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CoinGape 2024-12-24 07:55:39

Addresses Holding 1 Million Dogecoin Hits All-Time High As Whales Swoop Up DOGE; Here’s What Else They Are Buying

The crypto markets are extremely dynamic making it easy to get lost in analysis as tokens jostle for the top price and position. What is a token’s all-time high , for instance? The easy answer is its price but there’s so much more investors can look at. Last week, Solana’s usage hit an all-time high , as did the Bitcoin price. This week, the amount of wallets holding more than a million Dogecoin hit an all-time high. What does this mean for the Dogecoin price ? And what does this mean for other tokens, especially newer tokens like Remittix ? It’s worth taking a look. Dogecoin (DOGE): Dogecoin price holds massive promise The Dogecoin price saw an incredible uptick during ‘moonvember,’ climbing nearly 3x on the back of the Trump Pump. On-chain analytics has shown that more wallets now hold a million Dogecoin s than ever before. At the current Dogecoin price of about $0.30, that’s a wallet worth at least $300,000. That’s a massive amount of money to invest in a meme coin and this bullish market activity signals optimism that Dogecoin is going higher. Much higher. With Elon Musk now in charge of a government program named DoGE and the first trial runs of micropayments on x.com being pioneered, the future for Dogecoin looks incredibly bullish. As the year draws to a close, the Dogecoin price is still 60% below its all-time high, but considering what the next four years can bring, the Dogecoin price could easily break its all-time high before the next election cycle. But this opens the question of what else crypto whales may be interested in. Looking at Remittix, there’s a massive coin about to make a huge impact not just on the crypto market but on the TradFi markets, too. Remittix (RTX): Crypto-to-fiat gateway frees up global economy Bitcoin is a perfect system designed to replace the fiat system, but it only works as a transactional token when everyone agrees payment in Bitcoin is acceptable. This is true for all crypto, and the biggest stumbling block to crypto adoption is that it is not fully recognized as a transactional token. Remittix frees up the markets by allowing its holders to send cryptocurrency transactions to a fiat currency using over 30 currencies across the globe. A true crypto transaction in terms of speed, efficiency, and cost, but recorded as a normal fiat transaction on the recipient’s bank account. Cross-border payments can now be made through Remittix without the need for banks and their enormous delays, monstrous fees, and mountains of paperwork. Imagine what near-instant and almost costless transactions can mean for opening up economies! This is the promise of Remittix , and this brand-new token is currently in its presale phase, giving crypto investors the perfect opportunity to partake in a token that will change the world while still in its infancy. Conclusion Crypto is here to stay, and tokens that disrupt the way the world transacts will make their investors millions. Dogecoin has already done so, and the Dogecoin price is virtually assured of heading to Mars for a new all-time high . But there’s a massive amount of news regarding Remittix as this brand new crypto is poised to change the way the world concludes cross-border transactions, Remittix ’s RTX is now available during presale at $0.0156 making now an excellent time to snap up this 100x gem before it rockets through its presale. Discover the Exciting Opportunities of the Remittix (RTX) Presale Today! Website : https://app.remittix.io/ Socials : https://linktr.ee/remittix The post Addresses Holding 1 Million Dogecoin Hits All-Time High As Whales Swoop Up DOGE; Here’s What Else They Are Buying appeared first on CoinGape .

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