Litecoin Hits $222, HBAR at $0.80: Discover July’s Top Altcoin!
July’s Crypto Landscape: Litecoin, HBAR, and the Rise of Remittix
Litecoin’s Critical Retest: Aiming for $222
As July unfolds, the cryptocurrency market is buzzing with activity, particularly for Litecoin (LTC). Recently, LTC broke free from a prolonged downtrend, surpassing the 50-day moving average to reach a peak of $92.29. However, the price has since settled back into the $85–$86 range, a movement traders refer to as a “retest.” If this support level holds, chart analyst Jit Amberly predicts a swift ascent towards $222 later this year.
Market speculation is also heating up, with Bloomberg ETF analysts Eric Balchunas and James Seyffart estimating a 95% likelihood of Litecoin receiving approval for a spot U.S. exchange-traded fund (ETF). They anticipate that the SEC will greenlight several altcoin ETFs in the latter half of 2025, simplifying the process for everyday investors to acquire LTC through brokerage platforms. A confirmed ETF, combined with a successful retest, could trigger a rally reminiscent of Litecoin’s previous halvings.
HBAR’s Enterprise Growth: Targeting $0.80
Hedera’s native token, HBAR, is experiencing an upward trend, currently trading around $0.15, buoyed by a series of positive developments. On June 24, Blockchain for Energy joined the Hedera Governing Council and will operate its own node. Shortly after, Hedera unveiled an open-source AI Studio, enabling developers to create voice-driven decentralized applications (dApps) on the platform. Additionally, a partnership with OneWave aims to introduce Web3 rewards to 169 million mobile users across Indonesia and the Philippines.
Investors are closely monitoring the Canary HBAR ETF, which is currently under SEC review until July 7. Approval could provide institutional investors with an easier way to hold HBAR, potentially driving the price from its current level of $0.15 to $0.20, and eventually towards the much-anticipated $0.80 mark. For this to materialize, HBAR must continue leveraging its strengths in sustainability, AI applications, and mobile gaming partnerships.
Remittix: The Upcoming Wallet Launch
While Litecoin and HBAR are navigating regulatory landscapes, Remittix (RTX) is taking a more direct approach by launching a functional product and implementing token burns with each transaction. The RTX Wallet, set to debut this month, will allow users to convert RTX into various currencies in under ten seconds. A small portion of each transaction will be permanently burned, reducing the total supply and exerting upward pressure on the token’s price.
The project is piloting two payment corridors—one in West Africa and another in Southeast Asia—to test real-world transaction capabilities before summer concludes. Early adopters have reported competitive exchange rates and user-friendly QR payment links compatible with any mobile device. Additionally, the team has successfully raised $15.9 million, selling over 548 million tokens at a price of $0.0811 each, and is nearing an $18 million soft cap.
If these pilot programs demonstrate substantial transaction volume, Remittix could surpass speculative tokens like Dogecoin and Shiba Inu. The project’s emphasis on rapid, low-cost cross-border payments addresses a growing demand, especially during economic downturns. Given that Remittix remains under the radar, even modest success could yield significant gains compared to larger tokens that require billions in new investments to see movement.
Conclusion: Who Will Dominate July’s Crypto Scene?
Litecoin is at a pivotal moment, with a crucial retest that could propel its price towards $222, particularly if an ETF announcement materializes. Meanwhile, HBAR is combining consistent enterprise developments with its own ETF aspirations, targeting a price of $0.80 after overcoming the $0.20 resistance. Both narratives are compelling, but Remittix stands out with its operational wallet, integrated token burns, and immediate payment pilots. With funding nearly complete and a product ready for real users, RTX could achieve significant percentage gains well ahead of ETF news.
For more information about the future of PayFi with Remittix, visit their presale page: Remittix Website. You can also follow their updates on social media: Remittix Socials.
