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The investor sentiment uptick on Tuesday was spurred by investors' belief that tariffs imposed by President Trump's administration would be less severe. Several top altcoins posted single-digit gains, while meme coins like Pepecoin barely saw upward movements.
Pepecoin latest news reveals the token will see more sell-offs regardless of what happens on Wednesday. Any positive development wouldn't be enough to flip Pepecoin bullish due to the recent dump by whales.
Meanwhile, there is Remittix (RTX), a new payment network putting on a show in the market trenches. The new PayFi protocol has attracted huge interest from market participants across the market. Businesses and freelancers are lined up to exploit its unique DeFi capabilities once it launches officially.
With the rate at which the project’s market presence is growing, experts forecast that the project could enjoy market pumps of up to 100x before the year's final quarter. We will cover Pepecoin latest news and examine why Pepe holders have joined crypto degens and investors to back Remittix.
Pepecoin Latest News: Huge Duge by Whale Could Trigger Increased Selling Volumes
While metrics indicate that the total number of Pepe holders increased last month, Pepecoin'spoor run has triggered investors to begin dumping their holdings. The froggy token, which is exchanging at $0.000007388, has suffered a colossal 61.81% dump from year to date. Pepecoin's market capitalization stands at $3.1 billion, which is way short of the $11 billion it boasted sometime in December 2024.
Pepecoin latest news confirms the sales of 150 billion tokens, a few days ago, by an early Pepe investor which is about $1.14 million. Well, it does appear that whales are feeling less confident in Pepecoin and switching to other projects with huge upside potential like Remittix. Given Pepe's poor performance and the lack of momentum in the crypto market, their decision looks reasonable.
Experts believe this sudden withdrawal will cause the token to print consecutive red candles this week with increasing selling pressure. Pepecoin is expected to reap the ripple effect of this whale activity—more sell-offs, and thus, any developments from the Liberation Daywouldn't turn Pepecoin price prediction bullish.
Moreover, the RSI, which stands below 50, confirms that bears have started making moves. Once the sell-offs begin, Pepecoin could see huge losses and plunge its value to levels last seen in November.
Remittix: Numbers Don't Lie!
Remittix has been one the best-performing projects in the market by a mile. RTX has enjoyed increased market interest since its investors caught wind of the project’s potential. Achieving a whopping 14.3 million of investor capital in one of the most challenging periods is no easy feat. Pepe holders have joined institutional investors in this period, racking up 525 million tokens. At this rate, experts are confident that RTX will be an instant hit once it enters the market.
Market participants are particularly drawn to its compelling utility that enables instant and direct crypto-to-fiat payments; a solution like this is unlike anything the market has ever seen. On this innovative platform, users can withdraw their crypto assets in any way they prefer; they can convert directly to fiat or any cryptocurrency pair of choice.
Interestingly, Remittix expands its reach to underbanked regions and developing countries where users cannot access modern financial tools. This innovation will foster improved B2C relationships and broaden its demand, making the forecasted multi-trillion-dollar market size more realistic.
Moreover, Remittix’s flat fee strategy will cancel out financial intermediaries and allow every cross-border payment made on the platform at zero cost. Entrepreneurs and businesses can evade FX costs and hidden charges by adopting this payment solution.
The numbers don't lie; Remittix is moon-bound in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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