Could XRP price lag be due to new PayFi token Remittix, as it soars to 15 million USD raised in ICO?

XRP has been stagnant around 2 USD despite a recent 15% increase within the last month. Increased selling pressure from traders and whales has raised concerns about further declines.

Remittix, having secured 15 million USD in its ICO, positions itself as a strong competitor against XRP in the cross-border payment space, providing instant, low-cost transactions.