Shiba Inu Hits Crucial Support: Are Whales Accumulating or Pivoting to Other Trending Tokens?
Main Idea
Shiba Inu's price is testing a key support level, with traders watching for potential whale activity, while attention shifts to alternative cryptocurrencies like Remittix, which offers practical utility in cross-border payments.
Key Points
1. Shiba Inu price is trading around $0.000014, with on-chain data showing large SHIB movements into self-custody, indicating potential whale accumulation or a shift to other tokens.
2. The Shiba Inu price struggles to break past $0.000016 due to low trading volume, leading traders to explore low-cap cryptocurrencies with higher growth potential.
3. Remittix (RTX) is highlighted as a promising investment due to its focus on solving cross-border payment issues, offering fast, low-fee transfers in 30+ countries and a deflationary model.
4. Remittix is backed by a $250,000 giveaway for early supporters and has a mobile wallet launch planned for Q3 2025, positioning it as a utility-driven alternative to meme coins like SHIB.
5. While SHIB remains at a crucial support level, investors are increasingly drawn to projects like Remittix that provide real-world payment solutions and infrastructure from launch.
Description
Shiba Inu is back in the spotlight, but not for the reasons you might expect. While the Shiba Inu price hangs at a key support level, traders are watching closely for signs of a big move. Whales have been shifting billions of SHIB into self-custody, sparking speculation: are they gearing up for a rally, or quietly pivoting to other tokens? With meme coins cooling off and utility tokens heating up, many are now asking a new question: what’s the best crypto to invest in as August approaches? Shiba...
Latest News
- $2,000 Invested in Ripple (XRP) Once Made Over $200,000: 4 Coins Under $1 That Can Pull This Off In This Bull Run2025-07-28 15:50:29
- Big Cardano Whales On ADA Buying Spree. They Foresee Big Breakout to $12025-07-28 15:30:20
- Hoskinson to ADA and XRP Holders: Be Ready for the Largest Airdrop Ever2025-07-28 15:27:31
- Finance Expert: XRP Doesn’t Need to be Backed By Gold, It Just Needs to Move It2025-07-28 14:40:20
- Legendary Trader Peter Brandt Thinks XLM Could Become a Rock Star2025-07-28 14:37:10