Dogecoin Whales Enter Market Amidst 100x RTX Token Rally

Dogecoin's price is currently at a critical juncture, oscillating within a narrow range that could signal either a recovery or a further decline. The stabilization of the price within this range has sparked speculation, particularly as the Dogecoin network's activity is generating significant momentum.

Amidst this, Remittix, a PayFi project, is gaining traction and attracting attention in the crypto market. Remittix is addressing issues in global payments, such as high fees, delays, and complexity, by allowing users to send crypto and have the recipient receive fiat directly into their bank account. This is achieved through its PayFi protocol, which eliminates the need for exchanges and KYC for the receiver, requiring only a connected wallet and a fixed 1% fee for transactions.

Remittix operates on the Ethereum blockchain using secure ERC-20 smart contracts, with transparency and security being key aspects of its architecture. This has made it appealing not only to crypto enthusiasts but also to fintech professionals seeking scalable solutions for cross-border payments. The RTX token, central to this innovation, has garnered attention due to its deflationary tokenomics. Over $15.3 million has been raised in the RTX ICO launch, with 538 million tokens purchased. The current price of $0.0781 is seen by many as a bargain, with analysts speculating about its 100x potential in this cycle.

Dogecoin's price has seen significant volatility in 2025, starting with a quiet phase in April where it bounced between $0.16 and $0.25. This period was marked by rising volumes, signaling a potential trend shift. Recently, whales have entered the market, as evidenced by a major transfer of 250 million DOGE, worth $57.6 million, from Robinhood to an unknown wallet. On-chain data supports this momentum, with active addresses surging from 775K to 1.8 million over the past month.

Technically, Dogecoin's price action has formed a pennant, a bullish setup indicating that buyers are entering the market for a major rally. For this move to be validated, DOGE needs to push past the $0.3 resistance level. If successful, it could climb to around $0.75. However, if DOGE fails to break through this level and falls below $0.20, it might drop to test $0.16. Further selling pressure could push the price down to $0.12, a stronger support level.

While Dogecoin's price prediction remains strong on paper, market volatility is unpredictable. In contrast, Remittix is building something substantial in its early stages, with predictions of a 100x rally. RTX tokens are available online at $0.0781.