Ethereum News Today: PEPE Faces 17% Dip Risk as Remittix Gains DeFi Momentum With $18M Raise

PEPE Price Prediction has once again attracted the attention of short-term traders, with analysts forecasting a potential 300% surge if market sentiment improves [1]. As of now, PEPE is trading around $0.000010, with some projections suggesting it could reach $0.0000244 by year-end. However, these forecasts come with caution, as experts also warn of a possible 17% dip through early August due to cooling trading volume and weakening community engagement [1]. In the short term, only a modest 1–5% rally is expected, highlighting the token’s dependence on renewed meme-driven hype for near-term gains.

While PEPE continues to be a popular subject among social media and retail investors, a different kind of momentum is building around Remittix (RTX), a DeFi project focused on solving real-world problems related to crypto-to-cash transactions [1]. Unlike the volatile nature of meme coins, Remittix is gaining traction for its utility-driven approach. The project allows users to send crypto to bank accounts in over 30 countries, supports 40+ tokens and 30+ fiat currencies, and offers fast, direct payments with low gas fees [1]. These features make it particularly attractive to global freelancers and users seeking efficient, real-time cross-border solutions.

What sets Remittix apart is its growing institutional recognition and infrastructure. It has already raised over $18 million and is backed by a CertiK audit, reinforcing its credibility in a market often plagued by scams and unproven projects [1]. Additionally, a $250,000 giveaway is currently underway, further boosting community interest and adoption [1]. These factors are positioning Remittix as a strong contender in the DeFi space, particularly as Ethereum continues to rise, driven by BlackRock’s ETH ETF application and increased capital from major financial firms [2]. Over 1 million ETH tokens have been withdrawn from exchanges in recent weeks, with many of these funds flowing into alternative DeFi projects like Remittix [2].

Analysts note that Remittix is targeting a $19 trillion market in cross-border payments, offering a solution with tangible use cases rather than speculative hype [2]. It is being compared to XRP 2.0, but without the legal challenges that have hindered XRP’s progress. The project’s cross-chain DeFi model and mobile wallet—set to launch in Q3—are expected to enhance its scalability and global accessibility [2].

As the market remains divided between speculative plays like PEPE and utility-focused projects like Remittix, the coming months will be critical in determining which approach resonates more with investors. While the 300% price prediction for PEPE is enticing for traders seeking short-term gains, the growing inflow of Ethereum capital into DeFi alternatives suggests that long-term value may lie in projects like Remittix [1].

Source:

[1] PEPE Price Could Surge 300% But Remittix Might Outshine PEPE This Month (https://coindoo.com/pepe-price-prediction-pepe-price-could-surge-300-but-remittix-might-outshine-pepe-this-month/)

[2] Ethereum Price Surges But How High Can ETH Climb? All Signs Point Toward $4,000 As Institutional Money Continues Pumping (https://coindoo.com/ethereum-price-surges-but-how-high-can-eth-climb-all-signs-point-towards-4000-as-institutional-money-continues-pumping/)