The recent remark from Elon Musk that he is “not promoting cryptocurrencies” have therefore revived the question about the future of Dogecoin.
For a long period, Musk’s tweets and interviews have been driving short-term surges in the price of DOGE.
Without that influence, some investors are now questioning whether Dogecoin will be able to keep growing on the basis of its fundamental and network use alone. Meanwhile, new DeFi entrants such as Remittix (RTX), trading at $0.1166, are seen favorably because they can boast real-world utility rather than hyped momentum.
Dogecoin Price Dips as Sentiment Shifts
Dogecoin is currently selling at $0.1684 following a significant loss of about 5.08% in the last 24hours with a market capitalization of $26.41 billion.
Some believe the DOGE ETF discussions could bring fresh attention to the token, although for others, Dogecoin must now show it can grow independently of celebrity influence. The coin’s expanding use in payments, from online retailers to tipping platforms, remains a positive, but analysts say the coin may need fresh catalysts to reignite large-scale investor enthusiasm.
Remittix: Real-World Utility Driving Demand
After obtaining venture capital for its crypto-to-fiat PayFi program, which connects digital assets to physical banking systems, Remittix is positioned to be one of the leading DeFi ventures in 2025. By selling over 683.2 million tokens, the project has already raised $27.9 million in private finance, demonstrating strong investor demand.
More recently, the Remittix team established their trust in blockchain security by completing CertiK verification and ranking #1 for pre-launch tokens. The company is now expanding Wallet Beta Testing to iOS users, further firming up its product rollout ahead of wider adoption.
Further propelling this momentum, Remittix initiated a $250,000 community giveaway and reinstated its 50% Token Bonus with the promotional code RTX50, accessible through the website of Remittix. These efforts have been fuelling the excitement as it approaches the $30 million mark, expected to unlock information on several CEX partnerships.
Additionally, Remittix crypto-to-fiat payment solution is set to be unlocked as the project approaches the $30 million mark.
Why Remittix Is Capturing Attention
- Direct crypto-to-bank payments in over 30 countries
- Ranked #1 pre-launch project by CertiK
- $27.9 Million raised from private funding
- Expanding Wallet Beta Testing
- Active $250,000 community giveaway
Searching for the Next Big Driver
Dogecoin will need to rely on natural adoption and technological advancement to stay relevant in the absence of Musk’s consistent support. At the same time, projects like Remittix highlight how the industry is shifting toward crypto with real-world purpose bridging the gap between digital assets and traditional finance.
As Dogecoin searches for a new spark, Remittix’s momentum suggests that the next big wave of investor interest may be found where utility meets accessibility.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Source: https://coindoo.com/does-dogecoin-need-a-new-catalyst-as-elon-musk-says-hes-not-promoting-cryptocurrencies/
