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Invezz 2025-08-07 10:19:42

Whales aren’t buying this DOGE dip, they are buying PENGU and Remittix instead

While Dogecoin’s price struggles to hold above the critical $0.20 level, whales are turning their attention to rapidly rising tokens like Pudgy Penguins (PENGU) and Remittix (RTX) , which have seen explosive growth. As Dogecoin price faces uncertainty with a 1.66% dip in the last 24 hours, investors are increasingly flocking to PENGU and Remittix — two altcoins with strong fundamentals and bright futures. Dogecoin faces bearish pressure as whale activity cool Dogecoin recently dipped below $0.20 after showing brief recovery signs. DOGE price fell 1.66% in 24 hours, with a significant drop below the $0.201 support level. With trading volume dropping nearly 18%, the Dogecoin price is under pressure, and traders are waiting to see if it can hold the $0.198 level — a breakdown could see it test $0.185. The most recent spike in trading activity was unusual for DOGE: a massive 877 million tokens were traded on August 5, indicating market uncertainty and likely profit-taking by traders. This behavior signals caution, particularly as retail-driven interest has cooled, and whales are looking for new opportunities. PENGU’s explosive growth signals new opportunities As the price of Dogecoin goes down, Pudgy Penguins (PENGU) is producing a steady rise, as daily views have increased 100 million to more than 900 million. This indicates the increased popularity and interest within the community on PENGU as a growth point in the community and even the potential of a breakout. Pudgy Penguins has been consolidating slightly below its former highs and is currently in a position to make a possible move up to the level of $0.060, and the technical indicators are pointing that the next stage of the growth is not far away. The price has been moving strongly bullish after the price had pulled back to the 0.236 Fibonacci retracement level, and is ready to make another push. PENGU price targets: Breakout Targets : $0.050–$0.064 Critical Support : $0.030–$0.040 range Potential Market Cap : Could push toward a $10B cap Remittix’s explosive growth continues as DOGE faces correction As Dogecoin shows signs of exhaustion, Remittix (RTX) is emerging as a top altcoin with real-world utility. With over $18.2 million raised and 582 million tokens sold, Remittix has already captured the attention of investors seeking more than just speculative assets. Why Remittix is quietly becoming the breakout crypto of 2025: Up to 40% Token Bonus still live for early investors Wallet Beta Launching Sept 15 Real-World Utility in cross-border payments and DeFi Massive Community Support and increasing hype on social media Final thoughts: Remittix could outperform DOGE While DOGE price struggles with bearish pressure and reduced market enthusiasm, Remittix (RTX) is steadily climbing, backed by real utility, strong community support, and strategic product rollouts. As PENGU gains traction and DOGE fades, Remittix is well-positioned to dominate the next crypto wave. 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 The post Whales aren't buying this DOGE dip, they are buying PENGU and Remittix instead appeared first on Invezz

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