Dogecoin Surges 12% Amid Whale Activity as Remittix Targets PayFi Growth
Dogecoin (DOGE) saw a significant price surge on September 21, increasing by around 12% to reach $0.095 due to intense whale activity and short liquidations.
The large holders accumulated hundreds of millions of DOGE before the move, while derivatives positioning added fuel to the fire.
This breakout momentum is often fleeting in meme-coins like DOGE, but Remittix is targeting a different source of growth: a connected financial ecosystem designed to make crypto useful for payments, trading, and portfolio management.
The company's PayFi network aims to let users pay with over 50 cryptocurrencies while settling the value into bank accounts across more than 30 fiat currencies, targeting recurring activity from remittances, contractor payments, and business settlements.