Bitcoin price recently crossed $100,000 for the first time in its existence. This is a massive milestone for BTC, and with BTC still holding above $95,000, there’s a general optimism amongst crypto enthusiasts that BTC could even break a whopping $150,000.
The ramifications of Bitcoin price hitting this new all-time high would ripple across the entire crypto market. But how will it specifically affect coins like Jupiter (JUP) and Remittix (RTX)? Read on to find out.
Bitcoin price keeps soaring after hitting iconic milestone
No one envisaged Bitcoin’s price would continue its bull run after hitting an iconic $100k. Most people, including popular tech reviewer Marques Brownlee (MKBHD), expected Bitcoin to crash immediately after it crossed the landmark price. Bitcoin usually does, but this time around, things turned out differently.
Bitcoin has now crossed a new ATH of $107,000 with the crypto market’s bull run expected to continue roaring on, at least for the time being. BTC’s buying pressure is yet to ease despite a minor pull back just below $100,000 and based on experts’ analysis, this opens up the possibility of a $150K ATH.
Jupiter announces $860 million airdrop. JUP eyes $5
Jupiter is a decentralized exchange aggregator pooling liquidity from various platforms to offer the best trading terms and conditions. Recently, the project announced an $860 million token airdrop for its community voters in a bid to incentivize long-term participation and engagement.
This move did little to bolster JUP’s price, but it’s the kind of move that often helps projects like Jupiter build traction, which would be material for its success. JUP is currently trading around $1 and is wildly volatile. But should Bitcoin price hit $150K, JUP could hit $5, and that’s what hardcore Jupiter fans are counting on.
Will Remittix hit $1 sometime soon?
Remittix is a brand new project operating in the PayFi crypto niche. Its main goal is to greatly simplify cross border payments by integrating crypto payments with fiat gateways. In essence, Remittix allows anyone to make fiat deposits into any bank account straight from the comfort of their crypto wallet.
This is the type of groundbreaking feature that could easily shake up the whole crypto landscape. By reinventing cross-border payments, RTX could claim a giant chunk of the global remittance industry – a market that is worth north of $150 trillion at this very moment.
In addition to this innovative usage of blockchain technology, RTX offers bonuses and staking rewards to anyone who wishes to get in early. This is clearly why it has caught the attention of both newbies and experienced crypto investors.
The Remittix presale has just launched, with a token offered at just $0.015. Given its potential and strong fundamentals, there’s a decent chance RTX appreciates to $1 in the coming months. Hitting this price level would fetch early investors a substantial profit.
Conclusion
Bitcoin’s impressive rally will enable several coins like JUP and RTX to flourish. But with RTX debuting as a brand new upcoming token with loads of room for growth, its upcoming rally should Bitcoin hit $150k would overshadow JUP’s.
That is why now is the best time to jump on the RTX bandwagon. RTX is capable of hitting $1 and going aboveboard. By the time this token hits the exchanges, who knows how high it will rise?
You can find more information about Remittix (RTX) here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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