The last few weeks have been noisy for the general crypto market. Several traders got liquidated as the market dumped hard. Digital Asset Treasuries (DATs) had their valuation drop massively, and ETF outflows increased. Like several other altcoins, Ripple (XRP) first experienced a decline, but now the token looks to be recovering.
Traders continue to pay attention to XRP price prediction models to determine the next step to take; however, a growing group of investors is paying attention to a new PayFi solution, Remittix. In recent weeks, the cross-border payments solution has already secured high private funding from investors, debuted its new wallet on the Apple App Store, and now there is a 200% black friday bonus underway.
XRP Price Prediction: Strong ETF Demand, Weak Price Structure
Many analysts expected that an ETF launch for XRP would be a major bullish event for Ripple’s ecosystem, and this has proven to be the case. Already, XRP ETFs have crossed roughly $628 million in valuation, and they have taken more than 80 million tokens off the market. Big institutions like Grayscale and Franklin Templeton also have their XRP ETFs, signifying that there is strong institutional attention here.
However, traders are pointing out that all this volume is not exactly reflecting on XRP price performance. Despite all the ETF volume inflows, XRP price prediction models remain uncertain about the possibilities of a positive price action for XRP. According to analysts, this makes sense because the broader XRP market remains complicated.
For example, although ETF volumes are high (even higher than Solana’s ETF launch), on-chain analysis shows that Binance open interest has dropped from about $1.7 billion to near $504 million, which means that capital is leaving XRP. In addition to this, whale wallets have sold more than 180 million XRP tokens, further adding to the sell pressure. Experts predict that any rally attempt for XRP will not last long because current holders will likely be looking to sell off their holdings.
Remittix Wallet Launch And 200% Bonus Grab Investor Attention
While XRP tries to decide on a direction, Remittix is already stealing major market attention and adoption by pushing out real product updates. A few days ago, the Remittix wallet went live on Apple’s App Store , opening up the doors to even stronger retail adoption and volume inflow. In addition to this, Remittix has also launched a 200% black Friday deposit bonus that offers investors even bigger rewards.
Behind the launch of the new wallet, Remittix is also working on other key updates like direct crypto-to-fiat flows and a major December announcement that team members say will transform the wallet into a true global PayFi powerhouse. These are not the only catalysts powering Remittix’s strong momentum and performance. Here’s a breakdown of other things investors love about RTX:
- Successful audit and verification by CertiK
- Confirmed listings on top exchanges like BitMart and LBANK
- Global presence with direct crypto-to-fiat settlement already live in 30 countries
- Strong institutional and retail adoption driven by an active $250,000 giveaway and a highly-rewarding referrals program
- Remittix has also secured over $28.2 million in private funding from investors
XRP Price Prediction Unclear, PayFi Thesis Getting Stronger
When traders compare the current XRP price prediction with Remittix, the difference in focus becomes clear. XRP price prediction remains split, and prediction models can’t accurately predict what comes next. Meanwhile, Remittix’s recent updates only further reinforce its status as the best investment opportunity on the market right now.
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
FAQs
What is the Remittix 200% Black Friday offer about?
The Remittix 200% Black Friday offer is an event that aims to reward early RTX investors with 200% token allocations on their investment, allowing for more yield. However, you should know that this event only lasts from now till Monday, December 1, so you should act now so you don’t lose the opportunity.
Should I buy XRP now?
According to analysts, now may not be a good time to buy XRP. This is because XRP price prediction models are not clearly bullish right now, so there’s a high chance you’ll lose your money if you invest in it. Instead, look for opportunities that already show demonstrable momentum and returns like Remittix.
How do I participate in the Remittix 200% Black Friday offer?
The Remittix 200% Black Friday offer rewards you with a 200% bonus on your deposits. To participate, go to
presale.remittix.io
, connect your wallet, and participate in the presale.
