Dogecoin Eyes $1 as ETF Hype and Institutional Cash Flood In—But Can It Dodge the $0.07 Reality Check?
Dogecoin’s price rally is getting a turbocharge from two unlikely bedfellows: ETF speculation and institutional demand. Meme coin purists scoff, but the numbers don’t lie—DOGE is flirting with territory that could send it past the psychological $1 barrier.
Yet lurking beneath the hype is a stubborn resistance level at $0.07, a threshold that’s crushed bullish dreams before. Will this time be different, or is DOGE just another asset inflated by Wall Street’s sudden fascination with ’digital collectibles’? Spoiler: the smart money’s already taking profits.
Dogecoin ETF rumors push DOGE towards $1
Dogecoin is doing what Dogecoin does best: making noise, stirring up markets, and forcing people to take it seriously all over again. It started with the SEC this month. They formally acknowledged the spot ETF application from 21Shares, kicking off a 240-day countdown that ends in January 2026. Prediction markets now put the probability of a DOGE ETF in 2025 at 66%.
Institutions are paying attention too. The same day the SEC’s acknowledgment was announced, futures open interest jumped 70% to $1.65 billion. Meanwhile, funds like 21Shares and Bitwise are pushing for physically backed ETFs with low fees and serious liquidity.
Meanwhile, the dogecoin Foundation is continuing to build. Dogebox, its relatively new infrastructure project, aims to onboard one million small businesses by helping them self-host DOGE payments. As for DeFi moves, DogeOS just raised $6.9 million to expand Dogecoin’s on-chain utility.
Source: CoinGecko
Things are certainly looking up for DOGE and its investors. Dogecoin’s price is up over 25% in the past two weeks at $0.22 right now, with short-to-medium-term targets set for December 2024’s highs of $0.46. However, if a DOGE ETF is approved, the Dogecoin price could enter a parabolic run and break all the way through $1.
Remittix steps up as DOGE’s quiet rival
Dogecoin might be about to 4x this year, but can it beat Remittix’s potential?
Remittix is coming after the $194 trillion cross-border payments market and doing it with crypto at its core. The idea’s simple: Let users convert over 40 different cryptocurrencies into fiat, andsend that money straight to any bank account in the world, all without middlemen or hidden fees. Just pay a flat fee and the recipient gets exactly what’s sent without ever knowing it originated from crypto.
That simplicity is the hook. Remittix lets people MOVE money globally using crypto, whether it’s freelancers getting paid, users sending money back home, or international firms looking for fast settlements.
Remittix is business-ready too. The Remittix Pay API makes it easy to accept crypto payments and settle in any of 30+ fiat currencies. Merchant accounts give full control over how funds are cashed out in an easy-to-use dashboard, with over 50 crypto pairs making it flexible for different markets and users.
Even better, Remittix is just getting started. The project’s smart contract has been audited by SolidProof, passed without issue, and its presale is now active. It’s raised over $15 million so far, currently priced at $0.0757, plus has a $250k giveaway running.
If DOGE’s institutional adoption and recognition by regulators is any sign, crypto isn’t going anywhere anytime soon. Its role in global payments is only growing, and Remittix has a huge market to sink its teeth into. At a rock-bottom $0.0757, it’s easy to imagine a 10x, maybe even 50x, this year.
DOGE vs RTX: The race is on
Dogecoin’s prospective 4x+ gains look compelling, but Remittix’s real-world utility and presale traction point to something much greater brewing under the surface. The current presale stage has less than 10% of tokens left before prices rise to $0.0781; consider loading up before they sell out.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
