Remittix Launches RTX Token Ahead of Ripple Partnership Milestone
Ripple's partnership with Jeonbuk Bank has sparked renewed interest in its institutional payment services, but it remains unclear whether this will translate to a $5 XRP valuation.
The partnership demonstrates continued demand for better international money movement and highlights Ripple's established lead in the payments sector. However, a bullish price prediction would require sustained buying through successive levels and convincing evidence that the payments ecosystem continues to expand.
Remittix, a competing project, is set to launch its RTX token on November 24 at $0.23, with a final tier of $0.46 planned for later. The project's focus on delivering fiat currency directly into bank accounts resonates with the contractor waiting for an invoice.