Remixpoint Sells 2.8M Dogecoin (DOGE) at $21,000 Loss in Bitcoin Pivot
Japan-listed Remixpoint sold 2.8M Dogecoin at a $21,000 loss, banking $742K on ETH, SOL and XRP as it pivots to a bitcoin-only treasury of 1,506 BTC.
AI SummaryAI
- Remixpoint sold 2.8 million DOGE for about $234,000 on Sept. 1.
- The Dogecoin sale booked a roughly $21,000 loss versus fiscal-year opening value.
- Remixpoint's four altcoin exits produced a combined gain near $742,000.
- Remixpoint retains about 1,506 BTC worth over $115 million as its only crypto.
Remixpoint Exits DOGE at a Loss
Japan-listed Remixpoint closed out its altcoin book on Sept. 1 with a profit — except on Dogecoin (DOGE), the one position that lost money. Per the company's investor-relations disclosure, Remixpoint sold 2.8 million DOGE for roughly $234,000, about $21,000 below the value the token carried on its books when the current fiscal year opened. The same-day disposals of ether, solana and XRP, by contrast, generated gains of $379,000, $311,000 and approximately $72,000 respectively, leaving the Japanese firm with a net gain of about $742,000 across the four positions. Management said the sale of the largest memecoin and its three peers followed a review of market conditions and each asset's risk-return profile, and that the company will now concentrate its cryptocurrency holdings in bitcoin. Remixpoint retains roughly 1,506 BTC — worth more than $115 million at recent prices — as its only remaining digital asset. Notably, the loss is measured against fiscal-year opening book value rather than original purchase cost. The decision to cut DOGE stands out in a market where the token carries unusual Japanese pedigree: it has traded on registered domestic exchanges since 2022, and the Japan Virtual and Crypto Assets Exchange Association, the industry's self-regulatory body, began publishing an official DOGE/JPY reference price this year alongside bitcoin, ether, XRP and solana. The exit also echoes a broader unwind of corporate altcoin treasuries, after CleanCore liquidated 463 million DOGE to fund AI data centers.
Buyers Defend the $0.080-$0.082 Zone
On the chart, the treasury sale lands while Dogecoin market coverage is focused on a make-or-break support test. After rallying from roughly $0.070 in late August and peaking near $0.095, DOGE ran into firm rejection at the 200-day EMA around $0.0945 — a signal the broader trend has not fully flipped in buyers' favor, as we flagged when DOGE lost the 100-day EMA at $0.0816. Price has since settled into the $0.080-$0.082 band, where the 100-day EMA near $0.0816 and a short-term moving average around $0.0806 converge into a dense support cluster; the most recent candles show buyers actively defending it. The RSI, which had pushed into overbought territory during the rally, has cooled to about 55 — enough to drain speculative excess without flipping the structure into a bear market condition. If $0.080 holds, the first recovery objectives sit at $0.086 and $0.090, followed by another attempt at the $0.094-$0.095 supply zone. A daily close below $0.080, however, would expose the 50-day EMA near $0.075 and put $0.070 back in play. Live pricing on the DOGE/USDT chart keeps the token pinned inside that decision zone, and readers weighing an entry can consult our guide on how to buy Dogecoin. Readers tracking the market in real time can follow live spot and futures prices on Bybit.
$0.0822 Support in Focus
COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $0.0822 support at 88/100 (STRONG), driven by the confluence of a high-volume node, the daily pivot point and the 0.382 Fibonacci retracement — DOGE changes hands at $0.0829, up 1.51% in 24 hours, right on top of that floor. Overhead, the engine scores the $0.0871 resistance at 74/100 (ATR Upper band, the 200-day EMA/SMA cluster, Fibo 0.618), with a secondary shelf at $0.0831 rated 71/100 (Fibo 0.500, Ichimoku Kijun). Momentum is mixed — RSI at 54.8 and a bearish MACD in a sideways trend. Perpetual futures positioning skews crowded-long: funding at 0.0059%, open interest of $415.5 million and a long/short account ratio of 2.84 (74% long), while the Fear & Greed Index reads 65 (Greed). The bullish case requires holding $0.0822 and rotating toward $0.0871; a break below it invalidates that thesis and targets the $0.0752 support, scored 69/100.
Related Tags

AI-generated, AI-reviewed, under COINOTAG editorial oversight.


