Analysts Explain Why Shiba Inu Price Could Fall 50% & How To Counteract The Drop

The Shiba Inu price has been trading in a consolidation phase after it reached a peak of 0.000017. Its momentum is turning bearish after the Shiba Inu price action formed a near double-top chart pattern, a popular bearish sign in the market. SHIB’s on-chain data is showing waning investor sentiment, as traders search for sustainable alternatives to mitigate potential losses. 

In this light, Remittix (RTX) is stepping up with a platform that harnesses blockchain technology to tackle real-world problems in the financial sector. As its presale progresses, Remittix is poised to claim a large share in the $190 trillion global payments space, while ensuring high-end returns for its investors.

So, can Shiba Inu survive 2025, or will Remittix usurp its market share by being the lifeline that saves investors? Let's find out!

Remittix (RTX): The Shiba Inu alternative with sustainable yet explosive potential 

As the Shiba Inu price flirts with major support zones, investors seeking more stable and fundamentally sound opportunities may find Remittix (RTX) a compelling alternative. Unlike speculative assets that depend mainly on market sentiment to fuel growth, Remittix is built on a foundation of real-world utility, targeting the $194 trillion cross-border payments market.

The Remittix PayFi protocol enables the conversion of more than 100 cryptocurrencies into fiat currencies while facilitating the transfer of funds to bank accounts worldwide, most often within a 24-hour window. It curbs hidden fees and offers a predictable alternative to old systems. 

For businesses, the Remittix (RTX) Pay API is an indispensable tool. This feature gives companies the unique ability to accept payments in cryptocurrency while settling them in fiat. This capability supports over 30 fiat currencies and 50 cryptocurrency pairs. In this way, the API offers flexibility for international operations, enabling businesses of all sizes to scale with ease.

With these innovative rollouts, Remittix is primed for exponential return, especially as Shiba Inu investors are flocking to its crypto presale.

Shiba Inu price faces strong selling pressure as a 50% drop scares investors

As the Shiba Inu price enters its bearish phase, its volume has begun to dwindle to 158,000 million. This volume is much lower than that of other popular meme coins like Dogecoin, Pepe, Official Trump, and Bonk. 

The underperformance is a result of the ongoing whale sell-off and falling burn rate. The Shiba Inu price often performs well when more tokens are being burned, as this reduces the number in circulation and boosts confidence among holders. 

Over 410 trillion tokens have been burned from the initial supply, representing a fraction of the total tokens changing hands. In addition to the falling burn rate, huge investors are beginning to sell positions to accumulate faster-growing utility projects like Remittix. 

Santiment data reports that whales have been on a selling spree since January. Their total supply stood at over 743 trillion on January 19 and has dropped to 725 trillion. This means that these investors have sold over 18 trillion tokens, a sign that they expect the Shiba Inu price to keep falling. 

SHIB’s technical analysis supports this perspective. Technical indicators like the Awesome Oscillator (AO) flashed red histogram bars. Despite this positive reading, the AO position indicates bullish momentum around SHIB is waning. 

Conclusion 

The value proposition of Remittix isn’t tied to token burns or fleeting whale sentiment but to the adoption and transaction volume of its payment platform. Moreover, the crypto emphasizes security and transparency, with its smart contract audited by BlockSAFU and a clear token allocation strategy outlined for its 1.5 billion fixed supply. 

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix