Dogecoin News Today: Remittix RTX Gains Momentum As PayFi Model Challenges ADA TRX and DOGE

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 2:24 pm ET1min read
Aime RobotAime Summary

- Remittix (RTX) gains traction with PayFi model enabling instant crypto-to-fiat conversions and low-cost cross-border remittances across 30+ countries.

- Major coins like ADA, TRX, and DOGE face stagnation due to limited innovation, capped growth, and reliance on hype rather than utility.

- Whale tracking shows capital shifting to RTX, which targets $850B remittance market with 582M tokens sold and institutional CertiK audit backing.

- RTX's $0.0895 price and tangible use cases challenge traditional cryptocurrencies by delivering daily utility through fast settlements and direct bank transfers.

A new cryptocurrency, Remittix (RTX), is gaining momentum as it trades at $0.0895 per token. What sets it apart is its focus on real-world utility rather than hype-driven growth. Analysts from Invezz and CryptoCentral point to the token’s PayFi model, which enables instant conversion of crypto into fiat and facilitates direct bank deposits across 30+ countries. This model supports low fees and transparent transactions, making it particularly relevant for cross-border remittances [1].

In comparison, major cryptocurrencies like

(ADA), (TRX), and (DOGE) face challenges. , which once traded above $1, has been range-bound between $0.40 and $0.75 since 2022. While some analysts forecast a potential rebound tied to network upgrades, others remain skeptical about short-term upside. TRX, which saw a 150% surge in mid-2025, has faced warnings about capped growth potential, despite its expanding decentralized application (DApp) ecosystem [1].

Dogecoin, although bolstered by meme culture and celebrity endorsements, lacks structural innovation. Analysts caution that without a new product or catalyst, its price momentum remains uncertain. These factors are leading to a shift in investor sentiment, with more capital moving toward tokens with tangible use cases [1].

Remittix is addressing a $850B–$1T global remittance market, offering a product designed for daily use with fast settlements and direct bank transfers. The project has already sold over 582 million tokens, raised more than $18.2 million, and is running a $250,000 crypto giveaway. Institutional confidence is further supported by a CertiK audit, a public testnet, and a planned Q3 beta wallet launch [1].

Whale tracking data shows capital moving from ADA, TRX, and

into , signaling growing interest from larger market participants. On-chain activity and community discussions emphasize a demand for tokens that provide both utility and clear revenue models. While Cardano, Tron, and Dogecoin remain influential due to historical performance and large followings, Remittix is challenging the status quo by delivering a product in a market that serves billions of users globally [1].

Source: [1] Why This Viral $0.0895 Is On The Path To Flipping Cardano (ADA), Tron (TRX) and Dogecoin (DOGE) – Blockonomi (https://blockonomi.com/why-this-viral-0-0895-is-on-the-path-to-flipping-cardano-ada-tron-trx-and-dogecoin-doge/)

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