Dogecoin News Today: Dogecoin Pulls Back 30% as Remittix Gains Momentum as Altcoin Contender

As the crypto market grapples with shifting dynamics and macroeconomic uncertainty, Dogecoin (DOGE) has seen a 30% pullback from its recent high of $0.28 to around $0.19, mirroring broader market sentiment driven by Trump’s proposed import tariffs and the Federal Reserve’s sustained interest rate policy. Despite this correction, DOGE remains within a bullish technical framework, with a golden cross formation in late July signaling potential for recovery. However, recent momentum has turned mixed, as the Relative Strength Index (RSI) has fallen from overbought levels above 80 to below 50, indicating a period of consolidation [1].

Amid DOGE’s volatility, Remittix (RTX) is emerging as a compelling alternative for investors seeking stronger upside potential. The project has raised over $18.1 million and sold more than 582 million tokens at $0.0895, showing no signs of slowing down. Unlike DOGE’s meme-driven appeal, Remittix is positioning itself as a functional DeFi token with tangible use cases, including a beta version of the Remittix Wallet set to launch on September 15. This wallet is designed for global cross-border payments and everyday transactions, offering a practical edge over traditional meme coins [2].

Analysts highlight that Remittix’s early success is fueled by strong institutional interest and a 40% bonus for early buyers, further bolstering its appeal. The project is also supported by a rapidly growing community and real-world adoption by businesses and freelancers. With these factors combined, Remittix is being viewed as a top altcoin to watch in 2025 [3].

While DOGE has not lost its long-term bullish trajectory, its price remains highly susceptible to market sentiment and speculative cycles. In contrast, Remittix is building a foundation for sustained growth, supported by product innovation and real utility. As investors continue to seek alternatives with clearer value propositions, Remittix is gaining momentum as a potential breakout token.

The race to $1 in 2025 is on, but with DOGE facing increased volatility and Remittix showing robust fundamentals, the latter could well emerge as the dominant contender.

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Source: [1] DOGE Price Prediction: Dogecoin or Remittix? The Race To $1 In 2025 Is On (https://coinmarketcap.com/community/articles/68936b8f1d74da171fb86aed/)