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Cardano and Toncoin Struggle While Remittix Emerges Stronger

Cardano and Toncoin Struggle While Remittix Emerges Stronger

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by Giorgi Kostiuk

13 hours ago


The cryptocurrency market is experiencing price fluctuations and changing investor interest. While Cardano (ADA) and Toncoin (TON) face challenges, the new project Remittix is gaining attention for its real solutions in crypto payments.

Cardano Price Prediction and Loss of Momentum

The price prediction for Cardano has turned more optimistic after ADA reclaimed key Fibonacci levels. Expectations of a rise to $0.90 are supported by the formation of an inverse head-and-shoulders pattern and a bullish crossing of the monthly RSI. However, ADA failed to hold above $0.94, which is necessary for confirming further upward movement. Currently, the price has stabilized around $0.85, which is causing caution among short-term traders.

Toncoin Wallet Launch Fails to Sustain Interest

Toncoin has made headlines with the launch of a new wallet integrated with Telegram and a $400 million allocation for ecosystem growth. Despite this, user activity has dropped from 35,000 to under 20,000 per day over the past ten days. With the price hovering around $3.30, analysts are watching for confirmation of Toncoin's support.

Remittix: A Real Solution for Crypto Payments

Against the backdrop of diminishing interest in ADA and TON, Remittix (RTX) stands out as a project focused on real payments. Its Ethereum-based system enables direct crypto-to-bank transfers across more than 30 countries. The project has already raised over $17.5 million. The beta version of the wallet, launching on September 15, will offer full features, confirming increasing interest in Remittix as one of the most promising crypto projects.

The situation in the cryptocurrency market showcases different trajectories for project development. While Cardano and Toncoin encounter certain challenges, Remittix demonstrates that real utility and technology can attract attention and investors.

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