The SHIB price has been a major concern for the last few weeks, falling about 27% in 30 days and more than 59% in a 90-day outlook. Could the market be seeing a shift from this top meme coin pick to another asset? This question critically analyzes the SHIB price drop in the last few weeks. However, the Shiba Inu whale tracking shows that investors might be moving elsewhere lately, but where might that be?
Many analysts have been pointing to a new PayFi solution as a threat to the top altcoins lately. Why and how can a new project continue threatening old market players like Shiba Inu in the last few months? Here is an analysis of the SHIB price lately and how the PayFi move poses a bigger threat.
SHIB Price Continues Downward After Memecoin Boom
2025 opened with a strong meme coin boom, most of which was primarily influenced by Trump’s return to the white house. However, the meme coin boom seems to have jumped over Shiba Inu as its price continues to fall further, hitting a low that was last seen 8 months ago. While many investors remained optimistic about a potential recovery soon, the continuous price drop has only raged on.
The SHIB price is currently around $0.00001193, trading below all major supports across time frames and showing a perfect downtrend on the daily chart. The recent sharp drop in the SHIB price shows investors’ exhaustion, hinting at a move elsewhere. This new development could signal a major whale exhaustion that could trigger further panic with the Shiba Inu coin.
While analysts remain hopeful of a potential correction from the general altcoin drawdown, most investors are giving up on the SHIB price. This is emphasized more by the drastic drop in trading activities in Shibarium. The Shibarium report shows a 99% drop in trading activities and a near-zero engagement with the layer two platform. This could have a big impact on the SHIB price recovery potential.
Is Remittix The Next Payment Solution?
While the Remittix token continues to another phase in the presale round, attention to this new token has recently taken a new high. One primary theory is that this new token could become the next name to hold dearly for its innovative solution with crypto payment. The Remittix innovation in crypto payment makes sending money across the world just a few clicks away and it’s delivered at the lowest conversion rate and with instant delivery.
With this new solution, businesses can now confidently start accepting crypto payments, as the Remittix solution has a smooth API that makes receiving FIAT from crypto easy. This makes Remittix a focus that is spreading its name like wildfire across the crypto investment landscape. Remittix is projected to be the solution that grows with the crypto market once it fully hits it. Analysts are projecting a potential 50x after the Remittix token launches across top crypto centralized exchange (CEX) and decentralized exchange (DEX).
However, investors joining the Remittix presale at this current stage of the ICO could earn up to 4x before the end of the presale. This means investors can earn with the presale and up to 50x after the presale. However, the presale price could make all the difference in investors’ profit potential. Now is the time to get the best price to increase your profit margin with this new token as it closes in on an official launch in the crypto market.
Check the official Remittix website for steps to buy the Remittix token. You can also use the links below for a quick start.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
