the most trusted security firms in crypto; no fear of rug pulls.
- Low Entry Point, High Potential: RTX is still under $1 (i.e., $0.0811) and backed by $16.2M+ so far. The project fits a profile that long-term investors love to find early.
Things just got sweeter! Remittix is running a $250,000 giveaway, where 10 lucky winners will each receive $25,000 in RTX tokens. To boost your odds, you can complete bonus tasks and share the campaign for additional entries.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy we do not give investment advice, if you are going to invest in any of the promoted projects you should do your own research.