DOGE Whales Exit Amid Market Shift as Remittix Emerges in Payments Race

Dogecoin (DOGE) has experienced a significant downturn, with its market cap dropping by $5 billion in just seven days as large holders, or 'whales,' offloaded approximately 1 billion DOGE. The meme coin now struggles to stay above $0.18, underperforming even as the broader crypto market faces weakness. This sell-off appears driven by early investors capitalizing on historic gains, leading to a cascading effect. Meanwhile, Remittix, a payments-focused cryptocurrency, has sparked investor interest after securing $28 million in funding, positioning itself as a potential disruptor in the payments sector. As of November 2025, the crypto market remains volatile, with DOGE's future price trajectory uncertain amid shifting investor sentiment and emerging competitors like Remittix.

Dogecoin Whales Exit as Remittix Gains Momentum in Payments Sector

Dogecoin's market cap plummeted $5 billion in seven days as on-chain data reveals whale wallets unloading approximately 1 billion DOGE. The meme coin now struggles below $0.18, underperforming even against broader crypto market weakness. Early investors appear to be capitalizing on historic gains, triggering a cascading sell-off.

Meanwhile, payments-focused Remittix has ignited investor frenzy after securing $28 million in private funding. The PayFi altcoin's explosive growth contrasts sharply with Dogecoin's decline, suggesting capital rotation into utility-driven projects. Market participants now watch whether Doge can defend key support levels or continue its downward trajectory.