Dogecoin News Today: Meme Coins Lose Luster as Investors Seek Utility-Backed Alternatives

Pepe Coin (PEPE) has seen a decline in its price and trading volume in recent weeks, according to market data. The token is currently trading around $0.00000994, consolidating within a critical support zone between $0.00000950 and $0.00000980. Analysts warn that if PEPE fails to hold this level, it could drop further toward $0.00000900, a significant downside risk for holders. On the upside, resistance remains at $0.00001100 and $0.00001250, levels that would need to be broken to reignite bullish momentum. A recent analysis by Quant_Trading_Pro highlights a bearish setup, with open interest in derivatives markets declining and the funding rate turning negative, indicating heightened short-term pressure [1].

The broader meme coin market appears to be shifting in favor of projects with real-world utility and technological infrastructure. Layer Brett (LBRETT), an Ethereum Layer 2 project, is gaining traction among investors due to its functional staking mechanisms and high yield potential. Unlike Pepe or Dogecoin, which offer little in terms of utility, Layer Brett provides stakers with returns exceeding 1,070% APY through an audited staking portal. This has led to significant growth in wallet activity and community engagement, with mid-tier influencers and market participants increasingly viewing LBRETT as a superior alternative to traditional meme coins [1].

Layer Brett’s technological edge includes low gas fees, fast transactions, and integration with decentralized governance models. These features differentiate it from other meme coins, many of which rely solely on social media hype without offering tangible value to investors. In contrast, Layer Brett is already deploying NFT and gamified features, while also planning for cross-chain interoperability. The project’s early success is reflected in its presale, which has already raised substantial capital and attracted a growing user base [1].

Meanwhile, Remittix (RTX), a PayFi-focused altcoin, has also emerged as a compelling alternative for investors seeking projects with real-world utility. The project has raised over $23 million through the sale of 636 million tokens and is preparing for its first centralized exchange listing on BitMart, with another on LBANK. Additionally, the launch of a Beta Wallet in late September is expected to enhance the project’s accessibility and adoption. Analysts have drawn comparisons between Remittix and established utility tokens like XRP and XLM, citing its ability to facilitate cross-border transactions and convert cryptocurrencies into fiat [2].

As Pepe Coin and Dogecoin struggle to maintain relevance in a rapidly evolving market, investors are increasingly drawn to alternatives that offer a combination of meme-driven appeal and technological substance. The shift in capital flow is evident in wallet activity and market sentiment, with both Layer Brett and Remittix attracting attention for their innovative features and strong fundamentals. This trend reflects a broader industry movement toward projects that balance community-driven narratives with functional infrastructure, potentially reshaping the landscape of meme coin investments [4].

Source:

[1] Dogecoin and Pepe Prices Continue To Fall, Is Layer Brett... (https://www.mitrade.com/insights/news/live-news/article-3-1092922-20250903)

[2] Pepe Price Prediction: Investor Who Was Among The First... (https://crypto-economy.com/pepe-price-prediction-investor-who-was-among-the-first-100-to-buy-pepe-backs-this-new-altcoin-in-september/)

[3] Pepe Coin Price Prediction: Analysts Expect A 15... (https://www.outlookindia.com/xhub/blockchain-insights/pepe-coin-price-prediction-analysts-expect-a-15-decline-in-september-as-traders-bet-big-on-new-altcoin-remittix)

[4] Pepe Price Prediction, Shiba Inu News And The New... (https://crypto-economy.com/pepe-price-prediction-shiba-inu-news-and-the-new-meme-coin-set-to-rival-both-in-2025/)