The post Cardano Holders Panic Sell While Whales Double Down On This $0.09 Altcoin appeared on BitcoinEthereumNews.com.

As retail investors scramble amid falling altcoin prices, institutional players are quietly shifting from legacy Layer-1 networks like Cardano to emerging DeFi altcoins offering real-world financial utility. Cardano’s price is now under severe pressure, while smart capital flows into low gas fee crypto options like Remittix (RTX), an innovative payments protocol still priced below $1 and analysts’ top pick for long term investment. Let’s see why. ADA’s Technical Breakdown Signals Retail Capitulation Cardano trades at $0.73 after a dramatic plunge saw over 307 million ADA worth $276 million liquidated in 24 hours. The token has broken beneath key support zones, and the MACD indicator has flipped bearish just days after flashing green. This shift signals eroding confidence in ADA’s short-term recovery, despite long-term development goals. Whale behavior is split: some have sold over 330 million ADA, while others executed over 687 large transactions during a dip, suggesting institutional indecision. If ADA fails to hold the $0.85 level, a drop toward $0.65 appears likely. A bounce, however, could see ADA retesting $1.13, but only if momentum returns fast. Remittix: The Undervalued Crypto with Real-World Payment Utility Analysts have said those who buy RTX tokens today have secured early entry into staking, utility access, and bonus rewards and there is plenty of utility to back that up. With real-world relevance, deflationary mechanics, and institutional interest, Remittix is quickly shaping up as the next 100x crypto, just as retail panic shakes confidence in older Layer-1 giants like Cardano. Unlike speculative altcoins, Remittix is building tangible infrastructure. This low cost Layer-2 Ethereum alternative supports 40+ cryptocurrencies and converts them into 30+ fiat currencies in real-time, bypassing traditional banks. Why RTX Is Gaining Whale Attention: Beta wallet launching Q3 2025 Low gas fees and simple conversion rates Built for broader use beyond trading Deflationary Tokenomics:…

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Filed under: News - @ August 5, 2025 3:27 am