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
- Wait Before Buying Tron (TRX), Ruvi AI’s (RUVI) Phase 2 Is 70% Full and Its CoinMarketCap Listing Is Sending It Flying2025-07-28 22:15:54
- Stake, Earn, and Rise: 7 of the Top 10 Meme Coins That Could Skyrocket in 2025 — Arctic Pablo Leads the Charge With Game-Changing Presale2025-07-28 21:36:05
- Early Binance Coin (BNB) Made Millionaires, Now Ruvi AI’s (RUVI) Audited Token Is Tipped as the Next 100x Gem After CoinMarketCap Listing2025-07-28 21:11:43
- Ripple’s Banking License Update: Attempted Blocking2025-07-28 21:11:18
- Ripple Gains Indirect Access to Fed via These Two Powerful Channels2025-07-28 20:02:33