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Cryptocurrency News Articles

Remittix (RTX) Joins Dogecoin (DOGE), AVAX in the Spotlight As Market Rotates

May 03, 2025 at 02:59 pm

Dogecoin (DOGE) is trading at $0.1820, with Avalanche’s AVAX holding $21.40 on a muted pull-back. The two large-cap altcoins now sit on market capitalizations of $27.13 billion and $8.93 billion, respectively, volumes swelling as bargain hunters scour for new entries.

Remittix (RTX) Joins Dogecoin (DOGE), AVAX in the Spotlight As Market Rotates

Dogecoin (CRYPTO: DOGE) was trading at $0.1820 on Thursday morning, as the price of the meme coin moved in a lower trading range.

What Happened: Dogecoin is now trading at price levels last seen in January, following a strong rally in 2021 that saw the coin reach a high of $0.69 in March 2021.

The meme coin has since pulled back sharply, and its price has been hovering around the $0.17 support level in recent weeks. At the same time, miners have been reducing their Dogecoin holdings, which reached a four-month low in May.

Dogecoin is the largest meme coin and is currently the ninth-largest cryptocurrency by market capitalization. It is best known for its close association with billionaire Elon Musk, the CEO of X, formerly Twitter, and Tesla (NASDAQ:TSLA).

Avalanche (CRYPTO: AVAX) is also pulling back from recent lows, with its price now holding at $21.40. Technical traders are keeping an eye on the $20 support level, which held during the March panic and again last week.

If meme-coin risk appetite returns, a bounce toward Dogecoin’s $0.26 April high and AVAX’s $34 pivot could be in the cards.

According to Messari researchers, both Dogecoin and AVAX are included in their "value-zone" basket for Q2 rotation. The research firm's economists have been advising a rotation toward undervalued assets in the second half of the year.

Related Link: Best Cryptocurrency Prices Live

Why It Matters: As crypto funds pair a trendy name with a smaller, higher-beta project to chase asymmetric upside, they are also placing bets on a small-cap token that could be massively undervalued.

Enter Remittix (RTX), a crypto-to-fiat bridge that burns some RTX every time a bill or freelancer invoice is settled in BTC, ETH, or XRP, and fiat reaches their bank account in minutes.

While RTX holders receive a share of those bridge fees, the token delivers yield in addition to price speculation—something which Dogecoin and AVAX currently do not. That is, while Dogecoin, AVAX rely on future network demand to drive quotes, Remittix translates existing demand into holder revenue directly.

This pairing is the reason why CoinGecko's "trending searches" list features RTX alongside the two big-caps almost daily.

At a sub-$60 million valuation, Remittix represents a fraction of even the lowest tier-one chains. Yet its roadmap is packed: an EU e-money licence decision, a Solana Pay (CRYPTO: SOL) integration hooking RTX into millions of mobile wallets, and a wider African corridor opening this summer. Each milestone could spike transactions, burn rate, and—by extension—token scarcity.

According to the project overview compiled by researchers at TokenFlows, the team has already signed pilots with Nigerian point-of-sale providers and Filipino remittance shops. Daily active users increased 17 % week over week. If that pace continues, fee revenue alone can equal early-stage Stellar (CRYPTO: XLM) figures by the year-end.

No wonder whale wallets previously held on Cardano (CRYPTO: ADA) and Ethereum (CRYPTO: ETH) have diverted more than $14.7 million into RTX since April.

The Bottom Line: In a three-part structure that balances stability with asymmetric upside, around 40 % of capital is split evenly between Dogecoin and AVAX. Both coins offer deep liquidity and exposure to two large-cap narratives.

The remaining 60 % is allocated to Remittix, whose lower valuation offers genuine moon-shot potential as well as a stream of bridge-fee rewards for anyone staking RTX.

The numbers tell the tale: Dogecoin would need to go full meme madness that can take its market cap above $270 billion to deliver a 10× return, while AVAX would have to reach around $89 billion for the same multiple.

For comparison, RTX has to reach a $600 million capitalization—still mid-cap territory—for a ten-fold move. Holding while waiting, RTX holders earn their share of conversion fees, compounding overall gains even if price action stagnates.

This three-coin basket is appealing to high-net-worth investors looking for efficient upside and younger traders looking for a balanced but aggressive entry into the next market cycle.

Enter positions prior to the next rotation. Cycle history demonstrates funds flow from Bitcoin (CRYPTO BTC) into large caps such as Dogecoin, AVAX, and then into promising newcomers. We are probably somewhere between phases two and three. Accumulate cheap DOGE and AVAX while sentiment is subdued, and take a slice of Remittix before license news hits the news channels.

Small positions today can mean oversized portfolio winners in the next year, especially if Remittix fulfills its potential as the "

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Other articles published on May 04, 2025