Analysts Dismiss Sky‑High DOGE Targets as Utility Models Spotlight Shortfall

Analysts are increasingly skeptical of extreme Dogecoin (DOGE) price forecasts, arguing that utility‑driven valuation models expose a gap between meme‑based price targets and DOGE’s real economic function. Technical setups keep DOGE trading near $0.13–$0.15, where a break below $0.13 could push prices toward $0.11–$0.12, while upside scenarios depend largely on speculative cycles rather than sustained demand. Experts note DOGE lacks core utility — it isn’t a smart‑contract hub, a primary DeFi settlement layer, nor a leading cross‑border payment rail — so long‑term appreciation would require meaningful real‑world adoption. The article contrasts DOGE with Remittix (RTX), a payments‑focused project that has raised $28.5m, sold 693 million RTX at $0.119, launched a mobile wallet, passed a CertiK audit with an 80.09 Skynet score (Grade A), and secured listings on BitMart and LBank. Remittix is developing a crypto‑to‑fiat web app to connect crypto balances to bank rails, positioning itself as a utility coin that could attract organic demand from remittances. For traders, the takeaway is to weigh fundamentals: meme coins like DOGE remain vulnerable to sentiment and hype, while payment‑oriented tokens with demonstrable products and exchange liquidity (e.g., RTX) may offer more defensible medium‑ to long‑term value if adoption follows the roadmap.