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Dogecoin News Update: As the Crypto Market Evolves, Investors Focus on Practical Use Rather Than Hype

Dogecoin News Update: As the Crypto Market Evolves, Investors Focus on Practical Use Rather Than Hype

Bitget-RWA2025/11/02 09:52
By:Bitget-RWA

- Crypto investors increasingly favor utility-driven tokens like Remittix (RTX) over hype-focused projects like Dogecoin (DOGE) and Shiba Inu (SHIB). - Dogecoin's 4.19% 24-hour price drop highlights its limitations compared to Remittix's $27.7M funding and instant crypto-to-fiat payment solutions. - Remittix's PayFi protocol, supported by CertiK audits and listings on BitMart/LBank, addresses cross-border payment gaps through 30+ country operations. - XRP and XLM face competition from Remittix as instituti

Changing trends in the crypto sector are influencing what investors value most, as

(DOGE) and (SHIB) now contend with the rise of utility-focused tokens such as Remittix (RTX), according to a . While DOGE is struggling to regain its upward momentum, both institutional and individual investors are shifting their funds toward payment tokens that deliver real-world utility.

Dogecoin News Update: As the Crypto Market Evolves, Investors Focus on Practical Use Rather Than Hype image 0

According to Coincodex, Dogecoin is currently priced at $0.1923, reflecting a 4.19% decline over the past day and holding a market cap of $29.15 billion. Despite its enthusiastic community, experts point out that DOGE’s limited development roadmap and lack of ecosystem growth restrict its future gains, as highlighted by LiveBitcoinNews. At the same time, major holders are reportedly reallocating to projects like Remittix, which merges blockchain technology with global finance by supporting instant crypto-to-fiat transfers in over 30 countries.

Remittix, with each token valued at $0.1166, has secured more than $27.7 million in private investments and sold 681.4 million tokens, as reported by Coincodex. Coinfomania notes that its PayFi protocol enables users to send digital currencies such as

, ETH, or directly to standard bank accounts, helping to solve a significant challenge in international payments. FinanceFeeds reported on the project’s recent iOS wallet beta launch and confirmed listings on BitMart and LBank, which have further enhanced its reputation. CertiK’s comprehensive audit and top pre-launch ranking add another layer of trust, as mentioned in , drawing more institutional attention.

The industry’s move toward practical use cases is also seen in the renewed interest in XRP and

. Ripple’s XRP, trading at $2.61 with a $157.19 billion market cap, is positioned as a key asset for cross-border payments, according to recent reports. Analysts believe it could climb to $3.50 if institutional uptake increases, though regulatory uncertainty in the U.S. remains a significant barrier. Stellar’s XLM focuses on affordable, peer-to-peer transfers, but both face mounting competition from innovative platforms like Remittix.

Institutional players are also watching for potential ETF approvals for XRP, which could drive long-term growth, according to a

. Still, projects that offer immediate, practical benefits—such as Remittix—are gaining momentum more quickly. Its $250,000 community giveaway and 15% referral incentive have accelerated user growth, while collaborations with international remittance firms highlight its potential for expansion.

The evolving crypto environment shows a shift toward solutions that prioritize real-world use over pure speculation. While

and still generate significant online attention, platforms like Remittix are redefining how blockchain can be integrated into mainstream financial services, as reported by LiveBitcoinNews. With more than 681 million tokens sold and a $30 million fundraising milestone approaching, Remittix represents the new generation of crypto projects—where digital currencies work seamlessly with established financial systems.

Looking ahead to 2025, the emphasis on regulated and scalable solutions indicates that tokens with real-world applications are likely to lead the next major market rally. For those seeking the next big investment, the market’s transition from hype to utility is unmistakable.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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