Cardano continues to struggle for direction, with ADA price trapped in a narrow range while network activity slows. At the same time, investors are looking for more explosive opportunities, and many are turning toward Remittix. The PayFi altcoin has already raised over $23.8 million from the sale of more than 645 million tokens at $0.1030 each, and traders believe it may be the best crypto to buy now with 60x growth potential.
Cardano’s Struggle To Break Higher
Source: TradingView
Cardano trades slightly above $0.80, and support levels have been tested following a failure to sustain momentum earlier this week. Analysts caution that the ADA price is in a falling wedge pattern; a breakout above the price of $0.83 is necessary to prove a bullish reversal. Should that happen, Cardano could target $0.89 and possibly $0.96.
However, on-chain data paints a weaker picture. Cardano’s realized profit/loss fell sharply from 13.98 million ADA to just 3.48 million ADA, showing that holders are realizing fewer gains. Active wallet addresses also slipped below 25,000, reflecting declining network usage. The Relative Strength Index reads a neutral 52, but the presence of a Death Cross pattern suggests more downside risk unless buyers step in quickly.
Remittix Captures Investor Imagination
As Cardano stalls, Remittix is stealing the spotlight. The token is not just promising utility but also delivering milestones that continue to attract speculative inflows. Investors are pointing to its PayFi model as a reason why Remittix could rise faster than older projects weighed down by technical uncertainty.
Here are some of the new features drawing attention:
- Beta PayFi wallet set to launch on September 15 for global transfers
- Confirmed listings on BitMart and LBank, boosting liquidity options
- $250,000 giveaway campaign driving strong retail participation
- Integrated staking model with real yields in RTX tokens
- Cross-border alliances with remittance businesses.
These basics make analysts believe Remittix has both real-world application and breakout growth potential, unlike many altcoins, which are wholly reliant on hype.
Why Speculators Favor Remittix Over ADA
The latest Cardano updates suggest that the ADA price may remain locked in range-bound trading for weeks. In contrast, Remittix has shown traction with investors searching for the next 100x crypto, and its PayFi use case adds a level of utility often missing in speculative tokens. For traders chasing 60x returns, the momentum shift from Cardano toward Remittix highlights where smart money may be flowing this September.
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
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