Metaplanet Overtakes Tesla To Become 7th Largest Bitcoin Holder, Retail Investors Flock To New ICO Likened To XRP
As Bitcoin adoption continues to expand across institutional players, more companies are increasing their Bitcoin (BTC) holdings as an alternative savings option. Metaplanet Inc. is one of the leading names among the institutional investors in BTC. The company, which is tagged Asia’s Microstrategy, is currently the 7th largest BTC holder after its recent purchase of 1,234 BTC for $132.7 million.
However, while institutional investors are stashing BTC, retail investors are more interested in a new Ethereum-based token called Remittix. The Remittix presale has been moving so fast, reaching over $15.8 million in total raise within a few months. Let’s find out why some people call RTX the new Ripple (XRP) despite being in its early days.
Remittix remains the talk of the town during presale
The Remittix presale is one of the biggest news stories in the crypto market recently. Since the presale began some months ago, it has moved at an unprecedented speed, reaching a total raise of nearly $16 million in no time. The early presale success reflects investors’ strong interest in Remittix, especially as top cryptocurrencies like BTC and XRP have been moving sideways in recent weeks.
For Remittix, the broader crypto sentiment has only caused more attention. More investors are diversifying their portfolios with the new altcoin and the earliest adopters have already made about 500x gains. Regarding its long-term possibilities, experts have predicted that Remittix could do 1,000% gains or more in 2025, especially after the project kicks off officially and the RTX token gets listed on reputable crypto exchanges.
Bitcoin’s institutional investors remain unfazed
Despite the lingering bearish trend in the crypto market, the BTC price has maintained an average price of around $106K over the past month. Even the massive dip from the global tensions could not hold the BTC price from moving back to the green zone. The doggedness seen in the BTC price movement is largely a result of the continuous purchase of Bitcoin by institutions.
Companies like Strategy, Fidelity Investments and Metaplanet are accumulating BTC in massive numbers, with Metaplanet now edging Tesla in the top 10 Bitcoin holder list after its latest purchase.
Source: CoinMarketCap
Evidently, institutions are unfazed by the happenings in the broader crypto market, but for retail investors, the 3% increase in the BTC price over the past week is somewhat low.
RTX could outshine BTC and XRP in 2025
Due to the slow upward movement in the BTC price, more retail investors are turning to altcoins like XRP for portfolio diversification. The interest in XRP stems from its big status in the crypto payment space, as businesses and individuals now leverage XRP for superfast cross-border payments at extremely low costs.
Source: CoinMarketCap
However, the XRP price shows similar slow growth to BTC. For context, XRP has been stuck around $2 for the past few months. Conversely, RTX is soaring and is now believed to be poised for the biggest gains compared to BTC and XRP in 2025.
The massive jump in the RTX price would be fueled by its demand by businesses using the Remittix Pay API to process cross-border payments for their products and services. Plus, individuals sending money worldwide will also need RTX to spread love to their friends and families who can get the payment directly in their bank accounts and convert to 30+ fiat currencies in one place.
Conclusion
With Remittix’s promising outlook, now is the best time to buy RTX at $0.0781 before it reaches its $18 million soft cap value and explodes.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
