Increased interest in the alt market, particularly among institutional investors, has led to the diversification of portfolios and a shift away from Bitcoin’s dominance. This trend points to a noticeable shift in market sentiment, as more traders look to the best altcoin to buy now. Technicals and a spike in whale activity hint at a possible breakout for XRP price this cycle. Remittix is another popular name lauded within crypto circles.
This crypto project is also a payment network like XRP, but it offers unique DeFi capabilities that would attract a multi-trillion-dollar market. Retail has responded, pushing the total influx of capital towards the $20.3 million threshold in its ongoing ICO.
Market insiders are weighing on the compelling utility and robust roadmap of the project to trigger a 100x parabolic rally. Let’s take a look at XRP price action and consider why RTX is dubbed the best altcoin to buy now.
Increased Whale Activity and Retail Participation Hint at a XRP Price Rally
The altcoin market is heating up, with investors shifting capital away from Bitcoin in search of higher upside. As a result, many traders are asking what the best altcoin to buy now is and XRP keeps showing up on that list.
Despite posting a 12.08% monthly decline, XRP price has rebounded above the $3 mark. Data shows that nearly 94% of XRP’s circulating supply is currently in profit suggesting that long-term holders remain confident, while whale activity is spiking at levels last observed before major rallies.
Source: TradingView
Analysts note that XRP’s three-phase cycle may be lining up for another surge as it approaches strong resistance zones. Institutional demand is increasing and not only that, retail participation is also on the rise; the XRP price narrative for H2 is turning bullish again.
Remittix, the Best Altcoin to Buy Now
The best strategies in the crypto market support the chase of utility-driven adoption over pure speculation. This is where Remittix comes in, combining strong fundamentals and infrastructure with a clear real-world use case to close a $183 trillion remittance gap. Remittix achieves this by enabling instant, low-cost fiat conversions on its platform.
The innovative platform is ready to go live, offering instant, low-cost crypto-to-fiat conversions that make payments more accessible, faster, and cheaper for everyday users as well as businesses across borders.
On top of this, Remittix is also closing in on a major milestone: $20.3 million raised in its presale. Once this target is hit, the project developers have announced it will reveal its first CEX listing. Natives are pumped about this development, since strategic plans like this will improve liquidity and visibility for holders.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice
