Cardano price stop as Remittix shine for crypto-to-fiat
Cardano price dey struggle to hold support around $0.73, ADA don drop 12% this week even though e gain 1.44% for the last 24 hours. RSI and MACD readings dey mix show say people no too sure. Trading volume don fall over 21%, and big holders dey move their money go tokens wey get real-time usage. Remittix (RTX) stand out as e raise $18.1 million from presales of 581 million tokens, plus e dey offer crypto-to-fiat payouts for over 70 countries. E get low fees, quick settlements, clear liquidity, and 40% bonus for early investors. Remittix beta wallet wey go drop for September 2025 show how dem dey active for product rollout. As Cardano updates and on-chain adoption dey slow, traders fit prefer projects like Remittix wey get real utility, making e hard for ADA recovery and long-term momentum.
Bearish
Cardano price dey weaken, volume dey drop and mixed technical signal show say buying momentum don reduce. Big whales dey move their money go utility-focused tokens like Remittix, e dey remind beta instances wey delayed network upgrades make market share lost, like wetin happen for EOS for 2019. For short term, ADA fit dey trade sideways or test lower support as traders dey chase immediate usefulness for other place. Long term, if network adoption still dey stagnate and development slow, e fit shake confidence and make capital shift go more active projects, wey go put more down pressure on ADA.