The Crypto market is recovering from recent dips and capital inflow surges. Dogecoin is seeing a rise in whale accumulation, while Stellar (XLM) has broken past resistance and is eyeing higher targets.
But the real question for traders is simple: which cryptos are worth buying in August for the next major run? Here is why analysts are already pointing to one new altcoin as the hottest crypto to buy in August, with real 20x–50x potential
Dogecoin price has jumped more than 4% in the past 24 hours, now trading near $0.22. The move comes as whales aggressively scoop up DOGE during recent dips. One new wallet withdrew 32.9 million DOGE, then added another 20 million from Binance, bringing holdings to over $11.7 million.
Dogecoin Price Chart | Source: TradingView
On top of that, well-known whale James Wynn went long again on DOGE, betting on a breakout. And optimism is building around a potential Dogecoin ETF approval. Grayscale and Bitwise have filed applications, with Bloomberg analysts giving a 90% chance of SEC approval by October 17.
If ETF approval goes through, DOGE may easily break $0.23 resistance and target $0.30 and $0.82–$2.18 on longer-term charts. Options expiration later this week may make traders cautious due to heightened volatility.
While Dogecoin grabs headlines, Stellar (XLM) is flashing one of the strongest setups in the market. XLM is trading at $0.46 after a 3.8% pump, with bulls eyeing $0.52 as the next key target.
XLM Price Chart | Source: TradingView
Technicals look bullish with RSI, MACD, and exchange volumes, which remain high. If Stellar breaks $0.47 with momentum, traders forecast a run to $0.52, a new yearly high. Long-term support is $0.43 and deeper at $0.36.
The bullish case is clear, but traders keep position sizes tight with XLM already 48% above its 200-day moving average. For now, the XLM price prediction is bullish into September, but risk management is key.
As Dogecoin and Stellar push higher, analysts say the real opportunity may be in Remittix (RTX), a payments-focused altcoin already being called the “next-gen XRP.”
Remittix is building a PayFi platform that lets users send 40+ cryptocurrencies directly into bank accounts across 30+ countries. Transfers settle in 24 hours, fees are flat, and payments appear as standard bank deposits, with no crypto exposure for the recipient.
Key milestones fueling Remittix momentum:
Unlike Dogecoin or Stellar, which rely on speculation and slow adoption cycles, Remittix is currently solving a $183T payments problem.
With utility, momentum, and multiple exchange listings on the way, RTX is being tipped as the best chance for 20x–50x gains in this cycle.
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