SEC ETF Review Could Boost Ripple's Price, But Remittix's Profits May Outperform
The SEC's review of Exchange-Traded Funds (ETFs) could potentially boost Ripple's price in the coming weeks. However, current price targets may not be enough for Ripple to outperform Remittix's profits later in the year.
Ripple (XRP) has been the leading PayFi token, facilitating payments between crypto and fiat currencies. Its price has been volatile, currently stuck between support and resistance levels. Meanwhile, Remittix (RTX) is emerging as a competitor in the PayFi sector. RTX tokens are currently selling for $0.1130 each, with high demand from traders. The company, which conducted a statement launch in the cryptocurrency market in July 2022, can drive buyers into a flood of referrals. Remittix offers a referral program where buyers can earn 15% of the amount of RTX tokens bought by their referrals, in USDT. Half of Remittix's tokens will be released alongside the Remittix Web3 wallet later in the year. While Ripple's price could potentially increase due to the SEC's ETF review, current targets might not be sufficient for it to compete with Remittix's profits later in the year.
The SEC's ETF review could boost Ripple's price, but current targets may not be enough for it to outperform Remittix's profits later in the year. Remittix, with its high demand RTX tokens and referral program, is emerging as a strong competitor in the PayFi sector.
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