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Cryptocurrency News Articles
PEPE Coin Faces Strong Resistance as Bearish Signals Mount, While Remittix Skyrockets Despite Market Volatility
Feb 19, 2025 at 08:00 pm
Recent weeks have seen notable price swings for PEPE Coin, which has investors wondering where it might go. PEPE Coin market capitalisation has fallen
PEPE Coin, the once-booming meme coin, has seen better days. After reaching a high of nearly $0.00024 in December, the token has faced immense selling pressure, leading to a 46% decline from its peak.
Now trading at $0.00000966, PEPE Coin’s market capitalisation has also seen a significant drop, going from a high of $10 billion to $4.1 billion at the time of writing.
Adding to PEPE Coin’s woes is a notable decline in its futures open interest, which fell from a high of $556 million in January to $258 million. This decrease in futures activity suggests a loss in investor confidence, as futures trading is a common method for investors to speculate on an asset’s future price movements.
Despite having a strong holder community, market indicators suggest that PEPE Coin may face difficulties in returning to its previous highs, especially as investors are shifting their attention to high-growth altcoins like Remittix, which is performing well amid the market turbulence.
PEPE Coin faces strong resistance as bearish signals mount
As PEPE Coin continues to decline, analysts are keeping a close eye on certain technical indicators. The token is forming a death cross pattern, where the 50-day and 200-day Weighted Moving Averages (WMA) are intersecting – a traditionally bearish indication.
Moreover, the Relative Strength Index (RSI) levels have dropped below 50%, currently at 39%, further suggesting that the bears are still in charge.
On the 4-hour chart, PEPE Coin has formed a bearish flag pattern, indicating that further declines could be on the horizon. If the current trend continues, analysts predict that PEPE may drop below $0.0000058, which would mark its lowest swing low since last August.
However, the chart has also formed a falling wedge formation, which often indicates a breakout. Should this pattern play out favorably, it could lead to a potential recovery for PEPE Coin, allowing it to reach $0.000028 and presenting investors with a possible gain of 188% from its current price.
These conflicting signals are also accompanied by a rise in PEPE holders, which have increased from 384,000 to 404,100 in the past month. This suggests that committed investors are still holding on to their tokens.
As PEPE struggles to regain its market share, traders are shifting their attention to a rapidly growing altcoin like Remittix, which is remaining stable amidst the market turbulence.
Despite having significant community backing, PEPE still lags behind Dogecoin in terms of market capitalisation, user adoption and overall mainstream popularity. Having the largest holder base, growing institutional interest and a pending ETF application, Dogecoin’s lead over meme coins remains strong, making it unlikely for PEPE to overtake it in the near future.
Dogecoin’s market capitalisation is staying considerably elevated, and its enduring status as the first meme coin continues to draw traders away from newer options like PEPE.
The Altcoin Skyrocketing Despite Market Volatility: Remittix
While PEPE Coin’s future appears uncertain, a top investment opportunity for 2-5x gains in 2025 is emerging with Remittix. Unlike meme coins that rely on speculation, Remittix is designed for real-world financial use cases, enabling instant crypto-to-fiat conversions and seamless international payments.
This hands-on financial integration has established it as one of the fastest expanding blockchain projects of the year.
Remittix’s achievement becomes clear when considering that their presale has now generated more than $12.2 million. Such a level of investor confidence shows that Remittix is more than just a passing cryptocurrency trend; it represents a viable long-term financial asset.
In contrast to PEPE, which is experiencing a drop in social engagement and liquidity issues, Remittix is attracting increased institutional support and attention from individual investors.
A major factor influencing Remittix’s adoption is its ongoing giveaway campaign, which has brought in hundreds of new users to the platform. By engaging more investors in its blockchain-based payment solutions, Remittix is expanding its international presence and solidifying itself as a key player in digital payments.
Why investors are choosing Remittix
As PEPE Coin remains a speculative investment, Remittix is demonstrating its long-term sustainability through practical applications. Investors seeking a more secure and scalable investment option are opting for Remittix’s financial framework, which integrates effortlessly with traditional banking systems.
In contrast to PEPE, which has seen a decrease in futures interest, Remittix is rapidly increasing its market presence.
Furthermore, Remittix’s expanding ecosystem includes institutional collaborations, merchant integrations and adaptable financial solutions that extend beyond mere
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- Dogecoin Price Eyes Breakout As $0.28 Emerges As The Next Major Milestone
- Feb 22, 2025 at 08:50 am
- Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH).
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