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Cryptocurrency News Articles

Remittix (RTX) Holders Crosses 16,000 as the DOGE Price Continues to Consolidate

Mar 06, 2025 at 03:19 am

The DOGE price continues to consolidate within a narrow range as bulls expect a breakout soon. Meanwhile, the exclusion of Dogecoin (DOGE), Pepe (PEPE) and Shiba Inu (SHIB)

Remittix (RTX) Holders Crosses 16,000 as the DOGE Price Continues to Consolidate

The crypto market has seen a shift in focus from memecoins to utility-driven tokens. While Dogecoin (DOGE), Pepe (PEPE), and Shiba Inu (SHIB) have entertained investors with their volatility and meme-driven followings, they are now being excluded from the US Crypto Reserve.

This move by the government body signals a broader narrative shift. Memecoins, despite delivering impressive gains and engaging a passionate community, often lack real-world use cases and sustain their value through hype cycles, which could be viewed as a weakness in the long run.

As the market evolves towards more utility-driven cryptocurrencies, investors are turning their attention to PayFi projects like Remittix (RTX), which is being touted as “the next XRP.” This revolutionary project is focused on bridging the gap between crypto and fiat payments, aiming to revolutionize the way we send and receive money across borders.

Dogecoin (DOGE) Fails To Break $0.3

The price of Dogecoin (DOGE) has been consolidating in a narrow range on the higher timeframes.

On the lower timeframes, the DOGE price is testing the $0.24 resistance. A breakout from this level could propel the memecoin to the next resistance zone at $0.3.

According to the crypto analyst, if the bulls can push the DOGE price past the $0.3 breakout, then it could continue rallying to $0.5. A breakout from this level might propel the memecoin to $1.

However, if the bears sink the DOGE price from the $0.24 level, then it might continue testing the lower levels. An analysis by another analyst shows the potential DOGE price movements.

Shiba Inu (SHIB) Might Hit $0.0000743 On One Condition

The price of Shiba Inu (SHIB) has dropped below the $0.000017 support.

Shiba Inu price chart for 2025: TradingView

The crypto price analysis platform, Investinghaven, predicts that the SHIB price could still rally to $0.0000743.

However, the crypto news outlet says the last time the SHIB price dropped below the $0.0000133 support, it sparked a rapid recovery.

Shiba Inu price is currently testing the $0.000012 support on the lower timeframes. A breakdown from this level might continue the SHIB price to lower lows.

Pepe (PEPE) Added To Coinbase’s COIN50 Index But Price Stays Down

The price of Pepe (PEPE) has pulled back from the Sunday’s spike to new highs.

The price of Pepe is currently at $0.000003 after dropping from highs of $0.00000886.

According to CoinMarketCap data, the price of Pepe is down 37.2% in the last 30 days.

Coinbase has added the Pepe token to its COIN50 index.

The crypto exchange disclosed this in a recent statement. It, however, didn’t state when the addition took place.

The COIN50 index is a basket of the top 50 cryptocurrency derivatives that are traded on Coinbase.

The crypto exchange explained that it adjusted the index in the second quarter to reflect changes in the crypto market.

The statement reads in part: “In 2 طبقات, we made several changes to the COIN50 index to reflect the evolving landscape of the digital asset markets.

"Specifically, we have adjusted the index composition to include a new token: Pepe (PEPE).

"This addition reflects the increasing demand for memecoins and the role they play in the broader crypto ecosystem.

"Furthermore, we have made technical modifications to the index methodology to enhance its robustness and ensure its long-term sustainability.”

The crypto market has seen a shift in focus from memecoins to utility-driven tokens. While Dogecoin (DOGE), Pepe (PEPE), and Shiba Inu (SHIB) have entertained investors with their volatility and meme-driven followings, they are now being excluded from the US Crypto Reserve.

This move by the government body signals a broader narrative shift. Memecoins, despite delivering impressive gains and engaging a passionate community, often lack real-world use cases and sustain their value through hype cycles, which could be viewed as a weakness in the long run.

As the market evolves towards more utility-driven cryptocurrencies, investors are turning their attention to PayFi projects like Remittix (RTX), which is being touted as “the next XRP.” This revolutionary project is focused on bridging the gap between crypto and fiat payments, aiming to revolutionize the way we send and receive money across borders.

Dogecoin (DOGE) Fails To Break $0.3

The price of Dogecoin (DOGE) has

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Other articles published on Mar 06, 2025