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Whales Return: Dogecoin and SHIB on the Rise

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by Giorgi Kostiuk

4 hours ago


Recent significant whale transfers have reignited interest in meme coins Dogecoin and SHIB. While Dogecoin shows growth, analysts discuss possible new investment directions.

Whale Activity and Price Rise of Meme Coins

Remarkable whale movements have led to price increases in meme coins. Dogecoin surged by 13.9%, reaching $0.2438, with a market capitalization of $36.56 billion due to a 71.4% increase in trading volume. Shiba Inu is also performing well, with its price rising by 4.29%, reaching $0.00001501, and a market capitalization exceeding $8.8 billion.

New DeFi Opportunities: Remittix

While meme coins dominate the headlines, Remittix, a new DeFi token, is quietly building traction. Currently, its price is $0.0811, and the project has raised over $16.4 million in presale, selling over 555 million tokens and targeting an $18 million soft cap. Remittix offers low transaction fees and the ability to send crypto directly to bank accounts in 30+ countries.

Future of Meme Coins vs. Altcoins

Although Dogecoin and SHIB display short-term growth, there is increasing interest in alternative projects like Remittix, indicating a shift in investor focus. Some analysts predict that Remittix may become the next significant altcoin in 2025 due to its real utility and problem-solving capabilities.

With current changes in the cryptocurrency market, it is essential to recognize the influence of whales and new promising projects like Remittix. Investors should be mindful of new opportunities that extend beyond traditional meme coins.

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