With Bitcoin hovering around $110k and the whole crypto game flexin’ at a $3.5 trillion market cap, traders are on the hunt for the next big coins to stack in their bag. Two established names that are set up for a June surprise come to mind: Cardano (ADA) and Avalanche (AVAX). Both cryptos are poised for a bullish run, driven by key catalysts in institutional adoption, regulations and technological advancements.
ADA is currently trading above $0.7563, +61.4% from the previous week, at a $650 million trading volume and AVAX is in the same boat, trading above $22.95 and +5.4% in the same period. While both cryptos benefit from their longevity, there’s another crypto in presale that’s primed for the watchlist: Remittix.
Remittix aims for better cross-border payments
Cross-border payments have benefitted from rapid digitalization in recent years. However, the extensive use of technology hasn’t been translated to low fees and faster transactions. Remittix flips the script with its take on payments crypto-to-fiat transactions backed by the blockchain.
Remittix’s payment API, blending legacy systems and the blockchain technology, offers two crucial benefits. One, it offers same-day cross-border payments, with flat fees and two, transfers are transparent and secure. Remittix boasts an ERC 20-standard RTX token, which serves the platform’s backbone and holders use it to define the project’s direction. Its smart chain operates on Ethereum, which was recently rated ‘Very Safe,’ allowing for secure international payments every time.
Cardano (ADA)- Can an upcoming upgrade lift its price?
ADA’s current price hovers above $0.7563, which is flat from yesterday’s close, and has been crypto’s price trend in the last three weeks. Its current performance is in contrast to its 9% rally over the past month. While ADA’s price has been relatively flat, there are some signs and catalysts that can push its price this June. There are two crucial catalysts that can work for Cardano in the short term: the scheduled Chang upgrade that will boost interoperability and its sustainable development focus.
Also, trading volume remains low for ADA, with just $600+ million average in the past three trading days.
Can AVAX benefit from the planned ETF on Nasdaq?
Unlike Cardano’s ADA, AVAX is enjoying a solid run this month which sets it up for a possible June surge. AVAX is currently trading above $22.95, +3% from yesterday’s close and still 10% up on a month-over-month basis. This crypto has set up a bullish structure in preparation for a June run, thanks to a few catalysts. For example, there’s the possible approval of the AVAX-based ETFs on Nasdaq, the expansion of the DeFi system, and then there’s the upcoming Avalanche summit. Crypto analysts predict that AVAX’s price could trade between $63.33 and $71.87 in June, subject to macroeconomic conditions and the realization of these catalysts.
Is Remittix about to flex harder than ADA and AVAX this June?
While Cardano’s ADA and AVAX are established cryptos with substantial market caps, Remittix’s innovative take on PayFi and growth position makes it a potential performer in the short term. Currently, Remittix’s RTX token is in presale for $0.0781 and targets $0.0811 on its next stage.
With programmed price hikes in every presale stage, early buyers can count on attractive ROIs, even before an official launch. With over $15.4 million raised and with the current stage about to end, it’s never too late to jump in and buy your share of RTX tokens!
Learn more about the Remittix presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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