Shiba Inu price action has shown brief signs of strength this week, but whale-driven profit-taking continues to mute rallies. While SHIB maintains its breakout structure, many holders are shifting part of their focus toward a new PayFi altcoin, Remittix (RTX), as they look for higher and more consistent upside.
Shiba Inu News: SHIB Whales Still Dominating Market Moves
Earlier in the week, Shiba Inu whales briefly boosted their holdings by $135 million, only to sell off $25 million hours later. This sudden in-and-out move kept SHIB locked near $0.00001282, with resistance levels at $0.00001352 and $0.00001473 still unbroken.
Shiba Inu Price Chart | Source: TradingView
The percent supply in profit rose from 20.8% to nearly 30% between September 4–8, reflecting renewed optimism and highlighting the temptation for whales and retail traders to secure quick gains. Analysts warn that momentum could remain weak unless SHIB breaks above $0.00001597, with downside risks toward $0.00001202.
However, the burn rate soared over 1,600% in the past day, touching billions of tokens. The current setup suggests cautious optimism, but conviction remains low until SHIB clears primary resistance levels. For now, the bullish bark remains softer than expected.
Why Shiba Inu Holders Are Looking at Remittix
While SHIB holders wait for a decisive breakout, many are hedging into Remittix, a PayFi token designed for global remittances and real-world crypto payments. The presale has already raised $25 million with 656 million tokens sold, underscoring the strong retail and institutional interest.
Remittix offers:
- 40+ crypto support for remittances
- Direct-to-bank transfers in over 30 countries
- Flat fees with no hidden FX charges
- Remittix Pay API for freelancers and businesses
- Upcoming Q3 Wallet Beta, enabling seamless global transfers with real-time FX rates
The project has also confirmed listings on BitMart and LBank, completed a Certik audit and locked liquidity for 3 years, boosting investor confidence in long-term security.
Follow the Smart Money
Shiba Inu news today shows whales still controlling short-term price moves, keeping rallies muted. While SHIB maintains a fragile bullish setup, its holders are increasingly betting on Remittix as the altcoin capable of delivering outsized returns.
With listings confirmed and PayFi adoption on the horizon, Remittix is quickly becoming a top contender for investors seeking maximum upside beyond meme coin volatility.
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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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
