The price of Dogecoin is now $0.147, and the sentiment among the holders is once again declining. The meme coin is not having it easy, as on-chain data shows one of the most severe declines in whale activity over the past year, raising concern that big money might be waning.
Meanwhile, a more recent token of payment, Remittix (RTX), is receiving much more visibility. It has launched its iOS wallet and is moving towards actual use. As Dogecoin loses momentum and falls, most investors have given a second opinion that RTX can reach the $1 first-milestone goal.
Dogecoin Whale Activity Drops to a 60-Day Low
Source: Tradingview
New Santiment data shows that Dogecoin whale transactions fell to just four large transfers in a single day, the lowest reading in 2 months. Whale transactions (worth $1 million or more) often reveal how big investors feel. During strong markets, these numbers rise. During weak periods, they fall.
Back in October, DOGE saw 212 whale transactions in a single day, but that strength has since vanished. There is still minimal activity, with 11 transactions in 24 hours, which suggests whales are either sitting on the price or have given the meme coin an absolute pass.
This large-holder activity breakdown comes at a time when Dogecoin is struggling to stay above $0.15 and the support level is thus considered weaker. In the absence of whale demand, DOGE will struggle to build solid price momentum or reach the desired level of $1.
Dogecoin is currently in the longest accumulation period since its launch and technical indicators are yet to recover. Although DOGE has indeed moved between $0.134 and $0.147, it is primarily driven by retail buyers, rather than whales and institutions. This aligns with weak inflows into DOGE ETFs and the absence of big-cap buying interest.
Remittix Emerges as the Stronger $1 Contender
While Dogecoin loses momentum, Remittix (RTX) is seeing some of its strongest demand ever. Investors looking for a real-world use case are shifting focus to the PayFi project after several significant updates, including its iOS App Store wallet launch and new CEX listing confirmations.
Below are key reasons many traders believe RTX has a better chance of reaching $1 before Dogecoin:
- Remittix is now live on the Apple App Store, showing real product delivery, while many new projects have no working apps.
- Crypto-to-fiat payments will be added soon, turning the wallet into a global payments tool used for sending money across borders.
- Â Remittx is currently priced at $0.119 and has raised over $28.5 million and sold more than 692 million tokens.
- The team completed CertiK KYC and holds full CertiK verification, which has boosted trust among early buyers.
Momentum Fades for DOGE as RTX Strengthens
Dogecoin can still bounce if whales return, but right now, the data shows falling participation, weak ETF inflows, and a market losing interest. At the same time, Remittix is growing quickly thanks to real adoption and a working wallet is already live in the App Store. For many traders, the risk-reward ratio now favours RTX over DOGE, especially for those hunting for the next token to reach $1.
FAQs
1. Why is whale activity important for Dogecoin?
Whales create large trading volumes. When they stop buying, price momentum weakens, and DOGE struggles to move higher.
2. Can Dogecoin still reach $1?
It is possible, but unlikely, without strong whale demand or a significant return of hype. Right now, data shows large holders are stepping back.
3. Why are investors rotating into Remittix (RTX)?
RTX has real utility, a working iOS wallet, CertiK KYC, and global payment features coming soon. These give it a stronger long-term potential.
4. Does Remittix really have a better chance of hitting $1?
Many analysts say yes because RTX has growing adoption and a payment-focused roadmap, while DOGE depends mostly on market sentiment.
5. Is Dogecoin in danger of falling further?
If whale activity remains low and DOGE breaks below the $0.15 level, the price could retest lower support levels like $0.13.
The post DOGE Investors Hope Fade as RTX Emerges the Stronger Contender to Reach $1 Dogecoin Price Milestone appeared first on Blockonomi.