Solana And Dogecoin Price Drop Sparks Big Rotations, Remittix Funding Surges Past $18M As Whales Go Big
The post Solana And Dogecoin Price Drop Sparks Big Rotations, Remittix Funding Surges Past $18M As Whales Go Big appeared on BitcoinEthereumNews.com.
Solana and Dogecoin Price headlines have turned bearish after fresh U.S. tariffs rattled markets. Solana lost 9.5 % in one day, slipping from $200 to $157 when the White House imposed a 10% baseline tariff and a 35% levy on Canadian imports. Dogecoin Price followed suit, dipping almost 8 % amid broader risk-off sentiment in crypto, dropping from $0.22 to $0.190 before finding a floor. Amid these declines, Remittix (RTX) has seen its funding top $18 million, attracting whales fleeing speculative losses for tangible PayFi rails. Solana’s Sell-Off Challenges $170 Floor Solana’s drop to $159 tested its next support, $150, a level last defended in early this year. On-chain data shows daily transactions tumbled 14 % as traders rotated out of high-throughput chains. Solana’s RSI dipped to 35, signaling oversold conditions, while whale wallets dumped 17 million SOL—worth nearly $2.8 million—into the market. Solana’s broader metrics also warn of caution. Its active development on DeFi apps saw total value locked dip 6 % this week, reflecting capital flight to alt rails. With Solana trading below its 50-day EMA, bulls need to see a catalyzing event—such as new ETF filings or major DEX partnerships—to regain lost ground. Dogecoin Price Tests Key Support After Dip Dogecoin Price tumbled past $0.205, marking its steepest drop since mid-July. Trading volume surged to 1.25 billion tokens, indicating that institutional and retail players alike were active in the dip. On-chain, wallets holding over 10 million DOGE reduced positions by 3.8 % as profit-taking outpaced accumulation. That shift suggests smart money is hedging risk, rather than doubling down on Dogecoin Price’s meme-driven rallies. With resistance at $0.22 holding firm, Dogecoin Price’s next leg higher may hinge on new catalysts—network upgrades, exchange listings, or broader market recovery. Remittix’s Funding Surge Draws Whale Capital As Solana and Dogecoin prices…
Filed under: News - @ August 3, 2025 12:26 pm