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Volatility is back in the crypto market and just as you might have expected, the meme coin space has been in recovery mode.
Cryptocurrency volatility has returned, and as expected, the meme coin sector is showing signs of recovery. Pepe is also showing some gains, after several weeks of trading below key support levels. Could a price spike for the PEPE token be in the works?
Away from the meme coin drama, the Remittix platform is attracting more traders to its growing community. The opportunity for profits is certainly a big draw for traders, but it’s the Remittix features that users are impressed with.
The new PayFi project aims to increase the use cases for crypto coins, especially outside the crypto market.
Pepe Price Recovers After US News
The US government recently announced a three-month pause on the reciprocal tariffs imposed on import trade, while the 10% import tariffs remain in place. In response, most stock market indices rose, and the crypto market followed suit.
Meme coins have all made solid spikes since the announcement of the 90-day pause on April 9, and the PEPE token has been one of the top gainers. The PEPE price is up by 1.4% in the past 24 hours, with a two-day high at $0.000007089.
Technical indicators on the Pepe chart, including RSI and the SMA, are now on bullish figures. Pepe’s market cap and trading volume have also gained on the daily timeframes, as the market cap inches closer to $3 billion.
Pepe Price: Review and Predictions
It was Elon Musk’s post following the tariff pause that caused the surge on Pepe’s charts. The billionaire CEO and DOGE whale shared a picture of the Pepe Frog in superhero costume, and the Pepe price surged soon after.
Pepe has been known to thrive off of social media hype and price speculation in the past. The token’s launch in 2023 was on the back of momentum around Pepe the Frog, and it has been the very image of volatility ever since.
The next stop for the Pepe price might be at the $0.00825 level, even after rejection at $0.07089. While the meme coins grapple for some stability in volatility, the new Remittix (RTX) project offers real-world usage.
We have more on the RTX platform here.
Remittix: More Use For Crypto Tokens
In a few words, Remittix’s entire philosophy revolves around facilitating direct withdrawals of crypto assets from wallets into bank accounts. No charge, no traces. Remittix is gaining popularity among traders from the top altcoins like Pepe.
The Remittix platform has APIs to enable the direct asset transfer. Users only need to provide the details of the recipient bank account and pay the gas fees to have their crypto assets sent. The APIs have smart contracts that convert the cryptos into fiat currency and resolve them in the bank accounts without attracting any bank charges or leaving any traces back to the blockchain.
With the volatility experienced in the past few weeks, investors are also looking for a relatively stable crypto project for investment. Remittix’s feature will make crypto coins useful for making direct fiat payments, since tokens will be useful right from wallets without any need for exchange or conversion.
Some e-commerce platforms have already included crypto coins as payment methods, but Remittix is expanding the use case even further. With the RTX platform, users can send funds across country borders through safe, cost-effective and untraceable channels.
The RTX platform is about to become a hub and Remittix tokens are already in high demand.
Join The RTX Presale Here!
Each Remittix coin currently goes for $0.0757, a bargain rate considering that early buyers have a chance at presale returns and the massive rally post-launch.
Analysts speculate that the Remittix rally could get to 130x in the weeks following launch. Don’t miss out on this one!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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