The XRP price has been under close watch lately, as Ripple news has shown investors’ interest peaking over the last few days. However, a recent review of the market indicates that institutional attention is shifting towards the Remittix token.
This is because the Remtitix token starts showing more factors, which experts believe could make it the XRP 2.0 as it becomes the sought-after coin this quarter.
Here is a look at the top Ripple news this month, as the XRP price regained $3 and Remittix moved to surpass XRP in the payment space.
XRP Price Regains Momentum As October Market Sees Inflow Surge
The cryptocurrency market has remained on a strong uptrend over the last few days, with an increase of over 10% in the last three days. As a result, the XRP price has surged upward, now returning to above $3.
However, even though the XRP price is now back in a zone that Ripple news has identified as a potential bull run, the price projection remains under debate. This is because, while the Ripple news suggests a surge could follow the XRP price regaining $3, other factors are necessary to sustain the surge at a higher level.
Although the cross-border partnership that has been in the news over the last few weeks regarding Ripple has had little impact on the XRP price. Technical analysis of the XRP price revealed that the coin struggled to remain above $3 for most of September, despite the Ripple news of its partnership in Dubai.
Experts’ analysis now suggests that the possibility of Ripple’s coin declining dominance may be fueled by new solutions in the cryptocurrency payment market. According to the latest Ripple news, this competition could offer a more effective alternative to the XRP remittance strategy.
Remittix Cement Reputation This Quarter As XRP 2.0
The discussion about the Remittix coin’s potential as XRP 2.0 gained momentum in October, as the user base expanded. According to the expert analysis of the fast-growing user community, crypto users are now highly anticipating the project launch.
With the Remittix token now experiencing a surge in anticipation of its market launch, users are rushing in high numbers.
Some of the main drivers boosting the user base lately include:
- The Remittix referral program is seeing a boost in users joining the ecosystem
- Beta wallet launch, which is building more confidence in the token launch nearing
- Business API, which is building interest in businesses and brands that are anticipating the project’s final market entry
However, the recent surge in users joining the Remittix project is now boosting institutional interest, with projections citing a 100x potential by 2026.
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.
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