XRP News Today: Crypto Utility Transformation Accelerates with Whales Gathering Dogecoin and Remittix

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XRP News Today: Crypto Utility Transformation Accelerates with Whales Gathering Dogecoin and Remittix

Bitget-RWA2025/10/31 09:46

By:Bitget-RWA

- Whale activity in Dogecoin (DOGE) and Remittix (RTX) signals institutional interest in utility-driven crypto assets, with $29.75M in DOGE transfers and RTX's $27.7M funding surge. - Dogecoin's $0.208 price nears key technical levels as Binance receives large whale transfers, while its Treasury's public trading status could boost institutional adoption. - Remittix (RTX) gains traction as a cross-border payment bridge, offering real-time fiat transfers to 30+ countries with audited smart contracts and plan

There has been a notable increase in whale transactions involving

Dogecoin

(DOGE) and Remittix (RTX), indicating significant accumulation and a resurgence of institutional interest in cryptocurrencies that provide practical applications. Both analysts and traders are keeping a close eye on these developments, which align with growing optimism in the market regarding blockchain-powered payment systems and clearer regulatory frameworks.

Dogecoin has captured considerable market attention after a dormant whale moved $26.8 million worth of tokens to Binance, followed by another transfer of 15.115 million

DOGE

valued at $2.95 million. Analyst Cantonese Cat pointed out strong bullish signals, such as a cycle-high volume-weighted average price (VWAP) and Ichimoku support, as DOGE traded around $0.208. Furthermore, the upcoming public listing of the

Dogecoin

Treasury is expected to drive further institutional participation, which could also enhance confidence among retail investors.

Remittix (RTX), though less prominent, is quickly gaining momentum as a payment token, having secured over $27.7 million in private investments and sold 681.1 million tokens. The platform facilitates instant crypto-to-fiat transactions in more than 30 countries, aiming to connect digital currencies with the global financial system. Its smart contracts have been audited by CertiK, and initiatives like a $250,000 community giveaway and planned listings on LBank and BitMart have accelerated its adoption. Experts highlight RTX’s effectiveness in international payments and its referral-based expansion model as key examples of the crypto sector’s move toward regulated and scalable solutions.

Although Dogecoin and Remittix are currently leading in terms of short-term accumulation, overall market enthusiasm is also fueled by the possibility of ETF approvals, with

XRP price predictions

projecting cycle peaks for payment-focused tokens. Some analysts believe

XRP could surge to $10

if institutional-grade offerings debut in 2025. Nonetheless, the spotlight on utility-oriented tokens like RTX highlights a broader industry shift toward projects that deliver real-world solutions, such as international remittances and decentralized payment infrastructure.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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