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Cryptocurrency News Articles
Mounting Doubts Over the Dogecoin Price Narrative Have Resurfaced
May 05, 2025 at 05:00 pm
Mounting doubts over the Dogecoin price narrative have resurfaced after the flagship meme-coin slipped beneath key short-term resistance, reigniting debate about its ability to reclaim former highs.
In response, several market strategists now highlight Remittix (RTX) as a more promising vehicle, forecasting that it could eclipse DOGE’s upside many times over before 2025.
This article dissects the bearish technical signals weighing on Dogecoin, breaks down fresh on-chain and macro data, and explains why rotational capital sees a pathway to 20-fold gains in RTX for investors.
Doge price stalls amid fading catalysts
On CoinMarketCap, Doge trades at $0.172 with a market cap of $25.7 billion and a 24-hour volume under $600 million. The token has trailed Bitcoin by ten percentage points since March as enthusiasm around an eventual X/Twitter integration cools.
Macro pressure compounds the problem. It is evident that when global liquidity tightens, Doge tends to underperform because, unlike BTC, it lacks a capped supply, and unlike ETH, it does not collect meaningful on-chain fees.
Analysts warn that if sentiment fails to flip soon, Doge could revisit its previous lows, where the last accumulation spike occurred. Conversely, should that support trigger a reflex bid, the Doge price might claw back.
The path to the celebrated “Doge to $1” meme therefore appears steeper than ever. To justify a dollar, fully-diluted value would exceed $140 billion, assuming current issuance—comparable to PayPal and larger than Coinbase.
Without a burn mechanism or a major new revenue stream, many strategists now call that target “aspirational at best.”
Remitttix: Utility-first token chasing a 20x payoff
While meme tokens fret over momentum, Remittix has been busy solving a trillion-dollar pain point: turning crypto into spendable cash in minutes. The project routes BTC, ETH, Doge, and 40-plus other assets through smart-contract pools that settle in RTX, then credit local-currency bank accounts almost instantly.
Consider Lena, a Berlin-based designer who invoices U.S. clients in USDC. With Remittix’s checkout widget, her customer pays the bill in stablecoins; behind the scenes, RTX handles the swap and wires euros to Lena’s Deutsche Bank account in roughly ten minutes for a flat fee close to 1%.
Numbers already hint at traction: Remittix has secured $14.74 million in early funding, and RTX changes hands at just $0.0757, implying a fully diluted valuation under $190 million—a fraction of rivals such as Ripple or Stellar.
Tokenomics add a scarcity kicker: every transaction burns a micro-slice of supply, linking network volume directly to appreciation potential. If Remittix merely captures 0.05% of global remittances, its demand could surge enough to support a 20x surge.
Weighing risk-reward into 2025
For traders eyeing the next explosive move, the calculus is shifting. Doge retains unmatched brand power, a massive community, and the ever-present possibility of an Elon Musk tweet that jolts price action. Yet absent fresh token-economy upgrades, upside appears capped by sheer market-cap gravity and declining whale engagement.
Remittix, by contrast, offers a tangible revenue model already in production. Its crypto-to-fiat bridge removes what many see as the final hurdle to mainstream adoption, while its deflationary design rewards every dollar of real-world volume.
Crucially, RTX’s micro-cap status means even modest traction can translate into outsized percentage gains—something Doge simply can’t replicate at its current scale.
Investors, therefore, face a classic portfolio dilemma: stick with the proven meme brand whose best days may be behind it, or allocate a slice to a nimble utility token addressing a vast, underserved market.
With the risk-on cycle still fragile, diversifying beyond headline favourites looks prudent. Should Remittix execute even half its roadmap, it could easily outpace Doge—and perhaps many larger caps—on the road to 2025.
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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