The post Cardano and Dogecoin Prices Drop Over 13% As Holders Flee To Remittix To Recover Losses appeared first on Coinpedia Fintech News
Cardano and Dogecoin have both plunged more than 13% this week, prompting holders to seek refuge in tokens with clearer use cases. Cardano sank from $0.82 to $0.71—an approximate 13.4% slide tied to profit-taking after Vasil upgrade excitement.
Dogecoin fell from $0.22 to $0.19—a 13.6% drop—as broader altcoin weakness hit meme-driven assets. Meanwhile, Remittix (RTX) has exploded higher, offering on-chain payment utility, a $250 000 community giveaway and a Q3 2025 wallet beta launch.
Cardano’s Retreat from Summer Highs
Cardano’s decline to $0.71 reflects waning momentum after staking participation and peer-reviewed upgrades failed to drive fresh buying pressure. On-chain data shows daily active addresses dipping from 360,000 to 330,000 and DeFi TVL sliding 8% as capital rotated elsewhere.
Technical indicators warn that breaking below $0.72 could open a path toward $0.65, while reclaiming $0.78–$0.80 is necessary to resume ADA’s rally toward $0.85.
Dogecoin’s Oversold Bounce
Dogecoin’s drop to $0.19 saw RSI dip into oversold territory, yet short-term holders have yet to reenter decisively. Trading volume remains elevated at $2.05 billion—the highest in two weeks—suggesting retail traders are chasing the dip even as whales reduce exposure. A reclaim of $0.21 would signal relief, but failure to hold $0.19 risks testing the 200-day moving average near $0.17.
Remittix’s Utility-Driven Rally
While Cardano and Dogecoin reflect sentiment-driven swings, Remittix (RTX) has delivered real-world payment rails that appeal to whales and institutions alike. RTX has surged 484% since mid-June, powered by over $28 million in cross-border transfers through Ghana and Kenya corridors and a $250 000 community giveaway that lifted wallet registrations by 420%.
Here’s why Remittix is the go-to alternative:
- Global payout rails are already integrated and expanding
- Built for adoption, not speculation
- One of the few projects with product progress before TGE
- The 50 % token bonus is still live for early backers
- Utility-first token powering real transaction volume
CertiK audits have cemented trust, and large wallets holding large RTX increased this week, underscoring conviction in Remittix’s live PayFi infrastructure.
Rebalancing Portfolios Toward Utility
The recent 13% slides in Cardano and Dogecoin highlight the risk of sentiment-driven assets. Traders chasing rebounds may find limited upside without fresh catalysts. Remittix offers a compelling hedge: live payment corridors, audited security, a $250 000 community giveaway and a Q3 2025 wallet beta launch.
Allocating a slice of capital to RTX alongside ADA and DOGE positions portfolios to capture recoveries in blue-chip cryptocurrencies while locking in real-world utility growth that can cushion against ongoing volatility.
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
