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PEPE's 26% Price Drop Sparks Investor Concerns, Remittix Gains 1000%

Coin WorldWednesday, Mar 12, 2025 6:17 am ET
2min read

PEPE, a meme-based cryptocurrency, has been a focal point in the ongoing "memecoin era," despite recent price fluctuations and occasional delistings. The token's popularity surged due to its meme-based appeal, but a recent 26% price decline over a week has raised concerns among investors, casting doubt on ambitious predictions of a $100 billion market cap.

PEPE is currently trading at $0.0000061, significantly lower than its previous highs. The main support level at $0.0000070 has been breached, leading to a series of substantial losses. As selling pressure intensified, trading volume increased by 15%, highlighting the rapid shift in sentiment when fundamentals are not aligned.

Market analysts are divided on the future of PEPE. Some predict a potential 200% gain if new demand is sparked, but the token's reliance on viral trends is evident. Without solid institutional backing or a functional use case, price predictions are heavily influenced by transient social sentiment. Currently, 78% of PEPE holders are experiencing losses, tempering expectations for an immediate recovery.

The debate over whether PEPE can reach a $100 billion market cap continues, fueled by memes and social media chatter. However, the breaking of support levels and ongoing volatility suggest caution, with no immediate catalysts on the horizon. Memecoins are notoriously unpredictable, and 40x returns are still possible if the market experiences another hype-driven surge.

While PEPE awaits a turnaround, Remittix (RTX) has been gaining traction with its real-world use case in the cross-border remittance sector. The project has sold over 518 million tokens in its presale, raising $13.8 million during a bear market. Priced at $0.0734, Remittix has delivered 1000% returns to early adopters, demonstrating that utility and speculation can coexist.

Remittix is particularly attractive to freelancers, migrant workers, and companies seeking faster and less expensive cross-border transactions. For example, a Brazilian graphic designer billing U.S. clients would face multi-day delays and high wire transfer fees through conventional banking. With Remittix, funds are processed through local networks and blockchain rails, typically arriving within hours at a fraction of the cost.

In addition to speed and lower fees, Remittix offers transparency through an open ledger that minimizes fraudulent or hidden fees. Its pay API accepts over 40 cryptocurrencies, converting them to local fiat automatically. This use-case-driven approach contrasts with memecoins like PEPE, whose prices are heavily influenced by short-term speculation.

Analysts anticipate another 200% rally for Remittix this month, citing the coin's robust fundamentals and locked liquidity as reasons for potential outperformance compared to purely speculative tokens.

The memecoin hype cycle is notoriously unreliable, and while PEPE could see 40x gains with a bull run, recent price action and increasing underwater holders raise questions about sustainability. In contrast, Remittix represents a different narrative in a crypto space approaching maturity.

DeFi is increasingly rewarding projects that address real user pain points. Instead of relying on influencer pumps, tokens like Remittix are tapping into a $190 trillion remittance market with tangible benefits. Presale investors have already seen substantial returns, and continued adoption could spark another run-up. In a space where most memecoins experience dramatic highs followed by prolonged drops, Remittix stands out by integrating real-world payments with blockchain technology.

Comments

Post
Debbie
03/12

𝗧𝗿𝘂𝘀𝘁 𝗺𝗲 𝗶𝘁𝘀 𝗮𝘄𝗲𝘀𝗼𝗺𝗲! 𝗜𝘁'𝘀 𝗻𝗼𝘁 𝗮𝗯𝗼𝘂𝘁 watching 𝘁𝗵𝗲 𝘃𝗶𝗱𝗲𝗼𝘀 𝗮𝗻𝗱 wasting 𝘆𝗼𝘂𝗿 𝘁𝗶𝗺𝗲 𝗼𝗻 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀, 𝗜 𝘄𝗮𝘀 ignorant 𝗱𝗼𝗶𝗻𝗴 𝘀𝗼 𝘁𝗵𝗲𝗻 𝗜 decided 𝘁𝗼 𝘁𝗿𝘆  @ 𝗗iana Goulding she 𝗵𝗮𝘀 𝗺𝗮𝗱𝗲 𝗺𝗲 𝗮𝗯𝗼𝘂𝘁 $𝟭𝟲𝗸 𝗳𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 $𝟰𝗸 𝗜 𝗶𝗻𝘃𝗲𝘀𝘁𝗲𝗱. 𝗗𝗺 𝘃𝗶𝗮 𝐖𝐭𝐬𝐩✙ 𝟏𝟐𝟐𝟑𝟐𝟖𝟑𝟕 𝟑𝟔𝟖..

0
jobsurfer
03/12
@Debbie Yessir
0
psycho_psymantics
03/12
$RTX new space deal with returning customer for satellite solar power rocket lab (RKLB)
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Affectionate_You_502
03/12
Remittix is low-key crushing it with real use cases.
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Most_Caramel_8001
03/12
PEPE's rollercoaster got me dizzy. Remittix steady gains make it a breath of fresh air in crypto chaos.
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HJForsythe
03/12
@Most_Caramel_8001 Yessir
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Urselff
03/12
PEPE's got meme power, but is it sustainable? 🤔
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Janq55
03/12
Remittix killing fees, faster transfers, win-win! 💸
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Snorkx
03/12
Remittix to the moon or what? 🚀 $RTX is showing crypto's real power with practical use, not just meme hype.
0
ABCXYZ12345679
03/12
PEPE might moon, but I'm cautious with my bags.
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HotAspect8894
03/12
Diversifying with $RTX, less hype, more utility
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smarglebloppitydo
03/12
PEPE's dip isn't surprising. Without real utility, it's all about the next meme trend. 🤔
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rbrar33
03/12
@smarglebloppitydo True, PEPE's all about hype.
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Jessica Wills
03/12


I must admit that I've found it challenging to achieve success in trading on my own. However, since partnering with Mr. Steve, I've experienced a significant improvement in my trading outcomes, with profits exceeding $39,000. For those interested in exploring his services, Mr. Steve can be reached via text at +1(347) 316-9587 or telegram @steven_uu

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therealchengarang
03/12
@Jessica Wills 👍
0
Touma_Kazusa
03/12
Memecoins wild ride, but I need steady gains.
0
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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