Pepe Coin (PEPE) has become a topic of analysis again as it anticipates potential growth within the next meme coin rally. While attention on meme tokens increases, other projects with real applications are also attracting investors.
Signals for Pepe Coin (PEPE)
Pepe Coin (PEPE) is showing signs of pressure, down 0.52% and trading at $0.00001148. This marks its second straight week in the red. However, rising trading volume, now at $784.55 million, suggests that traders are watching closely. Analysts predict that PEPE could experience significant gains, potentially surpassing Shiba Inu (SHIB) in the next round of meme coins.
A head-and-shoulders pattern on the weekly chart indicates a possible decline if support at $0.000005678 fails. Nonetheless, bullish RSI divergence is forming, with PEPE recently rejecting moves below $0.00001088, indicating active buying. If the price reclaims the 21 EMA, targets at $0.00001214 and $0.00001292 may come into play.
Shiba Inu (SHIB) Under Pressure
Shiba Inu (SHIB) is currently in a tight range around $0.000014, but prior price activity suggests weakening within the area. Down 5.42% today, SHIB's price is approaching key support at $0.00001300. The 4-hour chart demonstrates increasing pressures to sell, while the token has fallen below a 50-period moving average and has struggled to surpass resistance at $0.00001470.
MACD remains in bearish territory, reinforcing the short-term downtrend. Trading volume supports this shift, with increasing red bars as prices dip. Even with burning over 600 million tokens in 24 hours, the market has not responded positively.
Remittix (RTX) as a Solution for the Unbanked
While meme coins like PEPE and Shiba Inu (SHIB) vie for short-term gains, Remittix (RTX) has gained traction as a project with real utility. It is addressing a significant issue: the slow and costly cross-border payments. With over 1.4 billion people still unbanked, the demand for an efficient, crypto-based solution has never been greater.
Remittix connects digital wallets directly to fiat cash-outs, removing the delays and fees associated with traditional systems. It has already sold 575 million tokens.
Pepe Coin (PEPE) and Shiba Inu (SHIB) continue to compete in the meme coin market, while Remittix (RTX) stands out as a promising project with real-world utility. Investors are taking notice of traditional solutions, creating a dynamic and diverse market.
