Since both Dogecoin (DOGE) and Cardano (ADA) are posting minor price appreciation, most traders are still cautious to re-enter the market. Despite recent price appreciation, investor wariness remains fueled by skepticism towards long-term upside and saturation.

Meanwhile, there's a new star in the altcoin world that's causing serious interest. Remittix (RTX)—a use-case-based cryptocurrency with real-world utility—is seeing increased volume and early investment, and now analysts are calling it one of the most promising projects of the year.

Dogecoin Price Soars, but Investors are Cautious

Dogecoin (DOGE) is currently priced at $0.1828, 7.41% higher. Its market cap is $27.17 billion, and its trading volume is a whopping 111.95% higher at $1.16 billion.

Source: Tradingview

Despite the …