Shiba Inu (SHIB) whales appear to be making a quiet exit. While the token has had its moments this year, such as brief rallies, minor exchange wins and a few meme-worthy spikes, on-chain data over the past two weeks tells a different story. A significant portion of large wallets holding SHIB have been moving funds to stablecoins and rotating into new, low-cap altcoins.
The standout beneficiary of this rotation?
A lesser-known project named Remittix (RTX) a real-world remittance token that’s quickly going from being an underdog in its early stage to a breakout altcoin.
SHIB’s price has been stuck in a narrow range between $0.00001193 and $0.00001243, and whale movement suggests that many aren’t expecting another explosive leg up, at least not anytime soon. And here are possible reasons:
Remittix, which recently crossed $17.9 million in funding, has seen its wallet count grow by over 45% in just ten days, according to internal metrics from its team.
Unlike Shiba Inu, which relies heavily on community sentiment and meme power, Remittix is focused on utility, specifically the global remittance industry. Here are features that set Remittix apart:
For large investors seeking to mitigate downside risk in a volatile market, these features present an attractive built-in yield, particularly in comparison to meme tokens that offer no intrinsic returns.
Shiba Inu isn’t dead; it’s just no longer the only game in town. As of today, SHIB’s price remains flat despite broader market moves, and social volume has dipped noticeably on platforms like X and Reddit. In contrast, Remittix-related discussions have climbed more than 230% week-on-week and the token is now trending across multiple crypto Telegram groups.
If momentum continues, RTX could hit its hard cap sooner than expected, with early investors potentially positioned for one of the highest-performing launches of the year.
Discover the future of PayFi with Remittix by checking out the project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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