PEPE price is now enduring a sharp correction. Over the past month, Pepe’s price has plummeted by over 16%, with a staggering 43% drop since December 9th. Chairman Jerome Powell dismissed any Bitcoin reserve rumor, and the Federal Reserve’s recent hawkish stance triggered the drop, and the PEPE price fell off, too.
2024 was undoubtedly a remarkable year. PEPE’s price blazed to a new ATH despite its satirical background. Ethereum had that rollercoaster ride that no one expected, and now, the conviction is getting stronger for utility-driven decentralized finance projects. One such is the new Remittix PayFi protocol, which is looking to revolutionize cross-border payment. Will this new decentralized finance ingenuity topple PEPE? Let’s find out.
ETH investors set sight on new PayFi Protocol
Recent market trends have proven that 2025 may be the standout year for decentralized finance. XRP gave a better bullish narrative than Ethereum after emerging as the frontrunner for a better regulatory outlook and running 500% to a six-year high at $2.55. But the show is far from over! The new decentralized financeand cross-border PayFi protocol, Remittix, is now stealing the spotlight as the new XRP killer.
By blending blockchain technology with fiat currency, Remittix introduces its PayFi protocol, enabling users to convert over 40 cryptocurrencies into fiat and transfer funds to any bank account worldwide within seconds. The aim is to serve the unbanked and replace subpar traditional CeFi’s slow, expensive, and inefficient transaction processing.
Ethereum investors are already eyeing this decentralized finance ingenuity. Experts tag it as a catalyst for mass crypto adoption, and its presale success proves this. Within a few hours, Remittix raised $300k. Currently selling fast for $0.0156, $RTX has caught the eye of investors anticipating significant returns.
PEPE price builds bullish momentum despite massive correction
After basking in the glow of Bitcoin’s surge to $100k, PEPE took a dive. However, it’s not all doom and gloom. Recent whale activity has sparked optimism. A dormant whale moved $52M worth of PEPE to its wallet. PEPE‘s RSI has neared oversold territory, while MACD suggests that the downward pressure may soon ease. As a result, Coincodex predicts the PEPE pricecould stabilize around $0.00004 next year.
What does 2025 hold for Ethereum and ETHinvestors?
Ethereum has seen a confluence of positive factors buck its outlook for 2025. Although Ethereum performed below expectations with just 59% YTD growth, the highly anticipated Pectra Upgrade could pushEthereum beyond its ATH and target a peak near $7k. Next year is touted to be massive for Ethereum‘s fundamentals and decentralized finance revolution.
The political shift in the US and the Fed rate cut saw ETH rise to a $4k quarterly high. Before this, ETH ETFs had improved their institutional appeal. With experts predicting the emergence of ETH-based “Internet Bonds” and the possibility of institutional staking within ETFs, Ethereum‘s future looks even brighter.
Conclusion
While the PEPE price continues to ride waves of volatility, Ethereum and utility-driven projects like Remittix are paving the way for the next phase of decentralized finance. As the market evolves, the shift toward platforms with real-world use cases signals an exciting future for investors seeking long-term growth opportunities.
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