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Whale activity has surged across
(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
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 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
offering cycle-top forecasts for payment tokens. Analysts predict 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.
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