Disclaimer: This article includes information provided by a third-party project and is published for informational purposes only. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
The crypto market has seen increased discussion around Remittix (RTX), which continues to be mentioned across social platforms. Some users on X have informally referred to it as “XRP 2.0,” citing perceived similarities related to payments and cross-border transfers. The project presents itself as a payment-focused alternative to established assets such as XRP, although the two differ substantially in scale, maturity, and risk profile.
XRP Price Weakens as Momentum Slows
XRP was trading near $2.78 in the market snapshot referenced here. The recent decline comes amid attention on the newly launched spot XRP ETF, which has been reported to have recorded more than $71 million in inflows since debuting. Some market participants have suggested that additional ETF approvals in October could influence sentiment, though outcomes are uncertain.
In a post on X, analyst EGRAG CRYPTO suggested that XRP may be approaching a key technical area. He pointed to a bullish engulfing pattern on the weekly chart and outlined a scenario in which the price could move toward higher levels (including around $7.30) if momentum strengthens; such projections are speculative and may not materialize.
source: @egragcrypto on X
Some analysts have also highlighted downside levels to watch, such as $2.60 or $2.37, noting that a move below them could delay any recovery attempts. Against this backdrop, some traders have also discussed newer projects that are earlier in development, including Remittix (RTX).
Remittix: a Payment-Focused Project Running a Token Sale
Remittix has been compared to “XRP 2.0” by some users due to its emphasis on payments. According to information provided by the project, more than $26.7 million has been raised and over 672 million tokens have been distributed in its token sale, at a reported price of approximately $0.1130. The team has also said that a Remittix wallet beta is available for community testing.
The team has also stated that it has confirmed listings on centralized exchanges BitMart and LBank. In terms of security, Remittix reports having completed an audit by CertiK, a blockchain security firm.
The project also describes a referral program that provides USDT-denominated incentives through the Remittix dashboard; details, eligibility, and timing are set by the project.
Key project-reported items described by Remittix include:
- Project-described referral program with USDT-denominated incentives
- Project-reported exchange listings on BitMart and LBank
- Project-reported CertiK audit completion
- Payment infrastructure described as targeting cross-border transactions
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Project-reported fundraising total and a wallet beta described as active
How Some Traders Compare Remittix and XRP
While XRP continues to draw attention from traders tracking market catalysts, Remittix has been discussed for its stated focus on payments and early product development. Comparisons to other payment-oriented crypto projects are informal and should be treated as opinion rather than a like-for-like equivalence.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article includes information provided by a third-party project. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
