Dogecoin and PEPE Dip As Investors Take Profits Amid Volatility, Is Smart Money Moving To This Crypto Dubbed XRP 2.0?
The move by the Federal Reserve to pull back on its promise to increase interest rate cuts has led the smart money to flash sale on Bitcoin’s price as it dipped below $100K. Dogecoin and PEPE’s prices dipped, with notable downturns of 27% and 14.5%, respectively.
While Dogecoin is now changing hands at around $0.34, onlookers anticipate an uptick thanks to increased whale activity on Dogecoin’s market. DOGE has established support around the $0.3 zone, but PEPE’s price has been struggling to remain afloat after dipping past the $0.000015 support zone. While PEPE’s price has rebounded to $0.00001798, uncertainty persists.
PEPE’s price and Dogecoin aside, crypto’s smart money is now moving to Remittix, which is a cross-border payment platform set to reinvent PayFi. Remittix enables users to pay fiat into any bank account using crypto. Remittix is designed to enable instant conversion of over 40 cryptocurrencies into fiat.
Remittix surpasses expectations as smart money starts to buy in
Remittix is the latest sensation in the world of cross-border payments. In a world where crypto adoption is growing rapidly, Remittix is working to bridge the gap between traditional finance and the fast-evolving world of crypto.
Remittix’s platform is betting on a cross-border payment sector set to be worth over $250 trillion by 2027. With Remittix, crypto holders can send funds to non-crypto users through a bank account anywhere in the world.
Its platform is intuitive and affordable, as every transfer comes with a flat fee and zero hidden charges. Merchants are not left out, as Remittix offers an API kit that makes it easy and convenient to set up a business to accept crypto.
Whether you are looking for a speedy rocket to the moon, Remittix’s RTX token is a must-have because of its accessibility and transparency. Remittix offers a cool alternative that has seen traders and early participants raise over $330,000.
Dogecoin’s price plummets amid persisting bullish speculations
DOGE holders have cushioned a 45% cut on their previous gains after DOGE’s price rallied all the way to $0.48, only to receive a massive rejection in the $0.5 zone. After dipping to lows of $0.26, DOGE is now on a recovery path as its price consolidates at the $0.34 region.
Despite the downturn, DOGE’s bullish sentiments persist as some onlookers anticipate a bullish resurgence to targets as high as $0.684. DOGE is likely to face a lot of resistance at the $0.415 level, with even more short positions set at the $0.547 zone. If DOGE succeeds in surpassing these regions, its price could register an uptick to higher ATHs.
PEPE’s price dips 14% as analysts anticipate higher highs
Touted as the leading frog-themed meme coin, PEPE’s price surged to a new all-time high just two weeks ago but has registered a 37% dip from its peak, as seen by the latest market reports. PEPE’s price still demonstrates breakout signals that could see it surge over 70% now that its price is consolidating at the $0.00001792 mark.
According to popular analysts, PEPE’s price has formed a bull flag, which typically signals an incoming trend reversal. What’s more, the 200 Exponential Moving Average on PEPE’s price indicates brewing bullish momentum.
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.
