Remittix Sees Influx of Top Shiba Inu (SHIB) Holders Switching to the Token Called “XRP 2.0”
The post Remittix Sees Influx of Top Shiba Inu (SHIB) Holders Switching to the Token Called “XRP 2.0” appeared on BitcoinEthereumNews.com.
With Shiba Inu facing new challenges amid fierce memes competition, its whales are migrating to a PayFi altcoin named Remittix sometimes called “XRP 2.0.” In recent weeks, Shiba Inu (SHIB) dropped to $0.00001968, reflecting a 13% dip over seven days and 16% over 30 days. Much of that slump correlates with the TRUMP coin overshadowing older dog-themed tokens. Below, we’ll explore why large SHIB holders are leaving for a project that promises real-world finance solutions, and how Remittix (RTX) could reshape the crypto industry for 2025. Shiba Inu’s Struggle in the Meme Arena Shiba Inu once thrived on social media hype and towering token burns, cementing itself as a formidable dog coin. Yet that early surge has fizzled, the Shiba Inu price is now near $0.00002043, marking a 15% drop in just a week and 11% in a month. Observers point to the meme mania triggered by fresh tokens like TRUMP, which soared with unstoppable hype before overshadowing older memes. As attention moves to trendier projects, Shiba Inu (SHIB) sees a draining of volume that intensifies its price drop. Fans recall how Shiba Inu soared millions of percent from its earliest days, catapulting many small buyers into millionaires. But every meme coin rides waves of attention that can vanish swiftly once new gimmicks appear. The recent overshadowing by TRUMP highlights how unstable this market can be. If tokens can skyrocket overnight, they can also lose ground as soon as the next big thing arrives. For large SHIB holders, it’s clear that resting hopes on memes alone might be a gamble too big to stomach. The Rise of Remittix as “XRP 2.0” So, why jump to Remittix? Touted as “XRP 2.0,” Remittix (RTX) focuses on cross-border payments, a direct nod to Ripple’s early mission with XRP. However, Remittix aims to sidestep…
Filed under: News - @ January 26, 2025 12:16 pm