XRP Hold for Below $3 as Traders Dey Collect Profit; Remittix Presale Don Raise $20.7M
XRP still dey struggle unda di $3 resistance level afta Federal Reserve show hawkish signals. Traders don collect over $300 million profit since midweek, with net exchange inflows reach $76.8 million—the highest since July 19. Data from Santiment dey show say both long- and short-term holders dey take profit more, while Coinglass dey highlight say selling pressure don heighten.
On di other hand, Remittix (RTX) dey come up as strong payment token contender. Their presale don raise $20.7 million, selling 614 million tokens at $0.0969 each. Dem design am for cross-border crypto settlements, and Remittix plan to launch beta wallet wey go support over 40 cryptocurrencies and 30 fiat currencies. The project don attract interest from institutional and retail investors, with second centralized exchange listing planned at $22 million to boost liquidity. Remittix scalable infrastructure dey target real-world PayFi adoption, offering secure, fast, and cost-effective international payments wey no be just speculative trading.
As XRP dey face wahala around $3 resistance, traders fit move focus go utility-driven tokens like Remittix wey promise real use cases in global remittances. To sabi di macroeconomic trends go important to assess XRP short-term range-bound trading and Remittix long-term adoption potential.
Neutral
Di tori na articli dey send mixed signal for traders. XRP no fit break pass $3 plus $300M profit-taking and $76.8M net inflows go exchanges show say near-term bearish pressure dey because Fed minutes dem tight. Before now, similar hawkish data dey make major altcoins dey move small or go down as traders dey secure their gains. But on the other hand, Remittix presale of $20.7M plus im real world payment use dey bring better chance for new tokens wey get real adoption potential. Short term, traders fit move money from XRP go Remittix or other utility coins, this one go add market wahala but e no go necessarily make market rally big. Long term, if Remittix fit deliver on im cross-border settlement promise, e fit support long lasting bullish trend for PayFi sector. So overall, na neutral effect be this; e dey balance XRP bearish pressure short term with Remittix long-term promise.