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The price of Dogecoin has retraced to below $0.25 after a notable 49% uptrend earlier this month and while it continues to be of interest as a meme coin, traders are assuming caution given the rising resistance. As a 'meme' coin, DOGE has its place in the market, but analysts are increasingly calling out 'utility' coins like Remittix (RTX) as potential to deliver upside much faster and most importantly more sustainably. With RTX offering practical applications in cross-border payments, crypto to fiat transfers and DeFi, we have seen a spike of interest from investors ahead of anticipated CEX listings. Now that the price of Dogecoin has run into resistance in the short term, RTX is emerging as a legitimate option in the search for further adoption-driven growth in the fluctuating market.
Currently, the price of Dogecoin is seeing consolidation levels of approximately $0.2225 after a massive 49% rally earlier this month. Dogecoin has been a breakout coin this month, however has created a technical resistance zone between the $0.24 to $0.25 mark. As markets open and the meme coin trades down, analysts are saying that despite the popularity of meme coins, utility lead tokens like Remittix (RTX) and others will be able to outperform Dogecoin due to utility factors, real-world adoption, cross-border payment gateways, and DeFi integrations. Traders are seeing the current Dogecoin price as a slight short term pull back, thus trading against the potential for long term price gains, while attention appears to be growing for coins with utility versus a meme or lack of utility price action
After the August spike, Dogecoin price has found it difficult to maintain upward momentum above $0.24 as multiple rejection candles are showing that sellers are currently defending this area betweens $0.24 and $0.25 suggesting larger players are taking profits or hedging.
The next immediate support for DOGE sits between $0.21 and $0.22 which holds as a temporary floor but further breaks will bring DOGE down to around $0.19 which is a significant area of historical consolidation and where buyers previously accumulated. Analysts also note that Dogecoin price may see some more volatility before potentially trying for a breakout again.
Remittix (RTX) currently trades at $0.0969, with over 609 million tokens sold and $21 million+ raised. Unlike Dogecoin, RTX focuses on real-world utility, including cross-border payments, crypto-to-fiat transfers and DeFi applications. As DOGE price struggles to maintain above resistance, RTX is gaining traction ahead of upcoming CEX listings, appealing to investors seeking long-term adoption and functional use cases.
Key highlights include:
Global Reach: Send crypto to bank accounts in 30+ countries
Real-World Utility: Built for payments and business applications
Security First: Audited by CertiK for transparency
Wallet Beta Q3: Low-fee transactions with real-time FX conversion
Mass Adoption: Designed for freelancers, remitters and global earners
The combination of tangible infrastructure, working product and growing adoption positions Remittix as a viable alternative to speculative tokens like Dogecoin.
The price action is choppy for Dogecoin in the $0.22-$0.25 price zone and RTX is currently also holding price momentum that real world utility adoption could accelerate at much faster levels.For investors looking for the Best Altcoin To Buy Now, RTX has the potential of becoming as attractive as meme coins are experiencing some profit taking now. More than I will provide the Best Altcoin To Buy Now, when investors profit take from the meme coins run RTX might end up looking appealing. Investors seeking the Best Altcoin To Buy Now may see RTX as interesting as meme coins pull back and take profits.With CEX listings, and a live ecosystem - Remittix has room to grow and an everyday use case for global users.
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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