Pi Network and SHIB Losing Steam as Analysts Flock to This Fast-Rising XRP Alternative

Key Points

1. Ethereum price retraced from highs near $3,860 to around $3,700, with key support levels at $3,650 being watched by analysts.

2. Pi Network faces mounting sell-pressure, with 359 million PI tokens in exchange wallets and a 45% drop in trading volume, though bulls eye a potential rebound to $2.98.

3. Remittix is gaining attention for its real-world utility, security audits, and features like 20% referral rewards and a Q3 wallet launch, positioning it as a potential long-term investment.

4. XRP is highlighted as a replacement for SWIFT, with bullish projections suggesting it could reach $6–$8, driven by institutional interest and utility.

5. The broader market sentiment is cautious, with retail traders favoring smaller, growth-oriented altcoins over established cryptocurrencies.