Market attention has recently returned to meme-themed cryptocurrencies such as Dogecoin and Shiba Inu. Below is a brief overview of recent price commentary and project-related updates discussed by traders and analysts.
Dogecoin Price Prediction: What’s Next for DOGE?
Dogecoin has traded in a range in recent sessions, with commentary often focusing on the $0.24$0.28 area and resistance near $0.29. Some technical analysts have pointed to patterns such as a rising wedge, which they interpret as a potential sign of weakening momentum, though such patterns are not determinative and can fail.
Other analysts have suggested that a sustained move above $0.29 could open the possibility of additional upside tests (for example, the $0.31$0.35 area), but these scenarios remain speculative and depend on broader market conditions.
Price forecasts vary by model and can change quickly. For example, CoinCodex has projected DOGE around $0.28 by late October under its assumptions.
Shiba Inu News and Outlook
Shiba Inu (SHIB) has also seen renewed discussion, with some traders referring to October as “Uptober.” Recent talking points include:
- On-chain metrics that some analysts interpret as accumulation, alongside speculation about whether SHIB could attempt a breakout.
- Shibarium (an Ethereum Layer 2 network associated with SHIB) has been reported as preparing to restore its Ethereum bridge after addressing an exploit estimated at nearly $4 million. The impact of this development on market sentiment is uncertain.
- Some analysts have discussed scenarios involving sharp short-term moves, including triple-digit percentage changes; these are speculative and should not be treated as forecasts.
SHIB also remains sensitive to broader macro and risk sentiment. Events such as uncertainty around U.S. fiscal policy and the release (or absence) of economic data can influence risk appetite and volatility across crypto markets.
Project being discussed alongside DOGE and SHIB: Remittix (RTX)
Separate from DOGE and SHIB, some commentary and media coverage has highlighted Remittix (RTX), which the project describes as focusing on crypto-to-fiat payments and deposits to bank accounts in multiple regions. References to RTX are often tied to an ongoing token sale and related marketing activity.
Based on project materials and public statements, commonly cited points include:
- A product concept centered on converting crypto to fiat and routing payouts to bank accounts (details and availability may vary by jurisdiction).
- Claims that the project has raised over $27 million and sold 675 million RTX tokens; these figures have not been independently verified in this article.
- A statement that its smart contracts passed a security audit by CertiK (an audit is not a guarantee of security or future performance).
- Marketing incentives described by the project, including a giveaway and a referral program; participation terms and eligibility are set by the project.
- Reports of planned exchange listings, which can change and do not ensure liquidity or price outcomes once trading begins.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
