HomePress ReleaseWorldcoin Down Almost 50% In A Year, Cardano Whale Backs New Altcoin...

Worldcoin Down Almost 50% In A Year, Cardano Whale Backs New Altcoin Remittix In August

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The crypto market is seeing a major rotation of capital. Worldcoin has tumbled nearly 50% year-to-date, leaving early holders underwater and shaking confidence in some meme and alt tokens.

Meanwhile, smart money is seeking utility-driven opportunities, with Cardano whales reportedly backing Remittix (RTX) in August, signaling a shift toward practical crypto solutions that can handle real-world payments.

Worldcoin: Falling Hard Amid Market Pressure

Worldcoin’s performance has been weak this year. The token is trading around $0.95. Short-term holders have been selling to cut losses, pushing the price lower. On-chain data shows heavy outflows from exchanges as investors liquidate positions.

Source: TradingView

Technical levels to keep an eye on include resistance at $0.93 and support at $0.94. Despite Worldcoin’s aspirations for social and identity verification, its adoption and trading activity have stalled. That’s why it is susceptible to more significant market fluctuations.

Cardano (ADA) Whale Moves Into Remittix

In contrast, some large Cardano holders are reallocating capital into emerging utility projects. Remittix (RTX) has become a top target for whale wallets this August, fueled by its practical PayFi model.

The RTX token has already surpassed $21.2 million in its ongoing presale. This shows strong early adoption and investor confidence.

Remittix: Solving Real-World Payment Problems

Remittix is unique in that it supports more than 50 cryptocurrencies and focuses on facilitating smooth crypto-to-FIAT transactions in more than 30 countries. Retail and institutional interest in the project is growing, and it has the support of smart money and a growing community.

  • The next exchange listing will be announced once the presale reaches $22 million, boosting liquidity for RTX holders.
  • Remittix provides real utility for B2B and B2C payments, solving common crypto-to-fiat bottlenecks.
  • Community engagement through staking and social initiatives is creating a loyal holder base.
  • Analysts highlight a low entry price with potential for rapid gains toward $5 if adoption trends continue.

With these factors, Remittix (RTX) is emerging as a strong alternative for investors seeking projects with both utility and upside, leaving older, stagnant tokens like Worldcoin behind.

Why Investors Are Shifting Focus

As Worldcoin struggles to regain momentum, whale movements suggest the market is rewarding real-world utility and adoption. Cardano whales leading the charge into Remittix highlight a broader trend: capital is moving from overhyped or underperforming tokens to projects offering tangible solutions and high growth potential.

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 

Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.

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