Is This New 100x Potential Altcoin Contributing To Recent Ethereum Price Strength?

June 1, 2025

Ethereum’s back in the game, breaking out above $2,500 after chilling in the $1,400 to $2,100 range for nearly two months. ETH’s upward trajectory is a crucial recovery for the world’s second-biggest crypto, from a low of $1,385, representing a +97% increase in its value. The crypto’s 24-hour trading volume also fluctuates widely, from $10 billion to $44 billion this month. 

There are a few factors contributing to a recent bullish surge in Ethereum price, including expanding institutional adoption, its recent Pectra upgrade, and improving market sentiment.  

Also, there are a few tokens built on the Ethereum chain that are also surging in value, including one in presale that’s primed for a 100x growth potential. ETH’s latest pump’s got analysts and observers wondering—are those Ethereum-based tokens helping boost its price?

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Image Source: Finance Magnates

Although Remittix joins a crowded PayFi field, it brings a game-changing cross-border payments solution that works. Currently, users and a large portion of the unbanked use legacy systems offered by Spribe and Wise, which promise fiat-to-fiat transactions. Then there’s Coinbase, which appeals to degens and the tech-savvy with its crypto-to-fiat payments. 

However, the industry’s still bogged down by complaints, including long delays and high fees. Remittix offers a reliable fix with its crypto-to-fiat settlements. With Remittix’s Pay API, it’s now possible for users to send fiat payments across the globe, using a crypto-funded wallet. 

More than convenience, Remittix boasts quick and transparent payments, with no hidden charges! Remittix’s smart contract is built on the Ethereum chain, which translates to improved security and privacy.

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Ethereum Price Action on CoinGecko

Ethereum is one of the best-performing cryptos in recent days, demonstrating an impressive rally and a gain of over 50% for May 2025. ETH’s price surge validates the project’s standing among major cryptocurrencies in the market. According to analysts, the Ethereum price has broken through critical price resistance levels, and current technical indicators indicate the formation of a bullish flag pattern. If this bullish run continues, the Ethereum price can hit $3k in the near term.

An important factor in ETH’s recent run is the growth and expansion of institutional investments. Market data suggests that there’s a continuous flow of funds into the Ethereum-based spot ETFs. Then, there’s the recent Pectra upgrade, which integrated improvements in the chain, including boosting its transaction speed, increasing staking flexibility, and reducing costs. The latest enhancements on the Ethereum chain make it an attractive platform for building and managing smart contracts, including Remittix’s.

As the Ethereum chain continues to integrate enhancements, dev projects, including smart contracts built on top of it, will also benefit. Remittix, with its ERC 20-standard token, is one of the latest projects to leverage the popular chain. According to a recent Blocksafu audit, Remittix’s smart contract has been rated ‘Very Safe’.

Remittix’s RTX token is currently in presale and priced at $0.0781. With a scheduled price increase of $0.0811 on its next presale stage, today’s buyers are looking at a 3.84% growth. But with a few more presale stages and price leg-ups, a growth of 100x or more is always possible. 

With the next presale stage fast approaching, now’s the best time to buy your share of RTX tokens at a lower price. Get in today, and increase your chances of enjoying a bigger ROI, of up to 100x or even more!

Check out the latest Remittix presale information and its tokenomics here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix