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DOGE price activity has shown renewed momentum, with trading volumes surging 150% following a 10% monthly gain in August, outpacing Bitcoin's 6% decline. The closing price of $0.21 in August marked a key point for short-term market dynamics, supported by derivative data showing
futures volumes increased 119% to $5.36 billion. Despite this, open interest dropped 4.7% to $3.24 billion, indicating strategic reshuffling rather than a definitive market trend. Liquidation heatmaps revealed that short-sellers remained dominant, with $262 million in leverage surpassing $172 million in long exposure, while bulls clustered $42 million in long positions at $0.21 over the past week [1].Analysts have taken a divided stance on DOGE's future trajectory. Prominent market analyst DogeLord predicts a potential 850% rally from the current price, suggesting that sustained support above $0.21 could propel DOGE toward $0.34 and possibly test all-time highs above $2. However, failure to maintain the $0.21 level could expose the asset to downside risks toward $0.17, with a stronger support at $0.13. Meanwhile, other analysts warn of potential corrections, with some forecasting a decline toward $0.17 based on lower highs and expanding volume on declines, which may signal distribution by larger market participants [3].
The broader institutional interest in DOGE is underscored by the establishment of a
treasury by , led by Elon Musk’s attorney, Alex Spiro. The firm raised $175,000,420 through a private placement and stated its intention to use the proceeds to acquire DOGE for its treasury operations. This move is seen as a significant shift in how public companies engage with digital currencies and could potentially enhance the utility of DOGE, aligning corporate interests with the cryptocurrency community [2].In contrast to the uncertainty surrounding DOGE, Remittix (RTX), a PayFi altcoin, is being projected for explosive growth. With its focus on cross-border payments,
has already sold over 638 million tokens and raised over $23.4 million in capital. Analysts anticipate that RTX could reach as high as 15x its current value by the end of 2025, driven by its deflationary tokenomics and real-world use cases. With major exchange listings on BitMart and LBank, as well as plans for a wallet beta launch in September 2025, RTX is positioned to offer fast, low-cost crypto-to-bank transfers, addressing the $19 trillion global remittance market [4].The contrasting forecasts for DOGE and RTX highlight a shift in investor sentiment toward projects with tangible real-world applications. While DOGE faces volatility and a potential 20% dip, RTX is gaining traction as a low-cap crypto gem with a strong utility-driven narrative. The institutional adoption of DOGE through treasuries and the broader speculative interest in RTX’s PayFi solutions indicate a market prioritizing utility and growth potential over meme-driven narratives. As the crypto landscape evolves, the ability of projects to deliver real-world impact is increasingly shaping investor decisions and market dynamics.
Source:
[1] Dogecoin Analyst Forecasts 850% Price Rally in September ... (https://finance.yahoo.com/news/dogecoin-analyst-forecasts-850-price-214254850.html)
[2] Elon Musk's Go-to Lawyer Is Heading a Dogecoin Treasury (https://www.businessinsider.com/elon-musks-go-to-lawyer-alex-spiro-dogecoin-treasury-2025-9)
[3] Dogecoin Price Analysis: Lower Highs Form as Volume ... (https://www.coindesk.com/markets/2025/09/04/dogecoin-price-analysis-lower-highs-form-as-volume-expands-on-declines)
[4] Dogecoin Price Prediction Struggles While Remittix As ... (https://www.livebitcoinnews.com/dogecoin-price-prediction-struggles-while-remittix-as-remittix-is-voted-the-top-crypto-to-buy-today/)
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