A choppy session has led to risk-off sentiment in the cryptocurrency market, causing prices of major cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE) to slip. However, analysts are now focusing on Remittix (RTX), a new project touted as “XRP 2.0” due to its utility angle. RTX aims to provide low-fee, cross-chain transfers that can land directly into bank accounts.
The upcoming reveal of the team’s first centralized-exchange listing when the raise hits $20M is expected to attract fresh flow and liquidity into the market. Traders are closely watching the calendar for this event as it has the potential to create its own liquidity window.
In contrast, Cardano and Dogecoin face key levels that need to be reclaimed to maintain their breakout cases. For Cardano, the $1.00 handle is a crucial test of trend strength, while Dogecoin’s price needs to break above the $0.22-$0.25 range to confirm momentum.
Remittix’s “smart money” attention is driven by its clean, time-boxed catalyst and focus on utility rather than hype. As traders de-risk amid risk-off sentiment, RTX offers a different engine for growth – an imminent announcement that can attract fresh flow even if the broader market wobbles.
For investors tracking Remittix, following the calendar and levels is key to making informed decisions. With its $20M raise milestone approaching, RTX’s CEX listing reveal is likely to spark significant interest in the project.
Source: https://coincentral.com/cardano-and-dogecoin-reverse-gains-in-market-rout-smart-money-pivots-into-a-new-coin-dubbed-xrp-2-0