The newly integrated market AI features on CoinMarketCap are proving useful, as they display sentiment trends for each altcoin. But, while the Pepe coin recovery is pushing its sentiment to 87%, the new Remittix token is breaking out beyond with 93% bull sentiment.
This is as the beta wallet and new bonus program see a spike in buying for the Remittix token, opening new predictions as experts project potential 4,000% growth.
However, while the sentiment reveals users’ thoughts on the Remittix token and the Pepe coin, let’s delve deeper into what’s truly driving these altcoins.
Pepe Coin Set New Pattern For November Breakout
While many other meme coins struggle to recover from the recent market dip, the Pepe coin is showing signs of readiness for a new bull run. This analysis, based on its daily timeframe, reveals a new breakout above the 7EMA, which experts project could break the downtrend. Additionally, a break from this zone may indicate intense buying as the Pepe coin’s popularity enters another phase of market recovery.
Furthermore, the last few weeks have seen the Pepe price on an elongated consolidation as prices continue to trade sideways. But with a new sentimental spike returning to the Pepe ecosystem, this could be a sign of a new structural shift for upward recovery.
A follow-up on the 87% bullish sentiment this month could prepare the Pepe coin for a November breakout, potentially doubling the price by the end of December.
What Is Boosting Remittix Bullish Sentiment Right Now?
The sentiment around the Remittix token has remained positive over the last few months, with the token continuing its upward trend. However, the new 93% sentiment is a direct result of the more than 8x growth of the Remittix token this year and a setup that experts believe could deliver another 40x.
This growth has been a factor in the Remittix utility, driving a sentiment around it as buyers bet on the project gaining widespread support in payment.
There is more to the current Remittix sentiment, as analysts project the coin to outperform other altcoins this year, with sky-high price growth. However, the explanation for this projection has been a combination of the Remittix current market performance and future growth potential. The factors analysts put together for the Remittix future growth include:
- The success of the Remittix web app for cross-border payment
- Its performance across listed exchanges, as the number of exchange interests grows
- Dominance in global payment as crypto to fiat payment sees an early spike in support
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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