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Cryptocurrency News Articles

Dogecoin and Pepe Hit ATHs in 2024 but Now Lose Steam as Investors Shift to PayFi Project Remittix for Profits

Jan 18, 2025 at 11:38 pm

The meme coin sector was at its best in 2024, as several tokens rose to new heights among the top meme coins. Following the rise in Bitcoin, the prices of the Dogecoin and Pepe currency skyrocketed to their ATHs in November, hence fueling the mounting hope in their local communities.

Dogecoin and Pepe Hit ATHs in 2024 but Now Lose Steam as Investors Shift to PayFi Project Remittix for Profits

The meme coin sector was at its best in 2024, as several tokens rose to new heights among the top meme coins. Following the rise in Bitcoin, the prices of the Dogecoin and Pepe currency skyrocketed to their ATHs in November, hence fueling the mounting hope in their local communities.

Now, though, the tides have shifted as even the top altcoins currencies show losses on their charts. In search of profit, Dogecoin and Pepe investors have switched to the new PayFi project, Remittix (RMX).

Dogecoin price hits 16% monthly lossAfter its explosive surge in November, the value of Dogecoin (DOGE) dropped greatly. The price of Dogecoin jumped to almost $0.48 then consolidated around $0.43. From there, other price swings saw the token hit minor declines; still, the purchasers kept Dogecoin at roughly $0.38 for some time.

DOGE has suffered additional strikes during last week when the whole crypto market started to crash. According to Santiment records, the losses for Dogecoin come from more traders closing their long positions and an increase in pessimistic short-term traders.

Moreover declining is the Open Interest, which lessens Dogecoin’s investor presence. The token is trading at $0.32, at the time of writing, while the Dogecoin price dropped 16% over the past month. Now, Remittix is the main focus of the trader buzz.

Pepe coin price chart forms bearish patterns amid monthly lowsTrading at $0.00001595, the Pepe coin price (PEPE) has dropped below its monthly lows, same like other meme coins. The reason is not far-fetched; the stock and crypto indices are declining significantly and there is great worry that the Federal interest rates will stay high.

Worse still for PEPE is that the token price has been showing a bearish trend during last week. PEPE’s monthly losses come to almost 30.28%; it has dropped nearly 10% in the past 24 hours.

Given the PEPE coin price already below its 50 and 100-day EMAs, analysis indicates a breach below the $0.0000146 level would signal bearish domination. More negative movements might perhaps see PEPE at $0.000010 settled.

Remittix set to go viral in 2025Remittix (RTX) is redefining global payments by merging blockchain technology with fiat transactions, to provide fast and cost-efficient cross-border solutions. With support for over 40 cryptocurrencies, including Cardano, Shiba Inu, Dogecoin, and Ethereum, the platform can instantly convert crypto into fiat currencies like USD and GBP, which are then deposited into recipients’ bank accounts.

As a bridge between crypto and fiat, Remittix is the superior counterpart to traditional payment providers such as Stripe and Wise and crypto-exclusive platforms like Coinbase Wallet. Together with support for 30+ fiat currencies and over 50 crypto pairs, Remittix ensures accessibility and inclusivity for both businesses and individuals, to simplify global commerce with its vast range of options.

Another key feature is the platform’s open flat-fee approach, which offers savings and transparency over the exorbitant costs and poor exchange rates of conventional banks. This approach ensures that the full amount sent reaches the recipient, making Remittix a game-changer in an industry known for shady practices.

Currently priced at $0.0207 during its presale, the RTX token offers a compelling investment opportunity. Forecasts predict significant growth, with a 25x multiplier during the presale phase and over 1,500% gains after launch, as demand for unique cross-border payment solutions continues to rise.

Remittix offers investors a chance to interact with a project with high growth potential at an earlier stage as the bitcoin market develops. RTX might not only equal the success of other top altcoins but also alter the benchmarks for blockchain-based financial solutions with increasing acceptance, a solid basis, and evident market demand.

To learn more about Remittix, visit the website and socials below:

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Other articles published on Jan 22, 2025