Recently, the Crypto Assets market has once again stirred up waves, and the old "joke coin" DOGE has experienced a rapid pullback, falling swiftly from a high of $0.28 to the range of $0.23 to $0.24, with a decline of 22%. Interestingly, in this market Fluctuation, an unusual phenomenon has emerged: small investors have chosen to take profits, while large investors have quietly increased their holdings.



This differentiation in investment behavior reflects the varying expectations of market participants regarding the future trend of DOGE. From a technical perspective, $0.23 has become a key support level for DOGE, and if it can hold this level, it is expected to challenge the price range above $0.26 again.

Meanwhile, the emerging crypto asset Remittix (RTX) has risen prominently in the PayFi ecosystem. RTX issued 565 million tokens at a price of $0.0842, raising over $17 million, with a remarkable increase of more than 500% this year. This impressive performance has sparked discussions among investors, with many viewing it as another investment opportunity following DOGE.

In the face of the strong momentum of new entrants, whether DOGE can maintain its leading position in the meme coin market has become the focus of investor attention. Currently, DOGE is in a technical adjustment phase, and its future trend will depend on the outcome of the game between retail investors and institutional funds.

The competition between new and old forces not only reflects the vitality of the Crypto Assets market but also showcases the rapid shifts in investor sentiment. For investors, in this ever-changing market, it is essential to remain vigilant while seizing potential investment opportunities. Whether choosing established assets or emerging tokens, it is necessary to carefully assess risks and conduct thorough market research.
DOGE0.45%
MEME2.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Share
Comment
0/400
GasFeePhobiavip
· 07-26 08:51
Retail investors haven't run yet and want to enter a position?
View OriginalReply0
AltcoinAnalystvip
· 07-26 08:50
Traditional indicators have failed, and the RSI index is unreliable.
View OriginalReply0
BlockDetectivevip
· 07-26 08:45
Doge is here to Be Played for Suckers again.
View OriginalReply0
WhaleSurfervip
· 07-26 08:26
The market makers are quietly accumulating while the retail investors are still trying to escape.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)