However, traders remain cautious because data shows that, despite recent gains, Cardano has actually underperformed the broader cryptocurrency market in the last week.

With all the uncertainty surrounding Cardano price, smart money has turned its attention to the new PayFi breakout star, Remittix.

Cardano Price Trends and Market Outlook

Data from Coingecko shows that Cardano has underperformed the broader cryptocurrency market in the last week, falling 1.30% even as the global market gains 3.70%. Despite this, however, technical analysis shows that the Cardano price still has a strong chance of closing above $1 due to incredible short-term momentum. The 50 and 200 moving averages on the four-hour timeframe back this bullish sentiment.

Yet, analysts note that the Cardano price action only remains attractive for short-term plays. The token has a bearish 40% market feeling and just 4.33% volatility, indicating momentum may not be sufficient to support long-term plays.

Smart Money Bets On Remittix For Significant Returns

While deliberations about the short and long-term Cardano price prediction continue, on-chain analysis shows that Remittix, a new PayFi solution native to Ethereum, has already taken centre stage and is commanding investor attention.  The cross-border payment solution is having a very impressive presale performance, raising over $25.8 million with over 663 million tokens sold.

In addition, Remittix has secured Tier-1 CEX listings on exchanges like BitMart and LBANK, opening up the door to even more liquidity inflow and capital investment. Meanwhile, the project recently rolled out its new wallet feature, which is currently undergoing beta testing by the community, a move that highlights Remittix’s growth-focused approach.

Remittix Features Investors Cannot Ignore:

Global adoption with native support for 30 different fiat currencies and 50+ cryptocurrencies Strong presale performance with over $25.8 million raised and over 663 million tokens sold, signifying strong investor interest. Successful Certik audit, solidifying Remittix’s security and credibility while driving acceptance among more conservative investors Active $250,000 community giveaway that’s generating a lot of attention and adoption among retail participants

Aside from the above, Remittix has also launched a 15% USDT referral program where participants can earn amazing rewards instantly for every referred presale buyer, a marketing decision that has further contributed to the project’s visibility and acceptance.

Analysts predict that the Cardano price will rise steadily in the short term, potentially even closing above $1. However, Remittix is capturing institutional attention with its lower-priced entry, utility-backed design, structured road map and longer-term bullish potential, making it a standout investment choice for smart money.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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