Should you load up on Remittix (RTX) as Trump takes office on January 20?
(Originally posted on : Invezz )
President-elect Donald Trump is broadly expected to pass executive orders in favour of the broader crypto industry following his inauguration on January 20th.
The Republican leader has already divulged his utter commitment to making America the crypto capital of the world.
To that end, his administration, he’s revealed, will take a more accommodative stance on the crypto market.
So, it’s reasonable to believe that cryptocurrencies, and not just the more established names like Bitcoin and Ethereum, but once that have been launched only recently, like Remittix could meaningfully benefit from Trump 2.0.
Here’s what Remittix is and what it’s native RTX token has in store for potential investors.
A brief introduction to Remittix
Remittix is a blockchain enabled platform that combines all that’s good and pure about conventional banking with decentralised finance.
Simply put, it’s a payment network that enables real-time, significantly more secure, and lower-fee payments to all over the world. It’s aim, essentially, is to disrupt the global digital payments industry.
Statista forecasts the global cross-border payment market to be worth close to $300 trillion by the end of this decade.
So, Remittix, evidently, is playing in a massive total addressable market.
That’s what makes investing in its native RTX coin all the more attractive at writing. If you’d like to learn more about Remittix, click here to visit its website now.
RTX has an edge over its rivals
Remittix counts the likes of Wise and Stripe as its key competitors – but it already has an edge over both.
It’s a blockchain-based platform that enables crypto payments that can be settled in fiat currencies.
Neither of the other two are suitable options for that.
Remittix may be a great investment at writing as it’s just launched a presale.
So, unlike a bunch of other crypto token, it hasn’t already had its moment in the sun.
You can load up on RTX currently for pennies per coin that sounds exciting since you’re not very likely to have capital restraints while investing in this native crypto that looks much more than hype only.
It has actually set out to become a SWIFT alternative.
Rate cuts could serve as a tailwind for Remittix
As Donald Trump makes good on his promise of pro-crypto policies in the coming weeks, the crypto market at large is broadly expected to attract capital.
On top of it, the US Federal Reserve has plans of cutting interest rates at least two more times this year.
So, the central bank may indirectly help boost the price of Remittix in 2025 as well since lower rates tend to make bonds and saving accounts less attractive and drive money to more risk-on assets like cryptocurrencies.
Click here if you’d like to explore ways to invest in RTX today.
The post Should you load up on Remittix (RTX) as Trump takes office on January 20? appeared first on Invezz
 
         
     
     
                             
             
             
             
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