Remittix Presale Surges as ONDO Finance and SUI Face Market Headwinds
ONDO Finance and SUI have underperformed amid broader crypto market volatility. ONDO’s token price dipped 1.56% to $0.9435, with a $2.98 billion market cap and $206.25 million in 24-hour volume. SUI rose 1.88% to $3.38 but saw its trading volume plunge 15.59% to $832.26 million, highlighting demand challenges for mid-cap projects.
Meanwhile, utility-focused presale token Remittix (RTX) is gaining traction. Priced at $0.1030, RTX has raised over $23.7 million with more than 643 million tokens sold. Upcoming listings on BitMart and LBank and a Q3 wallet beta underscore its real-world payments infrastructure ambitions, supporting 40+ cryptocurrencies and 30+ fiat currencies. With low fees and fast bank-to-crypto transfers, Remittix positions itself for potential market outperformance. Traders monitoring altcoin trends should note growing interest in utility-driven presales as ONDO and SUI face headwinds.
Bullish
Remittix’s strong presale metrics—over $23.7 million raised, 643 million tokens sold, planned exchange listings, and a Q3 wallet beta—demonstrate robust investor interest. Its focus on real-world payments infrastructure contrasts with ONDO Finance and SUI, which face volume declines and price instability. Historically, utility-driven projects such as Chainlink and Polygon saw early adoption translate into significant price rallies. In the short term, Remittix’s fundraising momentum and upcoming listings could drive positive trading sentiment, drawing capital away from mid-cap tokens struggling to sustain demand. Over the long term, successful deployment of its payment platform and continued ecosystem growth may support further price appreciation. These factors point to a bullish outlook, highlighting a shift toward utility-focused presales and potentially sparking a broader altcoin rally.