While the crypto market reels from sharp corrections, one project, Remittix (RTX), is climbing the ranks with real product milestones and fresh capital inflows. But what about the biggest meme coin on Ethereum? Shiba Inu coin has dropped again today, testing crucial levels that could either trigger a rebound or spark another leg down.
Shiba Inu Coin Holds Critical Technical Levels
Recently, the price of the Shiba Inu coin decreased to the level of 0.000013 dollars, falling by 2 percent in one day, and the volume fell to 550 million dollars. This is down 15 percent off its July 21 high, much of which has been driven by general market profit-taking.
Analysts reports that whale wallets now hold over 108.19 billion SHIB, up 2% since July 17. Smart money accounts have also increased exposure to over 6.17 billion coins, indicating long-term conviction. Supply is shifting too. Exchange-held tokens dropped to 277 trillion SHIB, while the burn rate surged nearly 50% in 24 hours to over 5.57 million tokens destroyed.
These developments reinforce the view that SHIB may be prepping for a bounce if market sentiment stabilizes. While these metrics suggest potential upside, some traders are diversifying into projects with real-world use cases and less reliance on hype-driven momentum.
Remittix Surge: Why Traders Are Calling It the Smart Move
Remittix is rapidly emerging as the breakout altcoin of 2025, already raising over $17 million and selling 570 million+ tokens at $0.0842. Unlike many meme tokens, Remittix is building tangible solutions starting with its wallet beta launching on September 15, 2025.
Key reasons investors are flocking to Remittix:
- Wallet Beta Launch: Fully functional crypto wallet set for Q3
- PayFi Revolution: Send crypto globally while recipients receive fiat seamlessly
- Business Tools: Perfect for freelancers and global teams
- Strong Momentum: $17M+ raised proves serious investor interest
- Audited & Trusted: Smart contract verified for security
With its focus on utility and payments, Remittix is positioning itself as a top Ethereum-based project and many consider it the better long-term play compared to meme tokens.
Final Take: SHIB Faces Pressure, RTX Rides Momentum
Shiba Inu coin may still recover if bullish patterns play out, but its future depends on holding key technical levels. Meanwhile, Remittix is not just promising future growth it’s actively building toward it with products, community traction and a wallet launch that could reshape cross-border crypto payments.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/ Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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