The Shiba Inu price has struggled, falling by 3.46% to $0.00001225 after fresh sell-offs rattled the 3 its market capitalization slipping to $7.21 billion and 24-hour trading volume down by over 12%, the bearish trend has many Shiba Inu investors looking for 4 a result, some early Shiba Inu holders are finding refuge in Remittix , which has quickly gained momentum as a leading PayFi project bridging the gap between crypto and traditional financial 5 Inu Faces Multiple Challenges: Will Price Finally Breakdown? The recent price action of Shiba Inu reflects mounting concerns within its ecosystem. SHIB’s daily burn rate collapsed by nearly 99%, leading to a loss in its deflationary appeal.
Additionally, Shiba Inu’s network activity fell by 22%, with daily transactions dropping to 3.65 6 liquidation of $111,840 worth of long positions in a single hour only added fuel to the bearish fire, triggering panic selling across the 7 Shiba Inu price technicals suggest continued 8 MACD histogram turned negative and the RSI at 39 shows the asset is under significant bearish 9 Early Shiba Inu Holders Are Shifting Toward Remittix On a brighter side, early Shiba Inu holders are finding new hope in Remittix , which is seeing impressive 10 at $0.1000, with over $22,3 million raised and 630 million tokens sold, Remittix is gaining significant traction in the crypto 11 project’s focus on PayFi, bridging crypto and fiat for seamless global transactions, makes it stand out from many other speculative assets in the 12 are gravitating toward Remittix not just for its tokenomics, but because it addresses a $19 trillion global payments 13 offering fast, transparent and cost-effective cross-border payment solutions, Remittix has captured the attention of both retail and institutional 14 Remittix Could Be The Best Investment This Year Real-World Utility: Send crypto and have it settle as fiat directly into bank accounts across 30+ 15 Progress: Wallet beta launching in September, showing immediate use cases for 16 & Freelancer Integration: API allowing businesses to accept crypto payments and settle in 17 & Transparency: CertiK audit completed, liquidity locked for 3 years and governance shifting to the 18 Listings: First CEX listing secured on BitMart, with a second listing now confirmed after crossing the $22M 19 Road Ahead: Why Remittix Is Gaining Momentum The challenges Shiba Inu faces have prompted some investors to reconsider their positions, especially as Remittix gains ground with a clear utility-driven 20 global financial systems continue to evolve and blockchain solutions become more widely adopted, Remittix has the potential to become a major player in the payments 21 the future of PayFi with Remittix by checking out their project here: Website: 0 1 $250K Giveaway: 2 Disclaimer: This is a sponsored press release for informational purposes 22 does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial 23 Tabloid is not responsible for any financial losses.
Story Tags

Latest news and analysis from TimesTabloid


