Discussion around early-stage token sales has picked up again, with some market participants looking beyond established projects such as Pi Coin and Cardano. Any expectations of future returns are speculative, and outcomes for newer tokens remain highly uncertain.
One project drawing attention in online commentary is Remittix (RTX), which is being marketed via an ongoing token sale.
Pi Coin and Cardano Price Check
Pi Coin was trading around $0.3474, with a 0.73% rise over the past 24 hours at the time of writing. Market cap was cited at $2.77 billion, with reported 24-hour trading value of $39.66 million, up 50.13% on the day. Even as interest in Pi continues, questions remain about its longer-term plan and whether it will be listed on exchanges.
Cardano, meanwhile, was trading around $0.8152 after a 1.73% intraday decline. With a $29.13 billion market capitalization and $850.73 million in daily volume (reported as down more than 30%), it has generally been viewed as a more mature Layer 1 asset than many newer tokens. Some traders have also been watching projects that claim near-term product milestones, including Remittix.
Remittix’s Token-Sale Funding and Exchange Listing Claims
According to the project’s own materials, Remittix (RTX) is offering tokens at $0.1030 and has raised more than $23.7 million, with more than 644 million tokens sold. The team also claims these fundraising milestones have been tied to planned centralized exchange (CEX) listings.
The project states that BitMart was arranged after the $20 million level and that LBank was arranged once $22 million was reached. Exchange listings, if and when they occur, do not guarantee liquidity, price performance, or long-term market adoption.
Beta Wallet Release: Product Plans and Intended Use
The team says it plans a Q3 beta wallet release. As described by the project, the wallet is intended to support more than 40 cryptocurrencies and 30 fiat currencies, with real-time FX conversions and cross-border transactions. The stated goal is to allow users to convert and route crypto funds into bank accounts, a step that some products in the sector attempt to address for broader use.
The project positions the product around payments and remittance-style use cases. It also says it has a CertiK audit, though readers should treat any audit as one input rather than a guarantee of security or reliability.
Project-reported milestones include:
- Over $23.7 million raised in the token sale so far (as reported by the project)
- 644 million+ tokens sold ahead of a broader launch (as reported by the project)
- BitMart and LBank listings described as confirmed by the project
Remittix describes its model as deflationary and references low network costs and a roadmap, but these are project claims and may change. As with any early-stage crypto project, participation can involve significant risks, including loss of capital and execution risk.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a cryptocurrency token sale. This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
