Dogecoin News Today: Remittix Emerges as $0.09 DeFi Token Challenging Dogecoin and XLM

The cryptocurrency market is currently pivoting toward alternative tokens that offer tangible use cases, particularly in the decentralized finance (DeFi) and global payments sectors. While Dogecoin (DOGE) and Stellar (XLM) continue to capture investor attention with projected price targets of $1 by the end of Q4, a relatively new DeFi token, Remittix (RTX), is emerging as a potential underdog with a price of $0.0944 that could outperform both [1].

Dogecoin and XLM have shown mixed performance in recent trading sessions. DOGE’s market capitalization stands at $34.85 billion, with a 10.88% drop in trading volume to $2.58 billion. XLM, on the other hand, has seen a 35% increase in trading volume to $537.19 million, despite a 0.23% price decline. These metrics suggest sustained, albeit fluctuating, interest in both tokens [2].

Remittix, by contrast, is generating momentum through its pre-launch activities. The project has raised $19.6 million out of a $20 million funding target, with a major centralized exchange (CEX) listing expected to follow. Such a listing is anticipated to bring greater liquidity and visibility to the RTX token. Analysts suggest that this development, along with the project’s practical applications in cross-border payments, could drive significant price appreciation in the near term [1].

A key component of Remittix’s growth strategy is the upcoming launch of its beta wallet in September. The wallet will support over 40 cryptocurrencies and 30 fiat currencies, enabling users to send funds directly to bank accounts worldwide. This functionality directly targets the $19 trillion international remittances market, where Remittix aims to offer faster and lower-cost transactions compared to traditional financial systems [1].

To further enhance adoption, the project is also offering a $250,000 giveaway and a 40% token bonus to early participants. These incentives have already drawn considerable interest, particularly from whale investors who see the project as a high-potential DeFi play. Additionally, Remittix has completed a CertiK audit, a move that has reinforced investor confidence in its security and credibility [1].

Despite its ambitious goals and growing traction, Remittix remains a high-risk investment. As with all cryptocurrencies, potential investors are advised to conduct thorough due diligence before committing capital. The project's current valuation and utility-driven model suggest it could see substantial price growth before the end of the year, possibly overtaking both DOGE and XLM in the race for $1 [1].

Source: [1] DOGE, XLM eye $1 by Q4, but this $0.09 token could beat both to the punch — Invezz (https://invezz.com/news/2025/08/15/dogecoin-and-stellar-eye-1-by-q4-but-this-0-09-token-could-beat-both-to-the-punch/)