The last few weeks have seen crypto assets pump and correct with every new day drawing closer to an altseason.
However, while investors remain hopeful of a bullish altseason, the Dogecoin price has remained bearish.
This is because the Dogecoin price has been trading in a downtrend for the last 8 months. However, Remittix, on the other hand, is becoming a bailout token, as it swells past 5x in the last few months.
Here is a dive into the factors causing the Dogecoin price to remain stagnant in the last 8 months, and why Remittix is the best crypto presale to buy now.
Dogecoin Bearish Factors As Altseason Makes A Bullish Appearance
While other altcoins are teasing new all-time highs, the Dogecoin price has remained largely disappointing. For the last 8 months, the Dogecoin downtrend has seen it trade more than 50% below the year’s high. However, further analysis now suggests the price might face more woes in the coming weeks as the altcoin season takes full form.
Also, the rise of interest in utility tokens and a sentimental shift away from meme coins have been some of the factors driving the decline of Dogecoin over the last months. Moreover, as the crypto market altseason nears with Ethereum closer to a new record price, investors are not getting more disillusioned with the potential of Dogecoin.
Assessing Potential Dogecoin Prediction For Q4 2025
The top question in the market circles lately is whether the Dogecoin price still has anything to offer this year. Two days ago, the Dogecoin price attempted a price breakout, trading over 10% in 24 hours. However, the strong reversal that follows has reestablished the bearish sentiment.
According to the price action and current level, the Dogecoin price is in another supply zone, which could see it falling further. Bullish-bearish predictions suggest that $0.20 and $0.16 could be the critical levels to watch this year.
This is because the current formation above $0.20 could fuel growth to $0.35 by the end of the year if the support holds. However, a fall below $0.16 could be very bad for the coin going forward.
Understanding Why Remittix Keeps Making Bullish Steps Lately
The Remittix presale is ending soon and is primed for a breakout. But even with the 5x price growth in the last few months, experts say its final launch and listing on an exchange this year could see it accumulate up to 100x. This is due to its crypto-to-fiat solution, which drives interest in cross-border payments by enabling smooth transfers to bank accounts.
The accumulation of the Remittix token has continued ramping up as the team announces there will be another exchange reveal when it hits $22 million market cap. However, it should be noted that BitMart has already expressed interest in listing the Remittix token, indicating that the listing is nearing completion.
Also, Remittix listing comes with a few other add-ons, including:
- An official beta wallet launch that might come sooner, with a September projection
- Rise in staking interest as it promises higher ROI beyond the price surge
- Market adoption with the merchant API for cross-border payment for businesses
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Reporter at Coindoo
Source: https://coindoo.com/dogecoin-news-today-why-dogecoin-is-stagnating-as-remittix-becomes-top-crypto-presale-to-buy-now/