XRP News Today: XRP Whales Move $50M to Remittix as Presale Hits $19.8M

Large XRP holders, often referred to as “whales,” have recently moved over $50 million worth of the cryptocurrency into Remittix (RTX), a token designed to bridge the gap between crypto and traditional finance. This movement has triggered speculation that a major price breakout could be on the horizon for Remittix, especially given the project’s growing presale traction and clear development roadmap [2]. Blockchain data indicates that a significant portion of the XRP is being allocated to the Remittix presale, which is currently priced at $0.0944 per token and has already raised more than $19.8 million [1][3].

Remittix is being developed as a practical solution for cross-border payments, offering users the ability to send cryptocurrency directly to bank accounts in over 30 countries, with real-time foreign exchange conversion and minimal gas fees. These features position the token as a unique player in the PayFi space, differentiating it from speculative or meme-driven altcoins [6]. The project has also announced plans to release a beta version of its wallet in Q3 2025, which will support over 40 cryptocurrencies and some fiat currencies [1]. Additionally, the team has signaled that the token will pursue a listing on a centralized exchange once the presale hits the $20 million milestone.

The whale activity has drawn attention from both retail and institutional investors, many of whom are interpreting the move as a sign of confidence in Remittix’s utility and long-term potential. Some analysts have even suggested that the token could see an 800% increase in value before the current presale bonus window closes, although such forecasts remain speculative [4]. The presale is currently offering early investors a 50% token bonus, further incentivizing participation and contributing to the project’s growing momentum [1].

While the focus on XRP remains strong, with the token currently trading at $3.11 and maintaining a market cap of $184.79 billion, the movement of whale capital into Remittix signals a shift in investor sentiment [1]. This trend is particularly significant in a market where large players often dictate price directions in the short to medium term. Remittix’s real-world applications and clear utility have also attracted interest from Pi Network holders and other crypto investors who are looking for opportunities to capitalize on early-stage projects [4].

Despite the growing enthusiasm, it is important to distinguish between actual on-chain activity and speculative forecasts. The presale’s success thus far—raising over $19.8 million—provides tangible evidence of investor confidence, but price projections remain subject to market dynamics and should be treated with caution [6]. As the presale progresses and the project moves closer to its listing and wallet launch, the market will be watching closely to see if the momentum can be sustained and whether Remittix can live up to the expectations it is generating.

Source:

[1] Timestabloid - https://timestabloid.com/xrp-whales-move-millions-into-remittix-fueling-speculation/

[2] Bitcoin Insider - https://www.bitcoininsider.org/article/283192/xrp-whales-dump-50m-pile-remittix-009-pre-cex-listings

[3] Mitrade - https://www.mitrade.com/insights/news/live-news/article-3-1045506-20250816

[4] CoinCentral - https://coincentral.com/pi-network-holders-eye-remittix-once-in-a-cycle-buying-zone-as-pi-coin-erases-weekly-gains/

[6] Blockchain Reporter - https://blockchainreporter.net/pepe-and-shiba-inu-had-their-time-analysts-say-this-altcoin-could-turn-20-into-a-fortune/