Kategorie: Crypto Business

Key takeaways

• Remittix is a new PayFi project that allows users to pay fiat into any bank account worldwide using crypto.
• The project has raised over $5 million in its presale, selling over 284 million tokens.

What is Remittix?

The cryptocurrency space is evolving thanks to its never-ending stream of innovation. The industry has already seen the emergence of narratives such as DeFi, RWA, and several others.

Remittix is ushering in another era with an interesting narrative: PayFi. According to the team, Remittix is a payment network that merges the best parts of traditional payment systems with decentralized Finance. The merger of these two is called PayFi.

Remittix will allow users to pay fiat into any bank account worldwide using crypto. The platform will empower users to easily connect their crypto wallets and send cryptocurrencies to recipients who can receive the money in their preferred fiat currency. The best part of Remittix is that there are no hidden fees, no expensive conversation rates and the recipient will have no idea the original payment was sent in crypto.

How does Remittix work?

Using Remittix is not complicated, and it is suitable for both novices and experts in the crypto space. The development team explained the platform’s working model in their whitepaper.

The first step is to enter the recipient’s bank details into Remittix, just like you would for a standard bank transfer. The sender must also enter how much they want to pay and the payment reference to be displayed on their bank statement. Remittix will generate a quote for the sender and show the amount of crypto to transfer and the exact amount charged in fees.

Finally, the sender transfers the crypto to the unique deposit address provided. The crypto will then be liquidated and transferred to the recipient via bank transfer.

After a successful payment, the sender will be given a receipt. Updates about their payment can be found in the Remittix dashboard. Typically, payments will arrive at the recipient’s bank account within 24 hours. The full amount will arrive, and the reference will be included.

Remittix presale surpasses $5m

Remittix is a cross-border payment project that could revolutionise how users send money via cryptocurrencies. As a project with huge potential, Remittix has already raised over $5 million in its presale. 

According to the team, the presale target is $36 million, with over 105 raised so far. There are 750m tokens available in the presale, with over 284 million tokens sold already. 

Furthermore, the liquidity pool will be locked for 3 years, and the team token will also be locked for 3 years. Remittix has undergone a full smart contract audit which was passed with no issues within the contract, further solidifying their commitment to safety and transparency for their customers. 

Remittix will launch the RTX token on top centralized exchanges and on Uniswap. Users can buy the RTX tokens using USDT, USDC, and accepted cards.

The RTX token is currently sold for $0.0282 per token, with the price set to increase to $0.0297 in the next presale stage 

Why buy the RTX token now?

Remittix is an exciting PayFi project that could boost crypto adoption by making it easier to send crypto to others as fiat. The project has raised nearly $5.5 million so far, with over 284 million tokens sold.

As a project, Remittix offers numerous benefits to users, including lower fees, faster processing, transparency and security, flexibility, streamlined operations, and financial inclusion.

The presale is an opportunity to buy the RTX tokens at a possible discount price before it starts trading on centralised and decentralised exchanges.

The post Remittix unveils its PayFi project as presale hits $5m appeared first on CoinJournal.

MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project. The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX and 50,000 USDT.

Empowering Users with Jambo’s Scalable On-chain Mobile Solutions

Jambo is pioneering the development of the world’s largest on-chain mobile network through JamboPhone, a groundbreaking initiative designed to redefine decentralized finance in Africa. By leveraging cutting-edge blockchain technology, Jambo aims to enhance scalability, strengthen security, and improve user accessibility, creating a seamless gateway for millions of Africans to engage with Web3. This innovation not only democratizes access to digital financial tools but also fosters creativity and community growth. Jambo has already made impressive strides, with over 9.4 million wallets created, 772,118 phone orders, and a reach across 128 countries.

Through its token allocation mechanism, Jambo fosters participation in its ecosystem, helping build a sustainable and functional network. With growing demand in emerging markets, Jambo is positioned to expand its user base and continue developing its Web3 offerings, including potential satellite-related initiatives.

In line with its mission to drive blockchain innovation, MEXC takes pride in being among the first platforms to list transformative projects like Jambo. The listing of J underscores MEXC’s first-mover advantage in connecting users with high-potential blockchain ecosystems. By introducing Jambo (J) to its platform, MEXC reinforces its role as a gateway to emerging innovations, empowering the global cryptocurrency community.

To further support the growth of the Jambo ecosystem and community, MEXC will buy back MX tokens from the secondary market to reward users participating in the Jambo Airdrop+ event. This initiative highlights MEXC’s commitment to the development of the Jambo ecosystem while boosting the activity of its own community. Through the MX reward mechanism, MEXC not only aids Jambo in expanding its user base and strengthening its ecosystem but also underscores the platform’s long-term dedication to fostering mutually beneficial relationships between innovative blockchain projects and global users.

