BitMart Exchange Lists ’XRP Slayer’ Remittix as Shiba Inu Whales Shift to Utility Tokens
Shiba Inu coin's recent price stagnation, despite a spike in whale activity and a 3,400% surge in burn rate, has traders seeking alternatives. SHIB dipped below its 200-day moving average to $0.000012, with technical indicators presenting a mixed outlook. Analysts note a potential 150–180% upside from a falling wedge breakout, but momentum remains fragile.
Attention is pivoting to projects like Remittix, dubbed the 'XRP slayer,' which combines utility with market traction. Priced at $0.0969, Remittix has raised over $20 million, secured a BitMart listing, and is launching a Q3 wallet beta alongside a $250,000 giveaway. Its focus on the $19 trillion global payments industry contrasts sharply with meme-driven assets.
Whales are increasingly favoring tokens with real-world use cases, signaling a broader shift toward functional crypto ecosystems over speculative plays.