Dogecoin Latest News: On-chain data Shows DOGE Whales Rotating Into New Altcoin Remittix In August

Whale movements reveal a key trend, major holders of Dogecoin appear to be shifting portions of their portfolios into a rising altcoin, Remittix (RTX). 

On-chain data shows about $4.6 million in DOGE outflows around August 19, with significant flows directed toward Remittix, and this activity comes despite Dogecoin’s recent modest rallies around $0.22 to $0.23 as the broader crypto market stabilizes. This shift suggests a growing appetite for utility-oriented tokens amid meme fatigue.

Dogecoin Looks for Leadership as Momentum Wanes

Dogecoin is navigating through a turbulent phase, trading near $0.22, stuck under resistance near $0.23 to $0.24, with low RSI and fading buying power. While earlier optimism stemmed from chart patterns like Golden Cross setups, sustaining those levels has proved challenging. 

Meanwhile, whale activity cooled off despite a surge in large transactions earlier in August, suggesting some holders are seeking growth in alternatives beyond Dogecoin’s meme-driven cycles.

Remittix: Infrastructure for the Next Wave of Crypto Adoption

Remittix is gaining investor attention as a practical alternative to Dogecoin, particularly for those tired of meme-based speculation. Remittix has sold over 623 million tokens, trades at $0.0987, and has raised over $21.6 million. 

Its roadmap includes a confirmed listing on BitMart after raising $20 million, with a second CEX to be revealed upon reaching $22 million raised. Remittix’s $250,000 giveaway is live to onboard users. The Q3 wallet beta launch is imminent, enabling fast, low-fee crypto to bank transfers across 30+ countries using 40+ cryptocurrencies and 30+ fiat currencies.

Here is why Remittix stands out: 

• Wallet beta launches this quarter (Q3 2025)
• Solving a real-world $19 trillion payments problem
• Audited by CertiK, built with trust and transparency
• Deflationary tokenomics designed for long-term growth
• Ideal for freelancers, remitters, and global earners

That infrastructure-first approach positions Remittix as a plausible destination for capital shifting out of Dogecoin, not hype, but functional progress.

Dogecoin’s Spotlight Fades as Utility Gains Traction

Dogecoin remains a cultural force, but recent whale rotations signal waning speculative dominance. With resistance holding and innovation lacking, its path forward seems uncertain. 

Meanwhile, Remittix is emerging with real roadmap milestones, active funding, product access, and payment utility, qualities that may outshine Dogecoin in the months ahead.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveaway