Chainlink is recording massive amounts of whale accumulation. Meanwhile, savvy traders are betting on Remittix’s cross-border banking protocol, which is expected to record an 800% price jump by early 2025.
Chainlink (LINK) to Surge Towards $32 with Significant Whale Accumulation
Chainlink whales have recently accumulated over $8.19 million worth of tokens from Binance. This led to Chainlink’s exchange reserves decreasing to 161.5 million tokens, a good sign that indicates low selling pressure. If more Chainlink holders move tokens off exchanges, analysts expect Chainlink’s price to rally as soon as January 2025.
Chainlink is currently trading for $22.30 after a 2.45% intraday increase. Chainlink’s Momentum and Bull Bear Power indicators also show bullish dominance. If Chainlink holds stable support at $21, the token’s price could soon breach the critical $32 resistance.
Remittix (RTX) Revolutionizes Cross-border Banking with PayFi Solution
Remittix is bridging the digital and tradfi gap with its blockchain-powered banking solution. Remittix’s PayFi protocol is already gaining traction during its presale stages, as it allows users to convert cryptocurrency into fiat with the click of a button.
Remittix is setting itself apart from competitors like Stripe, Wise, and Coinbase by offering low-cost and lightning-fast crypto-to-fiat transfers. More than 40 different cryptocurrencies can be converted into fiat and deposited into any bank account in the world in local currency. The best part about Remittix’s PayFi ecosystem is that the platform only charges a flat fee on every transaction, removing the hassle of hidden and extra charges.
Retail traders are already rushing to Remittix’s viral presale, but the platform is also gaining whale attention with its Pay API feature. Businesses can accept customer cryptocurrency payments by integrating this feature into an existing website’s payment gateway. These businesses can set up a simple merchant account on Remittix and cash out their digital assets into 30+ fiat currencies.
As Remittix brings cryptocurrency into the real world, analysts expect a massive 800% demand-induced price jump for the native $RTX token before the end of its presale. For now, $RTX is selling for a low price of only $0.0156, giving savvy traders a low-cost entry point before Remittix goes viral in early 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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