Remittix Presale Tops $21.7M Amid Ethereum’s $4,600 Rebound
Ethereum has bounced back to $4,600, prompting investors to eye early-stage altcoin offerings such as the Remittix presale. As traders remain cautious due to high volatility, Remittix presale has already raised over $21.7 million by selling 623 million RTX tokens priced under $0.10.
Remittix is a PayFi solution built on Ethereum. It supports crypto-to-fiat transfers in 30+ countries and interfaces with local payment networks to bridge a $19 trillion global payments gap. The project’s deflationary tokenomics caps presale supply at 750 million RTX tokens (50% of total).
Key features include live FX rate conversion, staking rewards, and a merchant API for direct crypto deposits into fiat accounts. With its app launching in Q3 and an upcoming centralized exchange listing, Remittix is positioned for real-world adoption.
Bullish
Remittix presale’s rapid $21.7M funding amid Ethereum’s rebound signals strong investor appetite for high-potential altcoins. Historically, Ethereum recoveries often shift liquidity into presales and ecosystem tokens, fostering bullish cycles as seen in 2021 with projects like Uniswap and Polygon. In the short term, Remittix presale momentum may drive speculative inflows into RTX and related altcoins, boosting trading volumes and price discovery. Over the long term, Remittix’s real-world use case in global crypto payments and planned exchange listings could sustain demand for RTX, supporting further price appreciation. Traders should monitor presale milestones and broader Ethereum market trends, as any setbacks in funding targets or crypto market volatility could temper this optimism.