Truth Social, a social media platform backed by the United States President Donald Trump, has filed for a spot Bitcoin (BTC) exchange-traded fund (ETF) with the U.S. SEC. According to a recent SEC filing, the Truth Social seeks to list and trade shares of the Truth Social Bitcoin ETF on the NYSE Arca Exchange.
The Truth Social Bitcoin ETF will be managed by Foris DAX Trust Company, LLC, whereby investors will only be allowed cash settlement. The filing of the Truth Social Bitcoin ETF follows a recent move by the Trump Media and Technology Group to raise $2.5B to implement a Bitcoin treasury management plan.
Truth Social Affirms High Bitcoin Demand from Institutional Investors
The filing of the Truth Social Bitcoin ETF aligns with the cryptocurrency agenda of the U.S. President Donald Trump. Furthermore, the Trump Organization and the Official Trump Meme ($TRUMP) have played a crucial role in the mainstream adoption of digital assets.
The overall demand for Bitcoin by institutional investors as a hedge against inflation and macroeconomic uncertainty remains high. According to market data analysis from BitcoinTreasuries, 223 entities now hold more than 3.39 million BTCs as part of their treasury management strategy.
Is BTC Price Ready to Moon?
As Coinpedia reported, the rising demand for Bitcoin from institutional investors has helped increase bullish sentiment. The recent weekly rebound from a crucial support/resistance level around $104k is a clear indication that BTC price is preparing for a fresh rally towards a new all-time high.
However, a consistent close below $103,336 in the coming days will further delay an anticipated parabolic rally.
With crypto markets on the rise, investors are looking for their next big move. Dogecoin (DOGE), the original meme coin, shows new resilience and potential for a breakout to $0.25. Remittix (RTX), a utility cryptocurrency, is gaining traction rapidly at a much lower entry point of $0.0781. But which one of these has more upside potential for 2025?
Let’s break down both opportunities and see which could pay out more.
Remittix (RTX): Real-World Use With Explosive Growth Potential
Remittix (RTX) is quickly becoming one of the best altcoin investment choices for serious investors. At $0.0781, RTX presents a compelling value proposition: it connects crypto and traditional finance seamlessly, enabling users to transfer BTC, ETH, or XRP to regular bank accounts as fiat in minutes. It’s revolutionary utility ready to break into a $190 trillion global payments market.
Early demand has been solid, with over 538 million tokens bought and more than $15.3 million collected. As a fresh alternative to hype tokens, Remittix is breaking ground on a highly desirable solution: cheap, efficient global remittances. It’s drawing comparisons with pre-stage Ripple (XRP) and Stellar (XLM), but specialists believe that RTX could take its real-world adoption further faster.
As crypto transitions to widespread adoption, Remittix is positioned well. Existing options are plodding and rigid, meaning RTX is well on its way to lead in short order. According to many experts, it has a good shot at entering the top 10 cryptocurrencies by market cap during the next bull cycle.
If RTX continues to move forward at its projected pace, today’s bargain price may be a historic one.
Dogecoin (DOGE): Whale Action and Bullish Charts
Dogecoin remains one of the most recognized cryptocurrencies, and the latest trends point to bullish momentum ahead.
On May 20, a Dogecoin whale moved over $92 million worth of DOGE (260 million coins) from Robinhood into an unknown wallet as a sign of long-term accumulation. The wallet is now one of the largest on the network, a signal of growing institutional interest.
Meanwhile, the technical charts indicate several bullish trends. According to analysts like TATrader_Alan, DOGE price has penetrated its neckline at $0.185 and is forming an inverted head-and-shoulders trend. Analysts expect a breakout to $0.27, and some see the $0.42–$0.43 supply zone.
Derivative data reinforces this expectation. Futures open interest stands at $2.7 billion, and liquidation imbalances show short positions being squeezed, showing strong bullish pressure.
But it’s worth noting that DOGE price is already at $0.23, and therefore, compared to lower-priced alternatives like Remittix, there is less room to 2x or 3x from this point.
Dogecoin enjoys name recognition, celebrity endorsement (thanks to Elon Musk), and widespread recognition. But it has no use outside of speculation trading and tipping. Most recent rallies have depended heavily on sentiment, widely correlated with larger market moves or whale behavior.
Remittix, on the other hand, is becoming increasingly popular due to its utility rather than hype. It solves a humongous pain point—crypto-to-fiat payments across borders—and does more efficiently than the competition. Its growth curve is following the early traction seen in Ripple and Stellar, but appears to be scaling even more rapidly.
With DOGE near its local highs and Remittix in the early stage of its cycle, risk-to-reward favors RTX for investors seeking higher possible returns.
