A major high-profile crypto event ended in disappointment for some meme coin holders, with DOGE Price falling while PEPE also dipped by 5%. One DeFi newcomer, Remittix, is breaking the trend and is up 360% for its presale.
Below, we explain the future of these tokens and why we think Remittix could be the next big thing.
Dogecoin: Stagnant Active Addresses, Bearish Momentum
In spite of all the hype for the event, DOGE Price plummeted after the summit, mirroring declining interest from traders. Dogecoin 24-hour active addresses are around the 87,100 range, mirroring the Heights visited in late November, per Santiment data. That sort of stagnation typically means fewer deals and no price action.
DOGE/USD 4HR Chart
The meme coin is technically still stuck in a downtrend channel, and around $0.22 is strong resistance. The RSI has plunged below the neutral 50 mark, showcasing dismal momentum.
DOGE’s price may slip to $0.18. The super trend indicator is also not in favor of a bullish breakout appearing soon, with the red line above DOGE’s price suggesting ongoing downtrend pressure.
PEPE: Deeper Declines Amid Falling Demand
Pepe (PEPE) endured a similar fate, dropping to around $0.0000068 — more than 5% below its high and 18% lower than the day before. It fell below its uptrend line in late February, which triggered a rejection and further losses. The RSI is close to 33, gaping toward the overbought side but emphasizing FIRM discouraging momentum.
Declining daily, active addresses and volumes are a testament to traders not being interested. Santiment data shows a decline from 7,319 daily addresses in early February to 3,611. This shows how the meme coin has lost its popularity. PEPE/USDT daily chart
PEPE/USDT Price Chart
If it continues on that path, PEPE will drop another 16% to retrace its August 5th low of $0.0000058. The reversal will depend on either an on-chain volume uptick or a global meme coin resurgence.
Remittix: DeFi’s New Star With a 360% Rise
As PEPE and DOGE prices continue to drop, Remittix (RTX) is ready to book 360% Profit to investors. The price of the token is $0.0694, and Remittix presale recently surpassed 517 million tokens and $13.7 million in funding.
Early traders booked double-digit returns, with even analysts predicting a further 200% increase by March.
The unique thing about Remittix is its cross-border payment network that is designed to convert over 40 cryptos to fiat and send money to banks around the world with absolutely no hidden fees. What would take days in traditional institutions can now be done in hours or minutes. In addition, the Remittix pay API supports business segment customers by enabling the settlement of cryptos for fiat transactions through local payment networks. An investor-friendly ecosystem reassures investors.
Every transaction is hashed on a public ledger — reducing the potential for fraud. This utility-oriented mentality is changing the dynamic not only among DeFi aficionados. If adoption rises, Remittix can eclipse previous projects that are still on temporary viral hype.
Where Next for Meme Coins and DeFi?
The aftereffects of the summit are a testament to how quickly sentiments can shift for tokens like Dogecoin and PEPE. If network activity doesn’t bounce back, both PEPE and DOGE could just drift lower
On the other hand, Remittix demonstrates how real-world solutions can gather strength even when meme coins fall apart. With a massive remittance market to penetrate and a proven ability to deliver swift, low-cost transfers, Remittix will be gracing the contact lists of investors long after the current hype cycle has come to a close.
This shift signals a broader trend: as markets mature, companies with actual utility always win in the long run against speculative projects.
Explore Remittix to see why PayFi could lead the next wave of DeFi.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
