- Dogecoin rebounds to $0.207 as whales accumulate over 1 billion tokens.
- Remittix (RTX) raises $18.2M, supporting 40+ cryptos and 30 fiat currencies.
- CertiK-verified Remittix offers low fees, fast conversions, and API support.
The price of Dogecoin has experienced considerable fluctuations recently, in which large whales have amassed over one billion tokens.
Dogecoin is a powerful competitor in the crypto world, and despite the recent decreases, analysts believe that it can reach $0.40 by September.
Nonetheless, with XRP and other coins languishing, Remittix (RTX) is picking up speed and set to overtake Dogecoin in the race to a dollar next year.
Dogecoin price struggles and rebounds
Source: Ali Martinez
Dogecoin price has just fallen to about $0.194, but the bounce is significant, and the DOGE is currently above $0.207. Such a movement is usually an indication that whales or major investors are already going into the dip.
More than one billion tokens of Dogecoin have been transferred to whales, which means that large players feel rather confident in the revival of DOGE.
Although Dogecoin has not been able to breach the resistance at the $0.26 mark since July, the increase in the number of whales holding DOGE is a good bullish indicator.
According to analysts, these big money investors are either on a gamble that there would be a turnaround or are anticipating something big which is not being priced yet.
Such a move demonstrates that Dogecoin is still regarded as a good investment, although things may not be smooth ahead, and perhaps, whale actions may not be enough to drive it above $0.40.
Remittix: The next big thing in crypto
While Dogecoin might be showing signs of life, Remittix (RTX) is quietly building steam, and many believe it will quickly surpass Dogecoin in growth.
Remittix has already raised over $18.2 million from the sale of 583 million tokens at $0.0895 each. With its focus on cross-border payments and low fees, Remittix is expected to achieve growth that Dogecoin might take years to catch up with.
Here’s why Remittix is poised for massive growth:
- Multiple Cryptos: It supports more than 40 cryptos and 30 fiat currencies
- Low Fees: You can experience low costs of transactions compared to the…