Shiba Inu Price Soars But Is It Just A Relief Rally – Can It Sustain The Upward Move Like RTX?

Shiba Inu followed the meme coin crowd with a strong rally, jumping about 25% in the last 30 days. But this surge feels more like a relief rally, as momentum appears to be slowing down.

Meanwhile, Remittix (RTX) is killing it in the presale, boasting a massive 400% price increase and nearly $15 million raised so far. Unlike meme coins chasing hype, Remittix’s real-world utility and solid growth are making it the altcoin to watch right now.

Shiba Inu Price Surge: Relief Rally or Start of Something Bigger?

Shiba Inu (SHIB) is up 24% in the last 30 days, currently trading around $0.00001487 with a market cap close to $9 billion. While these gains look solid, the 7-day ratio tells a different story – it’s only up 12%, showing momentum is slowly fading.

Source: Coinmarketcap

This rebound is backed by a massive 2,952% surge in whale inflows in May, signaling a big shift in market sentiment. On-chain data reveals a 6,050% increase in larger holder netflow, pointing to major repositioning by SHIB whales.

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This heightened demand helped Shiba Inu price break out of a falling wedge pattern, pushing its price to about $0.00001551.

Why Shiba Inu’s Momentum Is Losing Steam Despite the Rally

Shiba Inu’s price looks coiled for a big comeback this year. Behind the scenes, SHIB, the meme coin just behind Dogecoin, has built serious infrastructure: a collection of ecosystem tokens, a decentralized exchange, and its growing layer-2 solution, Shibarium.

Regular token burns have also played a key role, gradually cutting supply and nudging the price up. So far, nearly half of all SHIB tokens have been burnt, that’s 410 trillion out of the original 999 trillion removed from circulation.

🔥 Shiba Inu burns over 58 million tokens as price increases 🔥

The Shiba Inu community has successfully burned 58.3 million SHIB tokens in the past week! While the burn rate decreased by 20.77% compared to last week, the coin saw a 6% increase in price overall. 🚀

On Friday… pic.twitter.com/JX3qWLcjZu

— Benzinga (@Benzinga) February 17, 2025

Despite a sharp dip from its December 2024 high of $0.0000328 to around $0.0000158, SHIB is showing signs of a bullish trend. It’s trading at prices not seen since February and has broken above several resistance levels.

Price predictions are optimistic. Benzinga expects an average price of $0.00006 in 2025, with a possible peak of $0.0001. If that happens, it would mean a 532% increase, potentially beating Cardano’s forecasted gains.

Remittix (RTX): The Altcoin Outperforming Meme Coins with Real Utility

Remittix is building the payment rails to make crypto truly practical. It lets users convert over 40 cryptocurrencies into fiat and send money directly to bank accounts worldwide, fast, simple, and with no hidden fees. Thanks to a flat fee model, what you send is exactly what the recipient gets.

For businesses, Remittix’s Pay API enables easy acceptance of crypto payments, settling in any of 30+ fiat currencies. Plus, merchants get full control over when and how to cash out, supporting 50+ crypto pairs for ultimate flexibility.

From freelancers to global shops, Remittix is turning crypto into a real-world solution, and investors are noticing. The presale has raised over $15 million, with more than two-thirds of tokens already sold.

With a $194 trillion cross-border payments market waiting to be disrupted and strong early demand, RTX has huge potential. Even a 10x gain would outpace many top altcoins, with 50x or 100x gains possible if adoption accelerates.

Conclusion

Meme coins like SHIB, PEPE, and DOGE are showing mixed signals, some cooling off, others holding steady. Meanwhile, Remittix (RTX) is skyrocketing with real utility and a booming presale. Don’t miss out, this could be your chance to get in early on 2025’s next big crypto success.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix