Pepe market sentiment update as Fear & Greed Index dips below 50

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Pepe is in the spotlight again as market sentiment shifts. The Fear & Greed Index has fallen below 50 for the first time in eight weeks, reflecting increased caution among traders. Meme coins like Pepe can be volatile and often move in fast cycles, and this latest sentiment reading has prompted some market participants to reassess near-term positioning.

Outside meme coins, newer projects such as Remittix (RTX) are also drawing attention for payment-focused use cases. The project says it has raised over $26.2 million, released a Beta Wallet supporting 40+ cryptocurrencies and 30+ fiat currencies, received a CertiK security review, and secured exchange listings on BitMart and LBank.

Pepe Price and Market Sentiment

Pepe’s price is $0.00001081, down by 1.15% for the day. Pepe is a popular meme token, while its trading volume is down by over 35%, with a reported market capitalization of $4.52 billion and trading volume of $455.36 million.

The decline in the Fear & Greed Index is often interpreted as a sign of broader market uncertainty. For meme coins, which can react strongly to shifts in sentiment and liquidity, this may coincide with higher short-term volatility. Any interpretation of these indicators remains uncertain and may differ across market participants.

The Remittix Beta Wallet Launch

While meme tokens like Pepe continue to attract attention, some utility-focused tokens have also been discussed by traders. Remittix (RTX) is described by the project as a payments-focused initiative that aims to enable users to send cryptocurrency to bank accounts in 30+ countries. The project reports a token price of $0.1080 and says it has raised over $26.2 million, with over 667 million tokens sold.

The project also says the Remittix Beta Wallet is live, supporting 40+ cryptocurrencies and 30+ fiat currencies, including real-time conversion and crypto transfers.

Key Updates: CertiK Verification and Exchange Listings

Remittix states it has been reviewed by CertiK. Any security review should not be interpreted as a guarantee against future vulnerabilities.

The project has also said it secured exchange listings on BitMart and LBank, which it links to token-sale fundraising milestones.

Remittix has additionally referenced marketing incentives such as a referral program and a giveaway in its community materials.

Project-reported updates mentioned in recent materials:

  • Over $26.2 million raised and 667 million+ tokens sold (project-reported)
  • Beta Wallet described as live with support for 40+ cryptocurrencies and 30+ fiat currencies
  • CertiK review referenced by the project
  • BitMart and LBank listings described by the project
  • Marketing incentives (such as referrals and giveaways) referenced in community communications

As the meme-coin sector reacts to shifts in sentiment, some readers may also be monitoring payment-focused initiatives. Claims related to fundraising, listings, and product readiness should be treated as project statements and verified via primary sources where possible.

Project links (for reference):

Website: https://remittix.io/

Socials: https://linktr.ee/remittix


This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, readers are encouraged to do their own research and consider the risks involved.

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