Celebrate the J Launch with a prize pool of 28,000 J & 5,000 MX & 50,000 USDT

MEXC will buy back its MX platform token from the secondary market to reward the Jambo community. To celebrate the launch of Jambo (J), MEXC is introducing four exclusive activities with generous rewards, starting on January 21, 2025, at 10:00 (UTC). Participants will have the chance to win J tokens, MX tokens, USDT bonuses, and other exciting benefits, with opportunities for both new and experienced users.

These activities include:

• Event 1: Deposit and Share 20,000 J & 5,000 MX (New User Exclusive)

Deposit at least 150 J or 100 USDT to qualify.

Trade J Spot ($100) to earn 20 J each, or trade J Perpetual Futures ($500) to earn 5 MX each, limited to 1,000 users per activity, on a first-come, first-served basis.

• Event 2: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses.

The top 2,000 users with trading volumes over 20,000 USDT will share the pool, with rewards ranging from 10 USDT to 5,000 USDT.

• Event 3: Invite New Users and Share 8,000 J.

Earn 20 J per referral for inviting new users who complete Event 1, up to 400 J per referrer.

• Event 4: Spread the Word and Win 1,000 J Rewards

Follow @MEXC_Listings and participate in the social campaign on X to earn more rewards.

Your Easiest Way to Trending Tokens

MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 30 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $127 million.

MEXC, known for quickly listing trending tokens, expands its offerings with Jambo (J). The J/USDT trading market officially launched in the Innovation Zone on January 22, 2025, at 10:00 (UTC), followed by the introduction of the J USDT perpetual futures at 10:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes. Trade early on the J token pre-market page with MEXC before the official launch.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

The post MEXC Strengthens Its Web3 Commitment with the Listing of Jambo (J), Empowering Emerging Markets appeared first on CoinJournal.

Key takeaways

• The iDEGEN pre-market auction has officially surpassed $16 million.
• $IDGN token has been up 900% in the last seven days despite the underperformance of BTC and other major cryptocurrencies.

What is iDEGEN?

The crypto market is going mainstream, and several leading institutions, including BlackRock and Standard Chartered, are expanding their base in the nascent industry. As these institutions take positions in larger cryptos like Bitcoin and Ether, retail investors can invest in newer projects with massive potential. 

One project that could record massive growth in 2025 is iDEGEN. The project merges the AI and memecoin ecosystems, ensuring investors take advantage of both. According to their whitepaper, iDEGEN is a meme project that leverages the benefits of AI in a bid to create the next billion-dollar memecoin. iDEGEN is a tool designed to learn, evolve, and adapt by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

The team is launching the token as a memecoin thanks to the massive adoption of this narrative in recent years. In 2024, the memecoin space grew from a $20 billion market cap to $120 billion, representing a 500% growth within 12 months. It is the second-best performing narrative in the crypto space, only behind AI. 

Hence, iDEGEN combining AI and memecoin means it seeks to leverage the two fastest-growing narratives in the crypto space.

As a memecoin, iDEGEN could be on track to outperform several other cryptocurrencies in the broader market. 

The team explained that the iDEGEN tool has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. It absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Want to read more about iDEGEN? Click here.

iDEGEN’s pre-market auction surpasses $15 million

The iDEGEN pre-market auction continues to hit new milestones. According to the website, the pre-market auction has raised $16 million, selling over 1.3 billion $IDGN tokens. 

Furthermore, $iDGN has 18,375 holders, accumulating 65,176% in ROI since investing in this token. iDEGEN implemented a unique pre-market auction method that allows early investors to record excellent gains. Despite the broader crypto market’s underperformance, the iDEGEN token has increased 939% in the last seven days. 

With the pre-market auction method, the price adjusts every five minutes based on market activity. According to the team, if an investor purchases $IDGN tokens within five minutes, the price will remain steady for the next period. However, if purchases occur consecutively, the price will rise by 5%. Finally, if no one buys the tokens within five minutes, the price will drop by 5%.

Why buy $IDGN now?

The iDEGEN pre-market auction has raised over $16 million to enable the team to build its products and services. With over 900% ROI for early investors in the last seven days, this token could outperform thousands of cryptocurrencies once it lists on exchanges. 

As an investor, one of the best times to buy a token is during its presale. With $IDGN still up for grabs, this could be an excellent investment in the medium to long term. $IDGN will list once the pre-market auction is over and could deliver excellent gains to early investors thanks to its AI and memecoin combination. 

Investors can easily track key information on the iDEGEN website, including the token’s pre-market listing price. This enables them to track the token’s progress accurately before its launch on trading platforms.

The post iDEGEN presale hits $16m, token price soars 900% in seven days appeared first on CoinJournal.