Dogecoin News Today: Investors Bet on RTX's Real-World Utility Over Meme Coin Hype

Generated by AI AgentCoin World
Friday, Aug 29, 2025 7:05 am ET2min read
Aime RobotAime Summary

- Early Dogecoin investors shift to Remittix (RTX), prioritizing real-world utility over speculative memes.

- RTX's $21.7M presale and BitMart listing highlight its deflationary tokenomics and cross-border payment innovations.

- Projected 50% token burn in 3 years via transaction fees creates scarcity, aligning with macroeconomic trends.

- Upcoming Q3 2025 mobile wallet with 0.1% fees targets $19T global payments market, outcompeting traditional 5-10% rates.

- CertiK audit and viral adoption incentives position RTX as a PayFi disruptor attracting both retail and institutional capital.

Early investors in

are shifting focus to Remittix (RTX), a rising PayFi project with potential for substantial returns. The transition reflects a broader trend where investors are prioritizing tokens with tangible real-world utility over speculative memes. Remittix, currently in its presale phase, has already raised over $21.7 million, selling 624 million tokens at $0.0987 each. Its first centralized exchange listing on BitMart has been secured, with further listings anticipated as the project meets additional fundraising targets [1]. This growing interest is attributed to RTX's innovative approach to bridging the gap between crypto and traditional finance, particularly through its low-cost, cross-border payment solutions [2].

RTX's utility-driven model stands in stark contrast to the speculative nature of Dogecoin. While DOGE’s recent performance has been volatile, with a 24% drop from its July high and declining on-chain metrics such as futures open interest and daily active addresses, Remittix is leveraging a deflationary tokenomics structure to create scarcity. Every 10% of transaction fees is burned, permanently reducing the token supply. This mechanism aligns with broader macroeconomic trends favoring assets with limited supply, potentially driving up demand and scarcity over time [3]. Analysts project that if

processes $1 billion in annual transactions, up to 50% of its token supply could be burned within three years [3].

The project is also set to launch a beta mobile wallet in Q3 2025, which will support 40+ cryptocurrencies and 30+ fiat currencies. The wallet will enable instant crypto-to-bank transfers in 40+ countries, enhancing accessibility and utility for freelancers, merchants, and international remitters. This strategic move positions RTX as a disruptive force in the $19 trillion global payment sector, where traditional services charge 5–10% in fees, while RTX offers a 0.1% rate [2]. The platform's low fees and real-time foreign exchange (FX) conversion are expected to attract a broader audience beyond the crypto niche [4].

Investor sentiment is further bolstered by strategic initiatives such as a $250,000 token giveaway and a 20% referral reward program, driving viral adoption and community engagement. The project has also received institutional credibility through a CertiK audit, adding to its legitimacy. As crypto markets increasingly favor projects with real-world applications, RTX's focus on solving everyday financial challenges has drawn attention from both retail and institutional investors [4].

The shift from Dogecoin to Remittix represents a broader market correction, where investors are reallocating capital toward tokens with scalable utility and long-term value. DOGE’s declining on-chain metrics, including reduced open interest and wallet concentrations, suggest waning short-term interest. Meanwhile, RTX's rising adoption and presale success indicate a growing belief in its ability to disrupt traditional financial systems. For investors seeking a high-conviction play, RTX offers a compelling narrative of innovation, deflationary economics, and real-world adoption [5].

Source:

[1] How Remittix Could Take Market Share Away From Dogecoin as RTX Predicted a Top in 2025 (https://crypto-economy.com/how-remittix-could-take-market-share-away-from-dogecoin-as-rtx-predicted-a-top-investment-in-2025/)

[2] Remittix's RTX Token: A High-Conviction PayFi Disruption (https://www.bitget.com/news/detail/12560604936977)

[3] Is Remittix the Reason

and Dogecoin Prices Are Falling? (https://www.bitget.com/news/detail/12560604934369)

[4]

Outlook for 2026 and the Role of Remittix (RTX) in the PayFi Market (https://www.cryptoninjas.net/news/xrp-outlook-for-2026-the-role-of-remittix-rtx-in-the-payfi-market/)

[5] Getting In Early On Remittix Is Like Buying Dogecoin When It Was Just $0.002 as 5000 Growth Expected (https://coindoo.com/getting-in-early-on-remittix-is-like-buying-dogecoin-when-it-was-just-0-002-as-5000-growth-expected/)

Comments



Add a public comment...
No comments

No comments yet