Dogecoin is losing its appeal as the primary meme coin to run to in a market rush following the January spike that leaves DOGE behind. As a result, the Dogecoin price prediction over the last few months has favored a rise this year that could still keep it below $0.5.
However, even this Dogecoin price prediction is already being threatened, as the price has failed to reach a high beyond $0.3 since February. However, analysts stepping into the mix for investors making a move right now are suggesting that the new Remittix token could replace DOGE in terms of spike rate.
As the Remittix token rises to the top and continues with over 7x gains already in pre-launch, analysis now suggests a spike up to 40x this year. Here is a look at how this could happen before December.
Why Dogecoin Price Prediction Could Change Further Before December
The Dogecoin price prediction has undergone significant changes multiple times already this year, as bearish sentiment continues to alter analysts’ outlook. This has led to the price prediction falling from a potential rise to $1 to a reading that now suggests a return to $0.43. A significant factor affecting the Dogecoin price prediction is the continued erosion of its dominance.
According to recent analysis, the new Dogecoin price prediction is a slight rise, slightly above $0.43. However, current price setup and market activities are showing that this new Dogecoin price prediction could even change further before November.
This outlook follows the struggle of the Dogecoin price around the $0.28 resistance, which continues to threaten a bull breakout. The current price formation is seeing the Dogecoin price attempt a new bull run. This is with the price now trading at $0.26, teasing an eventual break above the $0.28 resistance.
Remittix Flags New Bullish Outlook As Expert Teases A Potential 40x
The expert outlook on the Remittix token momentum over the last few weeks is now fueling a sentiment of a potential 40x this year. However, further analysis of the Remittix proposition and acceptance rate suggests that this projection may be more than just a sentiment. According to the expert outlook, the Remittix spike this year could be attributed to the following:
- Continuous accumulation with the beta wallet launch
- Eventually listing this year after Lbank and BitMart made an open interest to list the token
- Whale inflow on launch
However, a new factor contributing to the Remittix coin spike is the referral program, which is seeing the user base expand rapidly. The program encourages inviting new users to the project with a payout of 15% of the token bought by the referred user to the person who referred them.
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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