Dogecoin Price Plummets As Whales Take Profits, Are They Rotating Into Pepe And Remittix?

The Dogecoin price has seen a sharp drop this week as large holders, known as whales, started taking profits. This sudden move has raised questions about whether these whales are now shifting their money into newer tokens like PEPE and Remittix (RTX). 

Dogecoin Price Falls As Big Investors Sell Off

The Dogecoin price climbed above $0.22 earlier this week, breaking out of a long period of sideways movement. Many traders thought this was a sign of a strong uptrend. A double bottom pattern formed on the charts, which usually signals a price jump. But after a quick rise, things took a turn.

Crypto traders like Kamran Asghar and Javon Marks noted this pattern, pointing out it was similar to past breakouts that led to bull runs. However, just as quickly, Dogecoin price started falling again. Another expert, Jonathan Carter, said that even though the price broke out, it may not hold unless new buyers step in. Right now, the meme coin is struggling to stay above its 200-day moving average, a level that often supports long-term trends.

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source: @JohncyCrypto on X

PEPE Coin News: Whale Activity Surges as Price Swings

While Dogecoin price is falling, PEPE is showing signs of life thanks to big investors. According to IntoTheBlock data, PEPE whale transactions jumped 45% in just 24 hours. These whales moved over 7.7 trillion PEPE coins, worth nearly $87 million.

This huge spike in activity comes after a massive transfer of 531 billion PEPE to Binance, worth over $5 million. At the time, PEPE was trading around $0.00000929 but later climbed to $0.00001134. Some traders believe the coin might be ready for a bounce.

Crypto expert VegetaCrypto1 shared that PEPE might dip again slightly but could recover fast after that. This setup, often called a “fakeout,” may be a trap for sellers before the price rises again. Despite the dip in trading volume by 18.2%, the spike in whale moves shows that PEPE is still getting attention.

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source: @VegetaCrypto1 on X

Remittix: A Quiet Giant Gaining Strength Behind the Scenes

Remittix (RTX), a new player in the crypto world, has already raised over $17.7 million from the sale of 575 million tokens, each priced at $0.0876. This strong funding shows that many investors see real value in this project. Remittix is focused on real-world payments and making cross-border money transfers faster and cheaper. 

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Here are a few reasons why some investors are shifting into RTX:

  • It combines finance and blockchain to fix global payment problems
  • The platform already has working features like its PayFi system
  • A $250,000 giveaway is drawing new interest from the crypto community
  • It supports low gas fees, making transactions affordable
  • It is attracting investors who want more than just hype

Conclusion: The Rotation Is Real

The drop in Dogecoin price shows that even strong meme coins are not safe from sudden profit-taking. As whales exit, they seem to be exploring other opportunities. PEPE coin news shows that activity is heating up again, with whales taking big positions. Meanwhile, Remittix is quietly becoming a serious contender with strong fundamentals and growing support.

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Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

This article is not intended as financial advice. Educational purposes only.

Source: https://blockchainreporter.net/dogecoin-price-plummets-as-whales-take-profits-are-they-rotating-into-pepe-and-remittix/