Dogecoin Activity Grinds To A Halt As Thousands Of Investors Swap DOGE For RTX Following Cryptos Plummet

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Dogecoin has been facing a significant decrease in network activity this year, with metrics hitting their lowest points since October 2024. Even with positive news such as ETF approvals and new partnerships, the popular meme coin is having trouble sustaining its momentum.

Market analysts note that Dogecoin’s price, which has already dropped about 50% from its December peak of $0.46, could decline further, possibly testing the $0.19 threshold. As whale transactions shrink and open interest declines, an increasing number of investors are trading in their DOGE for Remittix (RTX), a fast-rising PayFi token that is rapidly gaining popularity.

Dogecoin’s Steep Decline in Network Activity

Recent data concerning Dogecoin reveals a discouraging outlook. Based on on-chain analysis from Martinez, large whale transactions have plummeted by 88% since late 2024 with fewer than 60,000 active addresses each day. In the past, whale trades often influenced Dogecoin’s price swings, but with major holders stepping away from active trading, the liquidity needed to ignite significant rallies has decreased.

Though there is some optimism surrounding the Dogecoin Foundation’s new five-year partnership with House of Doge and ongoing DOGE ETF applications, the market response remains negative.

The House of Doge partnership focuses on incorporating Dogecoin into American businesses and high-profile sporting events. While such efforts could potentially benefit Dogecoin in the long run, many investors want quicker results so they are pivoting to Remittix instead.

Market sentiment regarding Dogecoin still appears weak, echoing concerns discussed in online forums, where enthusiasts voice uncertainty about its future especially with latest news indicating Dogecoin is investigating the SEC for fraud, abuse and waste according to KobeissiLetter. On February 25, 2025, the coin traded near $0.20361, marking a large drop from its December high of $0.46.

Source: coinmarketcap

Investors Exchange Dogecoin for RTX While Remittix Gains Momentum

As DOGE faces waning whale activity and shrinking open interest, Remittix (RTX) is showing unprecedented growth in attracting both private traders and institutional backers. Rather than depending on hype from the meme coin community, Remittix is aimed at real solutions in blockchain-powered financial services.

Remittix’s PayFi approach facilitates instant crypto-to-fiat transactions, convenient merchant adoption and scalable cross-border payment capabilities. These characteristics appeal to investors seeking longer-term value rather than meme-driven unpredictability. As a result, thousands of DOGE holders are converting their holdings to RTX, trusting an asset supported by real financial use instead of speculation alone.

Why Dogecoin Investors Are Switching to Remittix

While Dogecoin endures dropping network involvement and a lukewarm price outlook, Remittixis securing growing institutional validation and wider acceptance in global finance. With $12.8 million gathered in its presale and over 503 million tokens distributed, Remittix is proving to be the foremost token for blockchain-based payments in 2025.

Another important factor is Remittix’s regulatory-friendly design, making it more reliable in the long term compared to meme tokens built on market enthusiasm. While Dogecoin requires ETF permissions and widespread adoption to regain lost momentum, Remittix is already successfully integrating with real-world financial operations, ensuring that its demand remains strong and stable.

Is It Time to Move Away from Dogecoin?

As Dogecoin grapples with an inactive network, declining prices and diminishing whale interest, Remittix stands out as a fresh leader in blockchain-driven finance. Investors are transitioning, realizing that Dogecoin’s prospects remain ambiguous, while Remittix is already showcasing its benefits in practical financial transactions.

For those seeking an investment with the potential for growth and ongoing usage, Remittixseems like the most promising selection. With Dogecoin’s bullish run facing numerous obstacles, Remittix is establishing itself as the PayFi token to watch offering investors a more secure and functional choice in the evolving cryptocurrency landscape.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

 

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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