Dogecoin, the original meme coin, has waned prices due to reduced investor sentiment. The meme coin, which has consistently led most of the tokens in price performance in recent months, continues to face its toughest challenge amidst price slump and falling network activity. On the other hand, the Chainlink price movement has created interest among analysts and traders as the asset approaches a critical support and resistance zone, which might lead to prolonged consolidation or breakouts. Meanwhile, many investors are now betting on a PayFi token gearing up for even bigger returns in 2025. Remittix (RTX) has shown its real-world applicability as it will tackle the pricey mess of traditional remittances head-on. This has the RTX price rally by over 367% to hit $0.0694. Dogecoin Records 95% Dip In Network Activity According to Ali Martinez, Dogecoin recorded a massive 95% dip in active addresses on its network, suggesting a considerable decline in activity. Ali noted that the dip in DOGE network activity began three months ago. Meanwhile, the price of Dogecoin has declined substantially in the past few days, with a weekly dip of over 25%. Dogecoin records a dip in network activity | Source: X On February 23, it was noted that the Dogecoin network only recorded 30,815 new addresses, confirming the dip in network activity. The decrease in Dogecoin’s network activity was reflected in the DOGE price movement, which dipped from $0.4868 to around $0.1800. The bearish outlook on Dogecoin’s price and network activity has investors arguing that it is a sign of weak demand for Dogecoin. While the price of Dogecoin is currently down, a few investors expect a rebound soon. According to CryptoELITES, Dogecoin is set for a rebound, which could see the meme coin hit a new high. The analyst offered three unique price targets for the DOGE token, including $0.75, $1.5, and $5. Chainlink Price Shows TD Sequential Buy Signal Analyst Ali Martinez has identified a buying opportunity on the TD sequential indicator, which traders commonly employ to find potential reversal points. A rebound in Chainlink’s price might occur following a dipping trend based on this technical indicator. Chainlink TD sequential buy signal | Source: X The TD sequential indicator reveals selling and buying opportunities through numbered price chart signals. Currently, the indicator points to a “9,” a buying signal. The buy signal within the current crypto market conditions creates additional positivity that the Chainlink price could regain an uptrend movement. However, while the technical signal points toward a recovery, additional market factors must validate the upward trend. The Chainlink price trades above the $13 region and must also break past key resistance levels to record a significant rally, including the $15 and $16 levels. Remittix (RTX): Investors Smart Play for 2025 Remittix (RTX) is shaking up global payments with its unique PayFi system, turning crypto into cash fast and cheap. Remittix is built for real use, think of instant cross-border without the usual hassles. At just $0.0694, representing an over 362% rally, the RTX token has already raised over $13M in presale funding. Remittix also supports over 40-plus cryptos and 30-plus fiat currencies, making it the go-to for businesses and folks across the globe. Partnerships with payment providers boost its reach while tight security keeps the platform safe, making it a steady alternative to wild market swings. Its Pay API rollout allows businesses to embrace crypto payments, which can be converted into fiat currencies without volatility headaches. This is a practical edge that Dogecoin lacks. This has seen Dogecoin whales piling into the RTX’s presale. Security seals the deal for the project. BlockSAFU, SolidProof audits and a three-year team token lock encourage trust among investors. Remittix privacy is also an ace. Bank transfers hide the crypto roots, unlike Dogecoin’s loud trades. This attracts users seeking discretion, as Remittix seeks to tackle real-world finance, luring savvy Dogecoin holders. Can Remittix and LINK Outshine Dogecoin? Due to reduced investors' interest, the Dogecoin price continues to face a bearish outlook as Chainlink price movements showcase a recovery signal that could potentially lead to new highs. Meanwhile, investors continue to jump in, drawn by Remittix's practical edge and big plans, including listing on many centralized exchanges, which will improve exposure. With its presale well underway, traders still have a perfect chance to get the RTX tokens in anticipation of major returns post-listing. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
