The XRP price has been a significant topic of discussion this October, with traders assessing its potential recovery from recent technical setbacks and the broader market crash.
While XRP remains a crucial asset for payments, investor attention is shifting towards upcoming crypto projects with momentum, such as the PayFi token Remittix, dubbed "XRP 2.0" after trending worldwide.
Investors had been waiting for the XRP price to reach and surpass the $3 mark, with predictions suggesting it could trigger a bullish run to $5. Currently, XRP is trading around $2.
Remittix is being talked about as "XRP 2.0" after trending globally.
Author's summary: XRP price faces competition from emerging crypto projects.