Bitget Market Watch: Meme Coin Rally and Remittances Innovation Signal Crypto Momentum
As Bitcoin stabilizes above the $110,000 threshold, the cryptocurrency market is witnessing notable movements in both meme coins and practical blockchain applications. Dogecoin (DOGE) is maintaining a steady position at $0.212, displaying bullish chart patterns that suggest potential upward momentum. Meanwhile, Shiba Inu (SHIB) has posted a 5% weekly gain, a movement coinciding with significant whale accumulation activity. Both tokens are approaching critical resistance levels—$0.0000162 for SHIB and $0.31 for DOGE—with growing ETF speculation adding an extra layer of market volatility. Beyond the meme coin resurgence, the emerging project Remittix is gaining attention for its innovative approach to bridging cryptocurrency with cross-border remittances, representing the continued expansion of practical blockchain use cases. This dual development of speculative assets finding renewed interest alongside real-world utility projects demonstrates the maturing yet dynamic nature of the digital asset space. For traders on Bitget, these movements present both short-term trading opportunities and longer-term strategic considerations as the market continues to evolve toward greater adoption and institutional acceptance.
Meme Coin Resurgence and Emerging Trends in Crypto Remittances
Dogecoin and shiba inu show signs of renewed momentum as Bitcoin stabilizes above $110,000. Shiba Inu's 5% weekly gain aligns with whale accumulation, while Dogecoin holds steady at $0.212 amid bullish chart patterns. Both tokens face critical resistance levels—$0.0000162 for SHIB and $0.31 for DOGE—with ETF speculation adding volatility.
Beyond meme coins, Remittix emerges as a standout project bridging crypto with cross-border finance. Its focus on low-cost transfers positions it as a hedge against market uncertainty, with analysts projecting a 3,000% surge potential this September.
Mastercard Integrates Crypto as Payment Enhancement Tool, Not Disruptor
Mastercard is positioning cryptocurrency as a complementary technology rather than a revolutionary force in finance. Christian Rau, the company's Head of Crypto for Europe, emphasizes that digital assets are being woven into existing payment infrastructure through partnerships with platforms like MetaMask and Bitget. "We are not seeking to reinvent the system but to enrich it," Rau told The Big Whale, underscoring Mastercard's 50-year consistency in payment innovation.
The payments giant has developed smart contract solutions to verify non-custodial wallet balances in real-time, addressing technical complexities. Its crypto-backed cards—which automatically convert digital assets to fiat at checkout—demonstrate practical adoption. Stablecoins receive particular attention for settlement efficiency, reflecting institutional preference for less volatile crypto instruments.
Bitget Migrates 440M $BGB Token to Morph to Power Onchain Finance
Bitget has forged a strategic partnership with Morph, an EVM-based LAYER 2 solution focused on payments and consumer finance. The collaboration designates Bitget's native token, $BGB, as the governance and gas token for Morph's ecosystem. This move aims to redefine Web3 payments for over 120 million users globally.
The migration involves Bitget transferring all 440 million $BGB tokens to the Morph Foundation. Half of these tokens (220 million) have been permanently burned, while the remaining half will be gradually released at 2% per month to incentivize liquidity, ecosystem development, and education initiatives.
Morph's integration of $BGB as its settlement layer token marks a significant step in scaling decentralized finance infrastructure. The partnership leverages Bitget's exchange liquidity and Morph's Layer 2 capabilities to create a more efficient onchain payment system.
Bitget Token, Ondo, and Fartcoin Lead Crypto Rally Amid Strategic Moves
Bitget Token (BGB) surged over 10% following a strategic partnership with Morph Chain, which includes a $1 billion token burn and gradual liquidity incentives. The exchange token now eyes the 78.6% Fibonacci level at $5.36.
Ondo (ONDO) rebounded from a key Fibonacci support level, signaling potential for further gains as traders rotate capital into fundamentally strong altcoins.
Fartcoin (FARTCOIN) shows signs of a bullish reversal, with technical analysis pointing to a possible falling wedge breakout.
Crypto Market Rises Broadly Led by RWA Sector as ETH Lags
The cryptocurrency market posted broad gains on September 3, 2025, with Real World Assets (RWA) leading the charge at a 6.03% surge for the second consecutive day. Major performers included Maker, Sky, and Ondo Finance, all climbing over 7%, while Bitcoin edged up 1.51% to breach $111,000. ethereum defied the bullish trend, slipping 1.3% to hover near $4,300.
NFTs, AI, and Layer1 tokens maintained strong momentum, reflecting sustained investor interest in diversified crypto sectors. Bitget Token notably spiked 11.53% following its upgrade to the Morph public chain and a substantial token burn of 220 million units.
Cryptocurrencies Show Signs of Recovery as Market Sentiment Steadies
Bitcoin price extended its recovery, trading above $110,000 on Wednesday after recent corrections. Ethereum and Ripple followed suit, retesting key support levels before rebounding slightly. The 100-day Exponential Moving Average at $110,720 now serves as a critical level for BTC.
Bitget Token surged following its strategic partnership with Morph Chain, which plans to burn half of the 440 million BGB tokens transferred. Ondo and Fartcoin also posted double-digit gains as capital rotates toward fundamentally strong altcoins.
Dogecoin bounced off a key support level, mirroring the broader market's tentative recovery. The moves come after a week of volatility that saw Bitcoin correct nearly 5% before stabilizing.
