Meme coins collectively soared in value throughout 2024, amalgamating into a massive Q4 surge following Donald Trump’s election victory in November. With new money entering the market from previous bull runs, large cap memes like Dogecoin were the first to significantly pump, though hype for memes has since died down as utility gems take center stage.
Here’s the rundown on Dogecoin’s latest news and rumors and why investors shouldn’t be too concerned over the Dogecoin meme’s short-term “capitulation.”
Dogecoin’s Latest News: Why Investors Shouldn’t Be Concerned About Dogecoin’s 10% Drop
In Dogecoin’s latest news, Dogecoin has demonstrated relative resilience during a wider market downturn, buoyed by significant whale activity, including the recent purchase of 1.08 billion DOGE worth $413 million. This accumulation, along with substantial transfers to private wallets, has alleviated selling pressure, allowing the Dogecoin meme to maintain relative stability alongside most other large caps. Still, the market dip has taken its toll on Dogecoin, with DOGE shedding 21% over the past two days as memes continue to falter in early 2025.
While Dogecoin has undoubtedly lost momentum, this broader pullback reflects market-wide trends, with Bitcoin waxing and waning around $95,000 and Solana hitting its lowest price over a 60-day period. Even amidst these broader challenges, Dogecoin’s robust community, appeal to retail investors and positioning as the #1 leading meme coin offers hope for a Dogecoin rebound as market conditions inevitably stabilize in typical cryptocurrency fashion.
Additionally, given that altcoin season is yet to fully commence, Dogecoin’s potential for recovery remains strong, fueled by growing speculation around Elon Musk’s possible integration of Dogecoin into a rumored “X Money” payments platform. Donald Trump’s pro-crypto administration could also be a notable bullish catalyst for the Dogecoin meme, with the incoming pro-crypto SEC chair Paul Atkins set to be sworn in shortly after Trump’s inauguration.
With memes poised for a resurgence and new money expected to enter the market, Dogecoin could reclaim its previous highs in the coming months. The combination of whale interest, Elon Musk’s ongoing involvement with the “Department Of Government Efficiency”, and its enduring cultural appeal positions Dogecoin as a contender to rejoin the top five cryptocurrencies once again. In the meantime, savvy investors are accumulating Dogecoin and Remittix during this dip before each experiences their respective parabolic breakout in the upcoming months.
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Remittix simplifies international payments by providing a fast and cost-efficient way to handle cross-border transactions. Using blockchain technology, users can send cryptocurrencies that are instantly converted into fiat and deposited directly into recipients’ bank accounts, ensuring quick and reliable transfers. This includes memes such as Dogecoin and Shiba Inu, and over 40+ other cryptocurrencies.
Unlike traditional services such as Stripe or Wise, Remittix bridges the gap between fiat and cryptocurrency with its all-in-one platform. Its flat-fee model eliminates hidden costs, delivering transparency and making it an attractive choice for personal and business use alike.
The platform’s focus on security is bolstered by audits from Solidproof and BlockSAFU, which guarantee its infrastructure as both stable and reliable for all investors and users. The three-year lock on team tokens further ensures investor confidence by preventing short-term sell-offs that plague alternative presales, further setting Remittix apart.
RTX tokens, currently priced at $0.0199, present a prime investment opportunity. Predictions of 20x returns during its presale and substantial growth post-launch highlight its potential as the market for cross-border payments expands in anticipation of a robust altcoin season.
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Source: https://blockonomi.com/dogecoin-sees-a-10-drop-in-under-24-hours-what-is-the-price-heading-in-january/