Remmitix, or RTX, has already established itself as one of the top-performing altcoins in the market. RTX is showing some positive movement, which suggests that people are engaging with the token positively. The chain sold 528 million tokens at $0.0757 each, helping the token raise $14.5 million.
This has easily helped RTX gain one of the top 10 positions, which could mean a great win for the token since it will help it reach a new high. On the other side of the spectrum, we have DOGE and ADA. While ADA has shown positive traction, DOGE has been sluggish.
What Makes RTX Shine?
The driving factor for RTX is its real-world functionality. The token goes beyond the status of an academic or meme coin. RTX helps tackle real-world challenges in financial operations. Developers of RTX have turned the project into a PayFi system, allowing users to access quick and secure international transactions.
RTX also offers help to people who are freelancing in places with poor banking systems. The project can allow these workers to use it as a bank. Users can get paid in crypto and ask the project to encash it when needed.
This makes the token useful in a real-life scenario, making it an investment worth making. Then again, the speculations that RTX would eventually replace DOGE and ADA is a little farfetched.
Therefore, while it is highly likely that RTX could grow, but it cannot ‘replace’ any of the other blockchains.