Dogecoin Price Prediction: Why Whales Are Selling DOGE, SHIB and BONK To Buy Utility Tokens Like RTX

A recently released Dogecoin price prediction has thrown DOGE whales and their community into a state of panic. On-chain metrics continue to show massive selloffs by whales are dumping their DOGE and other meme coins, such as SHIB and BONK, to buy utility tokens. The liquidated funds are traced into an emerging Payfi solution, Remittix (RTX), which they believe will replicate DOGE’s early success. Read on.

Dogecoin Price Prediction: What The Future Looks Like?

Different Dogecoin price predictions continue to point to a bearish outlook in the short term, as whales continue to sell off their massive holdings. A few days ago, Whales_alert reported that over 129 million DOGE tokens worth over 26 million were transferred from an unknown wallet to Binance.

Source: Whale_alert via X.

Historically, such transfers have always preceded a bearish rally, and what whales are trying to sell off ahead of the party. This on-chain report has further reinforced the bearish Dogecoin price prediction circulating in the market.

While some loyal community members are still holding onto DOGE, the savvy investors have left.

Why Investors Are Selling Meme Coins At Large

Market watchers and analysts believe the massive sell-off seen in DOGE and other meme coins is triggered by the ongoing diversification into utility-driven projects. While meme coins once enjoyed their glory days, it seems they have now come to an end. Over the past few years, interest in meme coins and their momentum has declined significantly due to their lack of utility. Rather than invest in uncertainty and hype, investors are settling for RTX , which is set for the moon.

Remittix (RTX), The Best Under $1 Crypto To Buy Now

Remittix (RTX) is positioned to facilitate cross-border crypto-to-fiat transactions in over 30 countries and supports more than 40 cryptocurrencies. Users send cryptocurrency, which is converted using the live FX rate on the app and deposited directly into their bank accounts as fiat.

The project offers numerous earning opportunities for its users. Users can earn 15% of their referee’s purchase back in USDT).

Remittix highlights:

• Beta testing for the Remittix wallet is now live, with community users actively testing it.
• A full CertiK audit has been completed; liquidity and team tokens have been locked for a period of three years.
• Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and remitters.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

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