Are Dogecoin and Ethereum Price Surges The Start Of Altcoin Season? Here's What Whales Are Buying

Crypto Whales Investment
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Altcoins are heating up again. Dogecoin’s price is rallying, Ethereum just rolled out a major upgrade, and Remittix is about to top a $15 million presale raise. Big capital is moving, and the signs of a potential altcoin season are here.

This is what to know about these three tokens and why whales are getting involved.

Dogecoin stages an epic comeback

Dogecoin is back and making headlines again, recently posting a 15%+ surge in the space of 24 hours on May 9th. That puts its monthly performance at over 43%+ back, with DOGE rising out of a multi-month trough that had some speculating about further declines.

Dogecoin Price Surge
Source: CoinGecko

Large holders, scooping up millions of DOGE in a single transaction, have been adding to their bags in the background recently, suggesting they see more upside ahead. According to reports, whales moved approximately 60.9 billion DOGE in the days leading up to this rally.

So does Dogecoin’s rise signal the start of altcoin season? It’s hard to say for certain, but momentum is undoubtedly returning to the market.

Ethereum’s price breakout could signal gains for ETH-based tokens

Like Dogecoin, Ethereum is on the rise. After hitting lows not seen since late 2023, around $1,500, Ethereum’s price has spiked a massive 26.2% over the past 24 hours, almost to $2,500. Alongside a broader market rally, whales recently piled in ahead of the Pectra upgrade that went live on May 7th.

Ethereum Upgrade News
Source: CoinGecko

Pectra brought some major changes to Ethereum under the hood. Wallets are now way more flexible, letting users pay gas fees with tokens other than ETH, bundle transactions, and interact with dApps more easily. Importantly, the network handles more data, which is great news for anyone using Layer 2s like rollups, where fees are already dropping.

Ethereum’s price is now moving swiftly higher, breaking a downtrend present since the end of the year. For Ethereum-based tokens like Remittix, that could be a bullish catalyst.

Remittix’s crypto-to-fiat bridge rakes in $14.8 million

Remittix is a project aiming to corner the crypto-to-fiat market with simple, fast, and reliable transfers. With Remittix, users can convert over 40 cryptocurrencies and send the funds directly to a global bank account, all with no hidden fees or surprise charges, just a flat rate and a clean transfer. That alone puts it ahead of major names like Stripe, Wise, and Coinbase, which don’t offer this kind of crypto-to-bank service.

There’s also the Remittix Pay API that lets businesses accept crypto payments from customers and settle in fiat, opening the door for wider adoption without needing to deal with the volatility that’s traditionally been a barrier. There’s support for 50+ crypto pairs, over 30 fiat currencies, and a merchant setup that gives full control.

Backed by a Solid Proof audit and with a huge $250 trillion cross-border payment market ripe for the taking, it’s laying the foundations for something big. Whales are now stacking RMX tokens in the ongoing presale, where tokens are currently priced at $0.0757, with almost $15 million raised. More than two-thirds of presale tokens are now sold out, and altcoin season could accelerate a sellout sooner than some might think.

Altcoin season: New bull trends inbound?

Each of these projects is drawing attention from big players, and for good reason: Dogecoin has momentum, Ethereum has upgrades, and Remittix has utility. If this is the start of altcoin season, it pays to be early, especially in lesser-known tokens like Remittix. Whales are already jumping in headfirst—consider joining them.

Discover the future of PayFi with Remittix by checking out their presale here:

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