CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Crypto Daily 2025-02-18 20:16:26

Dogecoin News: What Caused The Dogecoin Price Rally Last Week? Are DOGE Holders Switching Focus To A New Altcoin?

Following a spectacular price spike last week, Dogecoin news has been a major topic of discussion in cryptocurrency circles. Analysts predict that if DOGE recovers to the 0.618 Fibonacci level, it might hit a new all-time high of $2.30. Additionally, there is hope when the SEC acknowledged Grayscale's DOGE ETF proposal, which has a 76% chance of being approved by the end of the year. But as Dogecoin keeps rising, some DOGE investors are now concentrating on Remittix , a new altcoin that is quickly gaining traction in the blockchain industry. Dogecoin News: What Sparked the Price Rally? The latest Dogecoin news emphasizes multiple elements fueling the rise. A key element driving Dogecoin's price increase was the substantial short squeeze, leading to over 28 million DOGEbeing cleared from short positions in the past 24 hours. This gap in futures trading has resulted in a 2.9% boost in DOGE's price, hitting $0.2793, while trading volume surged by 38.41% to $2.34 billion. Another important aspect is the SEC's acknowledgment of Grayscale's DOGE ETF request. The possible approval of a Dogecoin ETF in the United States might offer mainstream visibility to DOGE, enabling American investors to access the token without buying it through exchanges. ETF analyst Eric Balchunas has described the SEC's response as 'a positive indication', leading the crypto market to expect a sustained bullish effect. About 4 hours ago, Dogecoin's price shifted by -3.29% to $0.26, while the trading volume decreased by -14.3% to $1.09 billion. Are DOGE holders switching to Remittix? While Dogecoin news remains bullish, some investors are looking at new opportunities with higher upside potential. Remittix , an emerging altcoin with real-world payment integration, has been catching the attention of DOGE holders and whales alike. In contrast to Dogecoin, which depends on speculation and market feelings, Remittix provides practical financial uses, rendering it a compelling alternative. A key element contributing to Remittix’s appeal is its crypto-to-fiat integration, enabling users to effortlessly convert digital currencies into bank deposits globally. In contrast to Dogecoin, which is primarily driven by its community, Remittix is already demonstrating its worth in actual finance. Why Remittix is Gaining Traction Among DOGE Investors As Dogecoin holders seek new investment opportunities, Remittix is positioning itself as the most promising blockchain payment solution. With a successful presale surpassing $12.2 million, it has attracted significant institutional and retail interest. Unlike DOGE, which remains speculative, Remittix is backed by financial applications that directly compete with traditional banking solutions. Additionally, Remittix is conducting a major giveaway , further increasing its adoption and allowing new users to experience its revolutionary technology firsthand. As DOGE investors look for long-term gains and real-world usability, Remittix is emerging as the strongest alternative, offering instant settlements and institutional-grade financial integrations Remittix is also engaging in collaborations with international payment networks, enabling companies and individuals to conduct smooth cross-border transactions with low fees. This degree of practical application distinguishes it from Dogecoin and various meme-driven cryptocurrencies that depend largely on price fluctuations influenced by social media. Will Dogecoin maintain its momentum, or Will Remittix take the lead? While Dogecoin news continues to highlight short-term bullish catalysts, long-term investors are considering Remittix for its real-world utility and payment solutions. With DOGE’s ETF approval pending and speculation driving price movement, Remittix is building a more sustainable financial infrastructure, giving it a competitive edge in the evolving blockchain space. For traders looking for the best crypto investment in 2025, Remittix is proving to be a stronger choice, combining crypto innovation with practical financial applications. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Giveaway: https://gleam.io/FHtn5/250000-remittix-giveaway Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.