Conclusion
Dogecoin can hit $0.27 or even $0.43 with consistent momentum, but its downside is limited by how much further it’s already traveled. Remittix, at a bargain $0.0781, has plenty more room to move exponentially, especially with over $15.3M raised, 538 M+ tokens sold, and strong real-world demand. For those desiring the bigger payday in 2025, Remittix (RTX) may well be the better value.
Discover the future of PayFi with Remittix by checking out their presale here:
The post Buying Dogecoin (DOGE) At $0.25 or Buying Remittix (RTX) At $0.07 – Which Will Be the Bigger Payday? appeared first on Coinpedia Fintech News
With crypto markets on the rise, investors are looking for their next big move. Dogecoin (DOGE), the original meme coin, shows new resilience and potential for a breakout to $0.25. Remittix (RTX), a utility cryptocurrency, is gaining traction rapidly at a much lower entry point of $0.0781. But which one of these has more upside …
Ripple’s XRP has gained 3% in the last 24 hours, riding the wave of renewed optimism in the broader cryptocurrency market.
While the increase may appear modest, underlying technical indicators suggest the XRP token rally has more room to run. This analysis holds the details.
XRP Clears Key Resistance—Technical Indicators Point to More Upside
XRP has successfully broken above a descending trendline, overcoming a key resistance level that had capped its upside since the end of April. This move signals a trend reversal and puts XRP in a favorable position for further gains.
Readings from XRP’s Relative Strength Index (RSI) support this bullish outlook. At press time, the momentum indicator is at 54.11, noting a steady uptick.
The RSI indicator gauges whether an asset is overbought or oversold. It ranges from 0 to 100, with readings above 70 typically signaling overbought conditions and a potential price decline. Conversely, values below 30 suggest the asset is oversold and may be due for a rebound.
At 54.11 and climbing, XRP’s RSI indicates that buying pressure is strengthening. It also hints at the likelihood of more gains before the token becomes overbought.
Likewise, XRP’s Balance of Power (BoP) returns a positive value at press time, highlighting the bullish bias toward the altcoin. It currently stands at 0.86.
The BoP indicator measures the strength of buying versus selling pressure in an asset’s market. When it climbs this way, buyers dominate the spot markets. This indicates a potential bullish trend for the XRP token and suggests its upward momentum could continue.
XRP Bulls Eye $2.50 After Breakout
XRP rests solidly above the descending trend line at $2.21. If demand strengthens and the breakout sees more bullish momentum, it could drive the token’s price past the resistance at $2.29.
A successful breach of this price level could drive XRP to $2.50.
Mayer Mizrachi, Mayor of Panama’s capital city, recently discussed Bitcoin’s positive transformative impacts on his country at a major conference. He proposed accepting BTC payments as fare to use the Panama Canal among other growth strategies.
Ultimately, one mayor’s office isn’t capable of transforming a nation’s economic prospects alone. However, Mizrachi demonstrated concrete ways that small acts of Bitcoin adoption can build on each other.
However, Mayer Mizrachi, the mayor of Panama City, has been attempting to innovate once again. Much like El Salvador, Panama is a nation that uses the US dollar as its legal tender. Mizrachi detailed a new approach to changing that:
“What we created was a roadmap for how cities can embrace Bitcoin regardless of national law. You can build the building blocks, so the central government can copy what you’re doing after it’s proven. 70% of [Panama’s] GDP is in my city. Whatever my city does, it makes waves around the country,” Mizrachi claimed.
Mizrachi talked about his initial plan to accept Bitcoin for municipal tax payments. In some ways, this strategy had major limits, as the city was required to exchange all this BTC for USD. This has been a springboard for Panama’s largest banks needing to deal in Bitcoin.
Already, Mizrachi has advised other mayors in the region how they can start similar initiatives. This limited project was an easy way to transform Panama’s entire Bitcoin ecosystem from the limitations of one mayor’s office.
Still, Mizrachi acknowledged that comprehensive adoption will require much more political buy-in. He commented that BTC could hypothetically be used to accept fare payments through the Panama Canal, but the US might object to this plan.
In other words, Panama’s BTC integration relies on one key factor: an active DeFi ecosystem. Mizrachi praised Nayib Bukele, who transformed El Salvador into one of the world’s largest Bitcoin holders.
That is to say, Panama City’s mayor doesn’t have the power to change Bitcoin’s position on his own. However, Mizrachi sees his work as proof of concept.
He detailed the economic opportunities that crypto can bring to Central America and reminded us that a better future is possible. Dedicated advocates can create powerful change with smaller actions.