Pepe Drops 2.06% Amid Ethereum Surge, Whales Eye Remittix

Pepe, a popular meme token, is currently trading at approximately $0.000058106, marking a 2.06% decrease for the day. Despite this dip, its market capitalization remains substantial at $3.41 billion. Ethereum, on the other hand, is trading at around $1,827.59 with a market capitalization of $220 billion, following a significant surge in volume to $9 billion. Analysts are now speculating that if Ethereum reaches $3,000, it could further propel meme tokens like Pepe. Some large holders of Pepe are already diversifying their portfolios by investing in Remittix (RTX), an emerging altcoin with promising yield potential.

Macroeconomic factors are contributing to the first wave of Pepe price predictions. The Ethereum network is experiencing increased usage ahead of the Pectra upgrade and potential spot-ETF announcements. Historically, higher gas fees have driven traders to cheaper chains, but an Ethereum rally has the potential to lift ERC-20 meme tokens as well. For instance, Shiba Inu saw a 1,700% increase in 2021 when Ethereum doubled in value. If Pepe were to experience a similar relative increase, its price could rise by 5-6 times, reaching approximately $0.00030. On-chain metrics support this thesis, showing that Pepe holders with significant amounts of tokens have increased their holdings by 4% in the past week, while the supply listed on exchanges is at a two-month low, indicating that long-term holders anticipate further price increases.

The four-hour chart of Pepe shows a breakdown of a falling wedge pattern. The price has recently closed above the 50-period Exponential Moving Average (EMA) for the first time since early April, turning this area into support. If bulls can maintain the price above $0.000055, Fibonacci extensions suggest that $0.000075 could be a probable target, with $0.00010 as a reach target. Derivatives also indicate confidence in this prediction, as PEPE perpetual futures open interest has risen by 18% with flat funding rates, suggesting that new long positions are not yet saturated. If Ethereum pushes above $2,000, the dormant leverage could trigger a rapid price increase, similar to the 40% pop in March.

However, meme coins are inherently risky. If Ethereum faces resistance and traders shift their focus to Bitcoin or new Solana memes like Popcat, it could draw volume away from Pepe. Regulatory uncertainties, particularly the SEC's stance on celebrity-endorsed tokens, could also impact sentiment. Additionally, liquidity depth is a concern; while Pepe has good turnover, its order books thin out above $0.00008, meaning a large sell wall could cap rallies. A cautious approach to Pepe price predictions would involve monitoring Ethereum's 200-day moving average and Pepe exchange inflows. A break below $0.000045 would invalidate the bullish case and reveal the next support level at $0.000035.

While the future of Pepe is a topic of debate among traders, another asset is gaining attention: Remittix (RTX). This project allows users to send any cryptocurrency, including Pepe, into its swap-in engine and settle local cash to a bank account within minutes. Each conversion incinerates some rtx and splits fees with stakers, turning the coin into a revenue-generating asset rather than mere speculation. RTX is currently valued at $0.0757, with early contributors committing $14.7 million for over 531 million tokens. If Remittix secures its pending EU e-money license and implements a Solana Pay hook later in the year, experts believe a mid-cap valuation is achievable. The potential for an eight-cent to eighty-cent shift is more feasible with RTX than with multibillion-dollar Pepe.

This asymmetric potential is why some Pepe whales are bridging into RTX. By staking, they earn passive yield while still being exposed to Ethereum's potential through the payment bridge fee flow. For meme holders looking to diversify without giving up crypto entirely, Remittix offers utility, burn mechanisms, and real revenue, a combination that is rare in the meme space. If Ethereum's run to $3,000 materializes, a conservative Pepe price prediction sees a return to the March high of $0.00010. A full sentiment wave could double that figure, rewarding early investors. However, even the best memes can end, and risk-adjusted returns could favor plays like Remittix that combine hype with hard cash flows. Sophisticated investors are pairing Pepe's explosive upside with RTX's fee-sharing setup, positioning themselves for the next crypto swell.