In recent months, much of the news has focused on Bitcoin; however, several top memecoins have been quietly making significant gains. Peanut the Squirrel (PNUT) surged by more than 300 times its value in Q4 2024, while Floki more than doubled in price.
As the memecoin market experiences impressive increases, experts are predicting that the emerging PayFi star, Remittix (RTX), will surpass both $PNUT and $FLOKI. Remittix aims to transform the $190 trillion remittance market, which gives it greater growth potential compared to memecoins that largely rely on hype and community support.
In the meme coin mania in the fourth quarter of 2024, PNUT was one of the standout gainers. From an all-time low of $0.03187, the PNUT memecoin skyrocketed to its current ATH of $2.44, according to data from CoinMarketCap.
However, since then, the meme coin has dropped to the $0.5800 range. However, the recent performance of Peanut the Squirrel price shows how volatile the meme coin space can get, but analysts are upbeat about $PNUT.
The technical analysis group, CryptoJobs3, posed a bullish price chart for the Peanut the Squirrel coin. The chart shows that the PNUT coin has been trading in an ascending channel.
The recent decline of the PNUT price shows a negative picture, but it’s just testing the lower band of the channel. Using this analysis, Peanut the Squirrel could be back up to $0.84 by next week.
As the memecoin market exploded in Q4 2024, the price of the Floki coin jumped by more than 100%. As a result, Floki briefly traded above $0.0002600, per CoinMarketCap's data.
The Floki price attempted to break above this resistance again in December but failed, creating a double bottom. The $0.0002600-$0.0002900 range has been confirmed as a significant resistance for Floki ($FLOKI).
The chart posted by the KingsCharts on the X platform shows that the meme coin has bounced off this resistance level four times over the last two years.
However, if Floki Inu breaks above this resistance, KingsCharts believes that the memecoin price could target $0.001. Master Kenobi shared a potential 10x surge for $FLOKI that puts it among the best altcoins to watch in Q1 2025.
The PayFi sector has been abuzz with the arrival of Remittix (RTX), a new DeFi project designed as a solution to the problems of international payments. While the cross-border payment market is worth over $190 trillion, individuals and businesses often complain about slow, costly, and inefficient transactions.
Remittix is bringing a transformative revolution to the industry for individuals and businesses. The project has integrated local banking networks into its system to ensure the process of sending/receiving cryptos, converting them to fiat, and moving them to local banks is entirely hassle-free.
The versatility of Remittix is another major feature that has caught the attention of top investors. The crypto ICO has pulled in more than $2.2 million in funding because of this. Remittix supports over 50 crypto pairs and more than 30 different fiat currencies, increasing the reach that customers can have.
On Remittix’s journey to disrupting the $190 trillion market, crypto experts believe its $RTX coin will rank as one of the top crypto coins. Already, $RTX has jumped from $0.015 to $0.0193. However, given the immense potential and the growing popularity of the platform, analysts believe $RTX will be valued above $1 in 2025.
Meme coins are often celebrated for their dramatic price surges; however, they cannot compete with the vast $190 trillion market of Remittix. Analysts believe that because Remittix addresses real problems and offers significant utility, the price of $RTX will soar above $1 by 2025, surpassing both Peanut the Squirrel and Floki in the process.
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