Dogecoin has moved higher in recent sessions, drawing renewed attention from meme-coin traders. Market participants continue to debate whether the move is driven primarily by broader crypto sentiment or by Dogecoin-specific factors.
On-chain data cited by analysts suggests some large holders have added to positions during the rally. At the same time, some traders are also monitoring newer projects alongside DOGE.
Below is a look at recent Dogecoin price action and a summary of claims made by the Remittix project about its product roadmap.
Dogecoin Price Makes 18% Weekly Jump
Last month marked the start of Dogecoin’s price rise, as Bitcoin’s rally lifted many large-cap altcoins. DOGE moved above $0.20 during the period, before pulling back toward $0.18.
During that stretch, some large wallets increased DOGE holdings, according to public blockchain data. A Coindesk report cited estimates that more than $200 million worth of DOGE (about 1 billion tokens) entered whale wallets over the past month.
If accurate, the shift would imply a larger share of DOGE is held by large wallets. Market observers often interpret that data in different ways, and it does not, on its own, indicate future price direction. DOGE reached $0.25 on Tuesday before easing back.
A subsequent pullback pushed the token lower; however, the $0.24 area has so far acted as support. That leaves DOGE up around 18% over the week, based on the levels cited above.
Some traders also note that meme coins can be particularly volatile, and attention can rotate quickly. Alongside DOGE, some market participants are also tracking projects such as Remittix, which is positioning itself around crypto-to-fiat payments.
Remittix’s RTX token has not launched yet, and any timelines or product claims should be treated as project-reported until independently verified.
Remittix: Project Claims on Crypto-to-Fiat Transfers
According to the Remittix project’s materials, it aims to support transfers from crypto assets to fiat bank accounts through a wallet and related application. The project describes this as a crypto-to-fiat bridge; however, product availability, fees, and supported jurisdictions can change and may depend on third-party providers.
The project also states that its Web3 wallet would allow users to send funds to a chosen fiat bank account from within the app.
Remittix says its wallet supports 30+ fiat currencies and more than 40 crypto tokens, and that its DApp is in beta testing. These details are based on project statements and have not been independently confirmed in this article.
Token sale and links (for reference)
Remittix has described an ongoing token sale and has stated that it has raised more than $19.3 million to date. This figure is project-reported.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/Remittix
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, readers should do their own research and carefully consider the risks involved.