Dogecoin Faces Support Challenges as Attention Shifts to Emerging Altcoin Gaining Market Interest

The spotlight is once again on Dogecoin as it tries to maintain support near critical levels. While Dogecoin’s price action has kept traders alert, a growing section of the crypto community is shifting their focus to Remittix, a PayFi project that has already raised over $24.5 million. With investors calling it the best crypto to buy now, Remittix is building strong momentum as Dogecoin traders look for bigger returns.

Dogecoin Fights To Stay Above Support

Source: TradingView

Dogecoin edged higher by more than 2% on Monday, following a nearly 6% weekend rally. The push came after Rex-Osprey announced a DOGE ETF, which helped the token test resistance near $0.23498. Analysts note that if Dogecoin closes above this level, it could extend gains toward $0.24300.

However, technical indicators show mixed signals. The Moving Average Convergence Divergence (MACD) is rising, suggesting improving momentum, while the Relative Strength Index (RSI) sits at 74, indicating Dogecoin is overbought in the short term. Traders are closely watching $0.22597 as the key line. A break below it could send Dogecoin back to the $0.21914 zone.

Why Remittix Is Standing Out

As Dogecoin tests its limits, speculators searching for the best crypto to buy now are turning to Remittix. Positioned at the center of the PayFi narrative, it is attracting both whales and retail investors. With adoption and technology driving excitement, here are the highlights:

• Institutional Whales Joining: Early whale wallets have started buying RTX, signaling confidence in long-term growth.
• PayFi Rail Expansion: Building payment rails that connect banks, wallets, and DeFi platforms seamlessly.
• Beta Wallet Launch Near: Scheduled for September 15, offering multi-token instant transfers with FX conversion.
• Global Payment Utility: Targeting freelancers, remitters, and businesses seeking fast international settlements.
• Upcoming Dual Listings: Confirmed Bitmart and LBank listings are designed to boost liquidity and visibility.

Remittix is not only raising funds but also shaping itself as a crypto with real-world utility, setting it apart from meme-driven assets like Dogecoin.

The Shift Toward Utility-Focused Altcoins

Dogecoin may remain relevant for its community strength, but the broader narrative is moving toward utility tokens. Ethereum and Solana have long captured institutional interest, and now Remittix is being positioned as the next big altcoin to watch. Analysts project that RTX could outperform Dogecoin holders’ returns by wide margins as PayFi adoption accelerates.

For investors looking at early stage crypto investment opportunities, Remittix is increasingly being dubbed the best long-term crypto investment. With its cross-chain design, low gas fees, and roadmap of utility-driven services, it may well become one of the fastest growing crypto projects of 2025.

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

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