Dogecoin News Today: Smart Money Shifts Focus to RTX as DOGE and SHIB Underperform

Smart money is shifting its focus from meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) to utility-driven tokens such as Remittix (RTX), signaling a growing preference for projects with tangible use cases and real-world adoption. As Dogecoin remains in its longest-ever period below its all-time high, trading around $0.206, analysts are cautioning that the asset lacks the macroeconomic support needed for a significant rebound. VisionPulsed, a prominent crypto analyst, has described the current market cycle for DOGE as “bearish forever,” pointing to over 1,550 days without breaking past its previous peak. He compares the situation to a sideways consolidation phase rather than a potential breakout, leaving investors in a holding pattern [1].

Shiba Inu, on the other hand, is also struggling to gain traction despite aggressive token burns and a recent price surge of 3,500%. The SHIB price is currently at $0.00001260, failing to reach the $0.00001614 resistance level. Analyst Javon Marks has forecasted a potential rise to $0.000032 based on a double bottom pattern and deflationary momentum, but actual market behavior has not aligned with this projection. Internal governance tensions within the Shiba Inu community are further complicating the narrative, with a significant number of holders calling for a change in leadership, citing a lack of transparency and focus [1].

In contrast, Remittix (RTX) is gaining momentum among institutional and sophisticated investors who value real-world utility and scalable infrastructure. The Ethereum-based token is already in live use for crypto-to-fiat payments in more than 30 countries, enabling users to send funds directly to bank accounts in minutes. RTX's price has reached $0.0895, with over $18.3 million raised to date and 583 million tokens already sold. The project is also preparing for the launch of its Remittix Wallet beta on September 15, further strengthening its product-first approach. Unlike DOGE and SHIB, which rely largely on social media hype and speculative trading, RTX is backed by a growing user base and a working product [1].

The shift in investor sentiment reflects a broader trend in the crypto market where tokens with clear, functional use cases are outperforming those driven by community-driven narratives. As DOGE and SHIB continue to underperform, RTX represents a compelling case for what smart money is betting on in 2025: tangible utility, real adoption, and long-term scalability.

Source: [1] Dogecoin And Shiba Inu Fading While RTX Gains Favor Among Smart Money (https://coindoo.com/dogecoin-and-shiba-inu-fading-while-rtx-gains-favor-among-smart-money/)