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Dogecoin price action remains under heavy pressure this August, with the popular memecoin declining over 1% to $0.2062. This marks the fifth straight day of losses, raising concerns that DOGE may soon slip below the $0.20 mark a critical psychological support zone.
Despite bearish sentiment, data reveal that early Dogecoin whales are quietly shifting focus. Several on-chain wallet trackers show a pattern of steady accumulation but not just of DOGE. A fast-rising altcoin called Remittix (RTX) is drawing significant interest from large wallets, thanks to its strong fundamentals and real-world crypto utility.
The latest DOGE news shows a sharp 36% drop in futures open interest, now sitting at $3.42 billion compared to the $5.35 billion July peak. CoinGlass data confirms that long traders are de-risking aggressively, with over $22 million in long liquidations in the past 24 hours alone.
The Dogecoin price also faces headwinds from a falling funding rate, down from 0.0401 to an average of just 0.0069. This signals fewer traders are betting on near-term price growth, reducing DOGE’s upside potential unless sentiment shifts quickly.
While DOGE news points to short-term uncertainty, smart money is shifting toward Remittix (RTX), a low-cost DeFi token designed to bridge crypto and fiat. Insider wallets tracked by blockchain analysts show a steady inflow into RTX as it continues to outperform memecoins.
Remittix has now raised over $17.9 million from over 579 million tokens sold at just $0.0895 each. With rising demand, expanding community traction, and a real-world use case for cross-border payments, RTX is emerging as a strong bet for 2025 and beyond.
Here’s why Remittix is becoming the top altcoin pick for early DOGE whales:
● Audited by CertiK for maximum transparency and trust
● More than $17.9M raised already, with daily volume growing fast
● Early token price under $0.09: strong entry point for new investors
● Business API tools help freelancers and startups adopt crypto payments
● $250K RTX giveaway active: huge incentive drawing thousands of new users
The current Dogecoin price dip is rattling retail traders, but early whales seem to have a plan: hedge with high-upside assets like Remittix. As RTX nears its beta wallet launch and more utility rolls out, this cross-border PayFi token is gaining traction as a breakout altcoin.
Website: https://remittix.io
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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