XRP News Today: Crypto's Utility Shift Gains Momentum as Whales Accumulate Dogecoin, Remittix


Whale activity has surged across Dogecoin (DOGE) and Remittix (RTX), signaling heavy accumulation and renewed institutional interest in crypto assets with real-world utility. Analysts and traders are closely monitoring these movements, which coincide with broader market optimism around blockchain-based payment solutions and regulatory clarity.

Dogecoin's price action has drawn significant attention after a $26.8 million transfer from a dormant whale to Binance and another $2.95 million move of 15.115 million DOGEDOGE-- tokens. Analyst Cantonese Cat highlighted bullish technical indicators, including a cycle-high volume-weighted average price (VWAP) and Ichimoku support, as the token traded near $0.208. Additionally, the DogecoinDOGE-- Treasury's upcoming public trading status is seen as a catalyst for institutional adoption, potentially boosting retail investor sentiment.
Remittix (RTX), a lesser-known but rapidly gaining traction payment token, has raised over $27.7 million in private funding and sold 681.1 million tokens. The project, which enables real-time crypto-to-fiat transfers to 30+ countries, is positioning itself as a bridge between digital assets and global finance. Its audited smart contracts by CertiK, coupled with a $250,000 community giveaway and planned listings on LBank and BitMart, have fueled adoption. Analysts note that RTX's utility in cross-border payments and its referral-driven growth model make it a compelling case study in crypto's shift toward regulated, scalable solutions.
While Dogecoin and Remittix dominate short-term accumulation trends, broader market optimism is tied to potential ETF approvals, with XRP price predictions offering cycle-top forecasts for payment tokens. Analysts predict XRP could surge to $10 if institutional-grade products launch in 2025. However, the focus on utility-driven tokens like RTX underscores a broader industry pivot toward projects with tangible use cases, such as cross-border remittances and decentralized payment rails.
Quickly understand the history and background of various well-known coins
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet