The Cardano price is expected to squeeze a short-term rally to $1 as the scramble for the top 10 crypto position turns into a nip-and-tuck race between ADA and DOGE. Cardano currently occupies the 9th position, while DOGE is a bit ahead at #8.
However, Remittix (RTX), a rising altcoin up over 400% in presale, threatens to knock Cardano and Dogecoin out of the top ten crypto rank, thanks to its innovative crypto-to-fiat payment solution in the massive cross-border payments economy.
Analysts predict a 100x rally for RTX
Remittix is building a cutting-edge crypto-to-fiat payment infrastructure that makes it a breeze for anyone to send/receive fiat payments to any bank using crypto. To achieve this, the Ethereum-based dApp integrates with everyday fiat payment systems worldwide, seamlessly bridging the crypto and fiat worlds.
That eliminates the delays, long processing times and extra FX, wire and hidden costs charged by traditional banking channels, enabling crypto holders to undertake quick and convenient cross-border transactions at a fractional cost.
What’s more, Remittix features an intuitive, easy-to-use interface that operates like a regular banking app. Users only need to connect their wallet to the dApp to send payments in 50+ crypto pairs and over 30 fiat currencies.
This innovative approach has left market experts forecasting that Remittix will cut a big chunk of the $750 billion cross-border payments market. Even a 5% market share suffices to push the platform’s market cap past $30 billion, sparking a stratospheric 10,000% rally for the RTX price
Dogecoin(DOGE) price stagnates
Dogecoin is the 8th largest crypto asset with a $25B market cap, making it a formidable player in the crypto top 10 list. After reaching a new high of $0.48 in its Q4 rally last year, the largest meme coin entered a prolonged correction, losing over 64% of its value
Source: CoinMarketCap
The five-month bearish run tossed DOGE down to revisit the $0.14, where it has been trying to stage a recovery. For nearly two months, the DOGE has been unable to break the $0.18 resistance, sparking fears of further collapse if the bulls refuse to step in.
CoinCodex Dogecoin price predictions show that the DOGE might collapse further to retest the $0.11 support zone and may remain depressed below $0.2 for the rest of the year.
Cardano price struggles below $0.7
The Cardano price printed a new high of $1.3 in its Q4 rally last year, blessing patient bag holders with a nearly 5x yield. While everyone expected ADA to continue pushing upwards towards its ATH, traders started taking profit.
Source: CoinMarketCap
That sparked a bearish wave that pushed ADA down to revisit the $0.5 zone in its recent swing low. In the past two months, the Cardano price has been consolidating in the $0.5-$0.7 zone as the ADA community sentiment turns 89% bullish.
CoinCodex ADA price forecast reveals that the 9th largest crypto asset might stage a short-term rally to $1, returning a potential 60% yield.
Cardano and DOGE whales are diversifying into RTX
As the DOGE stagnates and Cardano posts meager returns, investors are going all-in on RTX, which is tipped to deliver a potential 100x multiplier as it rises into a dominant force in the highly valued cross-border payments market.
To date, crypto whales have stockpiled close to 531 million RTX tokens, pushing the Remittix ICO past over $14.7 million. Tokens are selling out like hotcakes at the $0.0757 price floor, so race up and grab your share!
Discover the exciting opportunities of the Remittix (RTX) presale today!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix