Crypto Whales Are Dumping Dogecoin, But Buying Litecoin and Remittix - Here's Why

Crypto whales are making moves, recently offloading over $40 million in DOGE. Meanwhile, big wallets are loading up on Litecoin and Remittix. But what’s behind their thinking? LTC ETFs and Remittix’s $15.3 million raise might be a factor. 

Let’s take a closer look at what’s driving the rotation. 

Dogecoin whales dump after DOGE ETF delay

When Dogecoin whales act, it’s time to take notice. According to CoinDesk, DOGE whales recently dumped over 170 million tokens, worth $40 million. However, the effect on Dogecoin’s price seems minimal, with DOGE climbing over 7% in the past 24 hours, adding to a 48% rise over the past 30 days.

While some see a breakout ahead, others are less certain. A recent delay to DOGE ETF approvals has dampened sentiment, with a green light seen as the next major catalyst for a Dogecoin bull run. A decision is now expected closer to October, rather than in May or June as many had hoped.

Especially with broader market volatility picking up, investors are now turning to old favorites and coins with real utility as a safe haven. 

Litecoin’s breakout potential has whales jumping in

Litecoin has quietly become one of the most impressive networks in crypto. The MWEB upgrade, first launched in 2022 and expanded again in 2024, now powers private transactions for nearly 30% of users, and that number is expected to continue growing. The network’s average block time is also just 2.5 minutes, about four times faster than Bitcoin.

Talk of a Litecoin ETF is now building. Like DOGE, LTC ETFs have been delayed. But Polymarket bettors give them a greater chance of approval this year vs DOGE, at 79% vs 63%. Interestingly, there’s still a 26% chance they’re approved before July 31st.

Given Bitcoin is now at all-time highs, whales see LTC at $99, well below its $410 peak, as a bargain. Looking ahead, a breakout could be imminent for Litecoin if ETFs get approved.  

Remittix’s real use cases draw attention

It’s easy to see why whales are turning to Remittix. It’s taking on the cross-border payments market, an industry expected to be worth $250 trillion by 2025, letting users convert 40+ cryptocurrencies into fiat and send it straight to any global bank account. With a simple flat fee, an accessible platform and instant settlement, it solves a real pain point in both crypto and international payments. 

It’s creating tools for businesses to accept crypto too. Through the Remittix Pay API, businesses can accept crypto from customers and cash out however they want in a custom-built platform, with 30+ fiat currencies and 50+ crypto pairs on offer.

Remittix could be a massive step forward in crypto payment adoption. There’s a wide range of use cases, from global startups looking to pay employees to migrants sending money back home. 

Recently, the RTX token presale has caught fire, with over $15.3 million raised to help the project build this infrastructure. That’s backed by a Solid Proof audit and a $250k Gleam giveaway running. 

Remittix hits a nerve in crypto: make it useful, fast and borderless. Two-thirds of tokens are now sold out, with an upcoming exchange listing potentially sparking a moment where RTX could take off and never look back.

Don’t ignore these signals

The tide might be shifting for Dogecoin. Litecoin is bringing reliability, ETF promise and real upgrades, while Remittix offers a fresh solution to global payments with real utility. Whales are positioning for a potential LTC and RTX breakout and it’s worth considering following in their footsteps. 

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

Website: https://remittix.io/

Socials:https://linktr.ee/remittix