Is Dogecoin Losing Its Spark? Analysts Warn SHIB and DOGE May Struggle as Newcomers Like RTX Dominate Hype
The ongoing crypto downtrend hits the meme sector differently, as it now remains over 15% below its August high. Dogecoin could fall below $0.19 after losing the $0.22 support. Shiba Inu defends $0.000012.
As SHIB and DOGE fight to hold their ground, attention shifts to a newer narrative: Remittix (RTX). This utility-first project is carving a new category in payments. With its presale soaring above $20.6 million, analysts call RTX the next big breakout.
Dogecoin Faces Investor Pullback
For Dogecoin, the story is gloomy. On-chain data shows that two key groups of investors are reducing exposure. Medium-term holders (6–12 months) dropped from 15.46% to 14.70%, while short-term holders (1–3 months) fell sharply from 8% to just 4.61%.
With DOGE currently at risk of breaking below $0.21, analysts warn that a move toward $0.20 could represent the next stage in its correction, a drop of roughly 15%.
Dogecoin Price Chart | Source: CoinGecko
Technical signals also support caution:
The Bull and Bear Power indicator has flipped negative.
Over 76% of supply remains in profit, making DOGE vulnerable to profit-taking.
Institutional demand is still absent, leaving retail traders to carry the weight.
Without a fresh catalyst, Dogecoin risks losing its spark to projects with more compelling growth stories.
Shiba Inu Struggles to Hold Momentum
Shiba Inu is showing signs of weakness. Increased circulation and rising token velocity have added selling pressure, pushing the price toward the $0.00001200 support level. Historically, spikes like this have triggered sharper declines, with many traders on edge.
Shiba Inu Price Chart | Source: CoinGecko
Technical indicators support the bearish outlook:
The MACD flashed a bearish crossover, hinting at shifting momentum.
The Parabolic SAR points to an active downtrend.
A failure to hold $0.00001200 could drag SHIB toward $0.00001182.
Regaining support may boost prices to $0.00001393, although optimists admit the structure is weak. With volatility intensifying, SHIB holders are caught between fading confidence and short-lived recovery hopes.
Why Remittix Is Capturing 2025’s Hype
While Dogecoin and Shiba Inu battle declining momentum, Remittix (RTX) has emerged as one of 2025’s breakout narratives. Its rise isn’t tied to jokes or speculative pumps like meme coins. Instead, it’s grounded in utility and adoption.
Key drivers behind RTX’s surge include:
Over $20.6 million has already been raised in presale, selling more than 612 million tokens.
BitMart recently confirmed the upcoming RTX listing, offering global liquidity and accessibility.
Q3 Wallet Beta launch introducing real-time FX and fiat payouts.
An active $250,000 Giveaway drawing in early adopters.
Most importantly, RTX directly solves a $19 trillion payments challenge by allowing users to send crypto that arrives as fiat in bank accounts across 30+ countries. No banks, no delays, no hidden costs. For freelancers, merchants, and cross-border earners, that’s a solution with real staying power.
This mix of adoption potential, exchange traction, and community buzz is why analysts now say Remittix is dominating hype cycles that used to belong to meme coins.
In a market that rewards popularity and ROI, RTX looks well-positioned to outshine DOGE and SHIB through the rest of 2025.
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
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
Filed under: News - @ August 22, 2025 3:30 pm