After a brief surge in early August, the Dogecoin price has started to slide, wiping out some of the gains seen in July. DOGE spiked from $0.21372 to just under $0.28, only to retrace back toward $0.202. Traders are watching closely, as a stable hold here could set the stage for renewed upward momentum, potentially driving a 30% rally toward $0.26.
Meanwhile, smart money is increasingly turning toward Remittix (RTX), an Ethereum-based utility token that is capturing whale attention thanks to its real-world applications and strong community support. With a price of $0.0944, over $19.6 million raised, and more than 601 million tokens sold, Remittix is proving that functional crypto is overtaking meme-driven projects.
Dogecoin Price Faces Key Technical Tests
The latest Dogecoin price movement shows consolidation above crucial support, with whales actively accumulating positions. It is also believed that large owners bought more than 1 billion DOGE within a day in early August, estimating a value of approximately 200 million dollars, causing a short-term 30% increase after recent lows.
The technical indicators are pointing out that it may have a multi-year breakout as long as DOGE maintains some momentum above $0.23. A rounded bottom pattern is forming across monthly and daily charts, accompanied by a possible MACD “golden cross.”
Historically, such formations have preceded massive rallies, including a prior 430% surge. While macroeconomic pressures from Federal Reserve policy continue to create short-term risks, traders remain alert to breakout opportunities.
Why Whales Are Moving Into Remittix
While DOGE battles short-term volatility, Remittix is attracting investors seeking real utility and long-term upside. Unlike meme coins, Remittix offers practical applications for cross-border payments, crypto-to-fiat conversions, and DeFi integration. Early whales are positioning themselves for gains, recognizing the token’s potential to outperform legacy altcoins like DOGE in the coming months.
- Wallet Beta Launch Q3: Mobile-first platform for seamless transactions.
- 40% Token Bonus: Early investors rewarded for supporting adoption.
- Global Reach: Supports crypto-to-bank transfers across 30+ countries.
- Practical DeFi Use Cases: Instant FX conversion and business API access.
- CEX Milestone Coming: First exchange to be revealed once $20M is hit.
With these factors, Remittix is solidifying its position as a breakout altcoin, offering a compelling alternative for those previously chasing meme-driven hype.
Conclusion: Smart Money Shifts From Dogecoin to Remittix
Although the Dogecoin price has seen notable swings, its trajectory is increasingly uncertain. In contrast, Remittix (RTX) is building a foundation with real-world utility, global adoption potential, and growing whale interest. Traders and investors looking for a high-potential altcoin are now focusing on Remittix, positioning it as a standout candidate for outsized returns in 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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