Crypto
Remixpoint Dumps DOGE as ChainSpin Attracts Users with Live Product
Remixpoint, a Japanese firm listed on the stock exchange, has sold its entire Dogecoin (DOGE) position at a loss. The company exited DOGE along with Ethereum, Solana, and XRP, shifting its crypto treasury towards Bitcoin.
The sale of 2.8 million DOGE on September 1 resulted in a loss of approximately $21,000 against Remixpoint's fiscal-year opening book value. In contrast, ETH generated around $379,000 in profit, SOL added about $311,000, and XRP produced roughly $72,000.
Dogecoin is currently trading at around $0.083 after a modest recovery from the $0.080 area. The immediate technical battle lies around $0.09, which could potentially reopen resistance at $0.10 or higher.