The XRP price has been a significant topic of discussion this October, as traders assess its potential recovery from recent technical issues and the broader market downturn.
While XRP remains a crucial asset for payments, investor focus is gradually shifting towards promising crypto projects gaining momentum. One such project, Remittix, a PayFi token, is being referred to as "XRP 2.0" after trending worldwide, capturing the attention of both early investors and institutional observers.
Investors had been eagerly awaiting the XRP price to reach and surpass the $3 mark. Upon achieving this milestone, various XRP price prediction models suggested that it could trigger another bullish run, potentially reaching as high as $5. Currently, the XRP price is around $2.
Remittix, a PayFi token, is being talked about as "XRP 2.0" after trending globally.
Author's summary: XRP faces new competition from emerging crypto projects.