Chainlink price has entered a pivotal phase after spending much of 2024 consolidating within what analysts call a “Macro Triangular market structure.” It briefly shot above $25 before retracing and falling back into the pattern, creating what Rekt Capital terms a “volatile post-breakout retest.”
As a result, some are looking elsewhere, particularly toward emerging tokens with smaller caps and strong real-world potential. One such project is Remittix (RTX), currently at $0.0734, with $14.2+ million raised and over 524 million tokens sold. Below, we dig into why some Chainlink holders are turning to RTX for a better shot at that elusive 100x.
Chainlink Price: Critical Support and Potential Targets
LINK at $13.45. Source: TradingView
Chainlink price hovering around $13.45, finds itself in a delicate position. The token is retesting a historical demand region around $14.34, a level that spurred comebacks in the past. If Chainlink price manages to hold this zone as support, it could climb toward the top boundary of its triangular market structure, potentially re-testing $25 or higher.
However, losing this support might open the floodgates to further declines, dampening hopes for any near-term triple-digit return.
A crypto analyst echoes the same caution: after a “downside deviation,” LINK has settled near a key demand zone and might bounce with an eye on the $15.50 area. Yet talk of 100x growth is scarce among seasoned observers, particularly for a more established token like Chainlink.
While it’s still possible that large partnerships or bullish macro conditions could propel Chainlink price, many holders are looking for tokens with a smaller market cap and more direct use cases—tokens with room to go from pennies to dollars.
Remittix (RTX): Real-World Appeal at $0.0734
In contrast, Remittix (RTX) stands out for its practical approach to cross-border payments. Priced at just $0.0734, and with over $14.2 million raised across more than 524 million tokens sold, RTX focuses on sending money worldwide without hefty bank fees or multi-day waits.
Families, freelancers, and small stores can convert BTC, ETH, DOGE, or other cryptos to local cash within roughly 24 hours—deposited straight into a normal bank account.
This “PayFi” solution addresses a real, trillion-dollar market: global remittances. Observers note that if Remittix (RTX) inks partnerships with payroll providers or major e-commerce platforms, user growth could accelerate rapidly.
Because people sending money home or paying overseas suppliers stand to save time and money, the everyday demand for Remittix is potentially huge. Analysts say that mainstream adoption alone might push RTX above $1—offering early buyers a chance at significant returns reminiscent of crypto’s golden days. It’s this potential that draws some Chainlink investors craving big upside to consider Remittix as a promising alternative.
Why RTX Could Beat Out 100x Hopes for LINK
While Chainlink’s technology underpins much of decentralized finance, allowing smart contracts to interact with real-world data feeds, its market share and valuation have grown to a point that 100x leaps seem less plausible without a major industry shift.
Meanwhile, Remittix (RTX) retains a low barrier to entry, focusing on a direct consumer problem—swift, low-cost remittances. That approach often yields a steeper adoption curve if the service proves convenient and frictionless.
If the crypto market experiences another major bull run, large-cap coins like LINK might multiply in value, but smaller tokens with direct utility often see larger percentage gains. Should Remittix meet user expectations and land big deals, the token’s price could skyrocket, fulfilling the 100x aspirations some Chainlink holders now find elusive in the project they once bet on.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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