Cardano is a leading blockchain with impressive developments, but a new contender, Remittix (RTX) , is attracting attention with its approach to cross-border payments. With predictions of a 10x surge in February, Remittix is emerging as a strong competitor. Its advanced technology, capped token supply, and focus on real-world applications make it a standout option for investors. Could Remittix be the next big player to rival Cardano’s dominance? Why Remittix Could Revolutionize Cross-border Payments Conventional payment systems like MoneyGram and SWIFT are failing, frustrating users with slow transaction speeds and unclear fees. These old payment systems delay and add economic stress to people and companies that conduct international payments. Remittix (RTX) aims to address the challenges associated with global payments. The platform combines blockchain and fiat systems to eliminate the drawbacks of existing payment platforms. With over forty supported cryptos, users can convert digital assets like Ethereum and Bitcoin to fiat currencies like EUR and USD. This innovation enables quicker and lower-cost transactions, making it suitable for companies dealing with cross-border payroll or remittances. Unlike traditional platforms, Remittix provides complete transparency. Recipients get the exact amount sent without hidden fees. For businesses, the platform simplifies payroll by converting crypto payments into fiat and depositing them directly into employees’ bank accounts. This approach cuts operational costs and saves time. The platform eliminates intermediaries, giving users complete control over their transactions. This setup ensures enhanced security and autonomy, creating a smooth and reliable payment experience. In the presale current phase, RTX tokens are priced at $0.0418, offering early investors over 40% returns. Experts predict substantial growth as the token gears for listing on exchanges. RTX is expected to achieve over 100x returns by Q3, presenting a lucrative opportunity for investors. Cardano Launches Hydra Solution Cardano recently introduced Hydra, a layer-2 solution for faster transaction speeds and reduced costs. Hydra allows the Cardano blockchain to process up to one million transactions a minute. Cardano also appeals to governments and industries because of its emphasis on environmental sustainability. For example, Ethiopia uses Cardano to create a blockchain-based student ID system that ensures tamper-proof academic records. In North America, businesses are adopting Cardano for carbon credit tracking, showcasing its adaptability. Concentrating on scalability, practical uses, and sustainability, Cardano represents a compelling proposition for long-term investors. In other news, Cardano is trading near the critical support of $0.844, and its performance in the coming days will decide its trajectory. The TD Sequential indicator suggests a possible rebound, boosting holders’ optimism. However, market volatility and bearish trends could push the price to $0.711. A breakout above $1 is essential for Cardano to regain bullish momentum and prevent further declines. Remittix Projected to Grow 100x in 2025 Remittix (RTX) presents an excellent investment opportunity. Its capped supply of 1.5 billion tokens is projected to grow 100x in 2025. With its innovative cross-chain features and a competitive edge over Cardano, RTX stands out as a strong choice for investors seeking high returns and long-term value. Buy RTX now before prices explode! Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
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`Deadrop` Game Studio Shutting Down Following Dr. Disrespect Dismissal
Midnight Society, the developer behind Deadrop, confirmed Thursday that it`s closing up shop after splitting with its famous co-founder. NullTx
Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations
Memecoin generator Pump.fun was hit with another proposed class action lawsuit on Thursday, accusing the company and its executives of raking in nearly $500 million in fees while violating U.S. securities laws. The suit, filed in the Southern District of New York (SDNY), hinges on the crypto industry’s biggest lingering question — when is a token a security? Though the suit alleges that every token created using Pump.fun’s platform is a security, and thus subject to U.S. securities laws, that’s far from a matter of settled law. Under the new Donald Trump Administration, the U.S. Securities and Exchange Commission (SEC) has indicated it`s changing tack on crypto regulation, creating a new crypto task force charged with establishing a clear regulatory framework for the industry. The lead plaintiff in Thursday`s suit, Diego Aguilar, claimed to have lost money trading three Pump.fun-created memecoins in particular — FWOG, FRED and GRIFFAIN. Though Pump.fun does not itself create any of the tokens covered in the suit, the filing accuses the company of “orchestrat[ing] this scheme by providing automated tools that allow anyone to create and sell nearly worthless digital Tokens in minutes” and thus qualifies as a “joint issuer” of all tokens launched on its platform. Aguillar’s suit names a U.K.-registered company called Baton Corporation, which it alleges is the operator of Pump.fun, as well as three of the company’s co-founders — COO Alon Cohen, CTO Dylan Kerler and CEO Noah Tweedale. Cohen declined to comment, telling CoinDesk that he was speaking for himself and not the company. The other members of the team could not be reached by press time. The law firm that filed the suit, New York-based Wolf Popper LLP, filed another class action suit against Pump.fun just two weeks ago. That suit, filed on Jan. 16, has a different lead plaintiff but similarly accuses Baton Corporation and its three co-founders of selling an unregistered security — the PNUT token, a Solana-based memecoin inspired by Peanut the Squirrel, which the suit claims reached a $1 billion market capitalization. At the time of publication, the PNUT token is down 89% from its high of $2.25 last November. Wolf Popper LLP, along with crypto litigation-focused firm Burwick Law, is also behind the recent class action lawsuit filed against the promoters of the HAWK token, a memecoin tied to influencer Hailey Welch, a.k.a. Hawk Tuah. Though Pump.fun only launched a year ago, the Solana-based memecoin factory is no stranger to controversy. Last March, the U.K financial regulator issued a warning against the platform, leading Pump.fun to ban U.K.-based users. It also came under fire for its now-disable livestream feature, which allowed some users to promote their tokens with violent or sexual content. Read more: Crypto Gets Shock Video Does as Users Stream NSFW Content to Pump Their Memecoins The suit is seeking damages and attorneys’ fees. Danny Nelson contributed reporting. NullTx