The post Is $1 Still Possible for Dogecoin (DOGE)? Experts Tip a Newcomer With Real-World Utility to Outperform appeared first on Coinpedia Fintech News
The post Is $1 Still Possible for Dogecoin (DOGE)? Experts Tip a Newcomer With Real-World Utility to Outperform appeared first on Coinpedia Fintech News
Dogecoin (DOGE) blasted from $0.166 to $0.173 on July 6, its best hourly jump in weeks. As fans cheer a possible march back to the one-dollar line, analysts are also whispering about Remittix (RTX), a little-known payments token now racing toward a key funding goal. Both coins offer upside, but the ways they plan to get there could not be more different.
Whale Wave Pushes DOGE Toward Breakout
Fresh on-chain data shows that giant wallets holding one to one-hundred million DOGE scooped up millions of coins during the spike, while smaller traders trimmed positions. This transfer of supply tightens the float and often leads to stronger price swings later. Technically, DOGE is coiling inside a falling-wedge pattern, a setup that can explode when volume returns. A clean daily close above $0.175 would open a sprint to $0.25, the first checkpoint on any trip to a dollar. Drop under $0.16, however, and the bullish script unravels fast.
Federal Reserve Hopes Lift Sentiment
Dogecoin‘s pop isn’t happening in a vacuum. U.S. officials just added three extra weeks to tariff talks, cooling global trade worries. Traders also expect next weeks consumer-price report to show softer inflation. If that happens, the Federal Reserve could hint at rate cuts, giving risk assets like crypto more room to run. Bitcoin already hovers near $110,000; a breakout there usually drags DOGE along for the ride. A hotter inflation print, though, could send all boats lower, trapping meme-coin bulls mid-wedge.
Remittix: Turning Crypto Into Cash in Seconds
While DOGE leans on macro news and whale wallets, Remittix focuses on something far more practical: moving money. Its coming PayFi wallet, slated for release later this year, will let anyone swap Bitcoin, Ether or XRP into local bank deposits in about ten seconds. There are no weekend delays, no hidden exchange spreads and transfer fees are just fractions of a cent. Every single swap permanently burns a slice of RTX, shrinking supply as the network grows.
That built-in scarcity is attracting serious notice: over $16 million has already been raised at $0.0811 per token and the team is sprinting toward an $18 million soft-cap finish. During this final push, new supporters can still claim a 50 percent bonus allocation, making todays effective entry roughly five cents.
Beyond the numbers, two global payout corridors one aimed at Southeast Asia, another at Latin America are lined up for launch right after the wallet goes live. If even a sliver of the $190-trillion global payments market flows through Remittix, daily burns will tighten circulation quickly, giving long-term holders an automatic boost without hype tweets or mascot memes.
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