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Solana & Dogecoin Tumble—But This New Crypto Is Saving Investors From Wipeout

Solana & Dogecoin Tumble—But This New Crypto Is Saving Investors From Wipeout

Published:
2025-08-02 21:00:42
24
2

Blood in the streets as SOL and DOGE take a nosedive—meanwhile, an underdog token quietly mops up the losses.

Here's what's happening while Wall Street 'experts' scramble to explain the volatility they swore wasn't possible.

The Contender Emerges: How [New Crypto] Defies the Downturn

No white papers, no empty promises—just a protocol actually delivering gains while the 'blue chips' crumble. (Funny how that works.)

Bottom line: When the crypto casino floor shakes, smart money doesn't hide—it migrates. The only question is whether you'll follow or keep praying to Elon's next tweet.

Solana’s Sharp Decline Tests $170 Support

Solana’s price dropped 9.5 % over 24 hours on August 1, tumbling from around $200 to NEAR $181 after new U.S. tariffs rattled markets. That move erased most of Solana’s gains from mid-July and tested critical support at $166. On-chain, daily transactions dipped 14 % as traders rotated out of high-throughput chains.

Charts show SOL forming a descending channel, with a close below $170 opening a path to $156. Conversely, reclaiming $200 could ignite a relief rally if broader sentiment improves.

Dogecoin Dips Despite Community Hype

Dogecoin fell 10 % alongside XRP and solana as long liquidations piled up during last week’s altcoin downturn. DOGE slumped from $0.22 to $0.198, breaching its 50-day moving average and pushing RSI into oversold territory. Active addresses dropped from 420,000 to 385,000, indicating lower network engagement.

Some traders view sub-$0.20 levels as buying opportunities, but with Dogecoin’s path to $0.25 requiring renewed volume, many are hedging into tokens with clearer utility narratives.

Remittix’s Utility-Driven Surge

Remittix (RTX) is carving out an alternative to pure-play altcoins. RTX has jumped 484 % since mid-June, fueled by over $28 million in cross-border pilot transfers in Ghana and Kenya and a $250 000 community giveaway that drove a 420 % spike in wallet sign-ups. CertiK-audited contracts and a Q3 2025 wallet beta launch supporting 40 + assets with real-time FX conversion have won institutional interest.

Here’s why Remittix stands out:

  • Solving a real-world $19 trillion payments problem
  • Direct crypto-to-bank transfers in 30+ countries
  • Deflationary tokenomics designed for long-term value
  • $250 000 community giveaway driving grassroots growth
  • Q3 2025 wallet beta launch with real-time FX conversion

Those milestones underscore RTX’s appeal as a hedge against Solana’s and Dogecoin’s volatility. Network effects from the giveaway and the imminent wallet beta could drive RTX toward 50x gains, making it a strong contender under the Cardano price prediction umbrella.

Diversify with Real-World Payments

Solana’s tariff-driven sell-off and Dogecoin’s meme-coin correction highlight the risks of hypothesis-driven trades. Remittix offers a different proposition: live payment corridors, audited infrastructure, and a major community incentive program.

Allocating a slice of capital to Remittix alongside Core holdings could balance speculative pressure with tangible utility, potentially rescuing portfolios when top-10 tokens stumble.

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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