Dogecoin is facing renewed headwinds as price action continues to stall, even while broader trading activity sees an uptick.

The meme coin is currently priced at $0.21766, down over 1.3% in the last 24 hours. 

Despite elevated trading volume, Dogecoin’s price remains range-bound, while attention is rapidly shifting toward newer assets, such as Remittix (RTX), which are showing clearer upside potential.

Data from CoinGlass reveals a notable asymmetry in recent Dogecoin liquidations.

Dogecoin long positions lost over $320,000 as short traders remained unharmed. ‘

This indicates that bulls are being squeezed but not bears yet, which points to a period of consolidation and not a sharp correction.

The current Dogecoin price drop from $0.2207 to $0.2143 may represent a capitulation by weaker hands.

Historically, such one-sided liquidations often precede short-term rebounds.

Analysts argue that the continued absence of short liquidations could mean downside pressure is losing steam.

However, the price has yet to show convincing momentum.

Despite trading volume spiking nearly 36% to $2.16 billion, Dogecoin remains trapped below its daily resistance range, creating a standstill for bullish traders.

Momentum watchers are now focusing on potential “god candle” events.

Compared to Dogecoin’s current stagnation, Remittix is gaining strong momentum ahead of major catalysts.

The PayFi protocol is built to enable crypto-to-bank transfers across more than 30 countries, targeting underserved markets and enabling seamless cross-border payments.

The project has already raised over $24,5 million, sold more than 651 million tokens, and currently trades at $0.1050.

Here is why Remittix is dominating investor interest:

Dogecoin’s current price action and lack of near-future drivers are forcing traders to re-evaluate their stakes.

While long-term bulls still expect a breakout, the situation at present is a timely reminder to explore newer avenues. 

For those seeking structured momentum and meaningful use cases, Remittix is proving to be a compelling alternative.

With confirmed listings, a working roadmap and a massive payment market to disrupt, RTX is quickly becoming the standout asset for traders looking for the best crypto to buy today with realistic 20x upside potential.

Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/ 

 Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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