Dogecoin (DOGE) drew the market's attention in November 2024 and peaked at $0.45 after showing a substantial post-election spike. Investors were thrilled, anticipating this as the beginning of a long-awaited march to $1. However, the momentum faded quickly. Since February 2025, Dogecoin has lost all its gains; the price now sits below $0.20. It is trading at $0.16 as of press time, which begs the issue of whether Dogecoin still has $1 as its target or if that has changed.

Dogecoin’s Struggles Continue as Sell-Offs Mount

For weeks, Dogecoin has dropped; there is no indication of a speedy recovery. The coin has lost its footing and fell another 9.7% over 24 hours after momentarily steadying at $0.20. On-chain data paints an ambiguous picture.

A 360 million DOGE tokens transfer to Binance, worth $62.67 million, has raised worries of a sell-off. When large wallet holders transfer assets to exchanges, it usually indicates incoming selling pressure, which could push DOGE lower. While other traders assume the transfer is for safekeeping rather than an urgent dump, the market has remained on edge due to uncertainty. Meanwhile, Dogecoin's active addresses rose 270% in 24 hours, from 71,750 to 264,000. Generally speaking, more on-chain activity would be a positive sign indicating more network involvement and interest. DOGE stays below the psychological $0.20 mark despite rising holder value, proving that price appreciation might not follow an increase in holders.

Can DOGE Still Hit $1 in 2025?

According to historical trends, Dogecoin exhibits huge retracements before strong breakouts. DOGE fell 64% in October 2022, only to rebound 300% months later. A comparable correction in March 2024 resulted in a 500% gain. The current pullback is more severe than past ones, but analysts believe that if the pattern continues, DOGE might still attempt a breakout to $1. Despite these prospects, DOGE faces some of its most challenging market conditions in years. A potential resurgence is contingent on renewed whale interest, Dogecoin ETF approval, or a new wave of Elon Musk-fueled conjecture. However, the steady collapse of Dogecoin has prompted many investors to look for stronger, more fundamentally driven prospects. Rexas Finance (RXS) has garnered substantial popularity as an ecosystem geared for real-world financial applications rather than speculation.

Holders Diversify to Rexas Finance (RXS): Here is Why

While the general crypto market struggles to regain pace, Rexas Finance (RXS) has rapidly gained acceptance, topping 50,000 active holders this month. In contrast to meme-driven tokens, Rexas Finance is a utility-first blockchain ecosystem that focuses on real-world asset tokenization, decentralized finance (DeFi), and AI-powered financial solutions. As the market evolves toward utility-driven cryptocurrencies, Rexas Finance has established itself as a pioneer in RWA tokenization—an industry expected to be worth more than $30 trillion by 2030. The platform allows users to fractionalize their ownership of real estate, commodities, and financial instruments, bridging the gap between traditional finance and blockchain. The ongoing Rexas Finance presale has been a tremendous success, with Stage 12 (the last stage) already 91% sold out. As of writing, investors had invested $47.2 million in the presale, making it one of the most anticipated launches of 2025. Unlike venture capitalist-backed firms that dump tokens at launch, Rexas Finance has turned down VC investment, assuring a more equitable token distribution mechanism that favors long-term investors.

Aside from tokenization, Rexas Finance provides diverse financial tools that attract investors. The Rexas AI Shield improves blockchain security by detecting smart contract issues before they are exploited, an essential feature in an industry plagued by security breaches. Meanwhile, the Rexas Treasury supports multi-chain staking and yield optimization, guaranteeing that investors obtain stable returns regardless of market volatility.

With Rexas Finance's exchange debut set for June 19, excitement over the project grows. At least three of the world's top ten exchanges have confirmed their plans to list RXS at $0.25. This grand debut is likely to boost liquidity and trading volume enormously. According to analysts, RXS could be one of the biggest gainers in 2025, with a price target of $10 before the year ends.  

Final Thoughts: Will Dogecoin Recover? Or Will Rexas Finance Take the Spotlight?

Dogecoin's long-awaited journey to $1 remains questionable, as sell-offs, weakening momentum, and investor fatigue continue to weigh it down. While historical indicators indicate a likely breakout, DOGE requires renewed whale interest and better adoption drivers to rekindle its run. Meanwhile, Rexas Finance is proving to be one of the best-performing cryptocurrency projects of 2025. Rexas Finance is developing as a market leader as investors focus on high-utility projects with long-term growth potential.

The final presale stage is almost sold out, with investors looking for the next big breakout chance to buy RXS before it goes public.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance