Hyperliquid News Today: Market Matures: Investors Favor Utility Over Meme Coin Hype

Shiba Inu (SHIB) Price Stalls Amid Security Crisis as Investors Shift Focus to Utility-Driven Altcoins

Shiba Inu, the once-hyped memecoin that saw early investors multiply their holdings by over 100 times, is now grappling with a $4 million exploit that has stalled its price recovery. The incident, which occurred in September, exposed vulnerabilities in Shibarium's Ethereum bridge, forcing an emergency shutdown and triggering a 23% decline in SHIB's value over the past year Shiba Inu (SHIB) Price Stalls as Shibarium Unveils $4M in Refunds …^[1]. Despite plans to refund victims and resume operations, the token remains in a symmetrical triangle pattern, hovering near $0.0000127 as traders await a decisive breakout SHIB Buyers Watch for Potential Recovery Amid Bullish Divergence^[2]. Technical indicators like RSI and MACD suggest neutral momentum, with no clear signs of a bullish or bearish reversal Remittix Vs Shiba Inu - Why Are Altcoins Better Investments Than ...^[4].

The exploit has intensified scrutiny on SHIB's fundamentals, which critics argue lack the utility to justify long-term growth. While the project has expanded into decentralized finance (DeFi) with Shibarium and token burns, these efforts have not offset concerns over its reliance on social media hype. "SHIB's value proposition remains unproven beyond its meme-driven appeal," said one analyst, noting that the token's recent 10% weekly drop has drawn investors toward alternatives with tangible use cases SHIB Buyers Watch for Potential Recovery Amid Bullish Divergence^[2].

Enter Remittix (RTX), a PayFi-focused altcoin that has raised $27.8 million in its presale and is now being positioned as a superior investment. Unlike SHIB, Remittix targets real-world problems, offering low-cost cross-border payments and crypto-to-bank transfers in 30+ countries. Its beta wallet, live on Ethereum and Solana, supports 40+ cryptocurrencies and 30+ fiat currencies, with real-time FX conversion and cross-chain interoperability CertiK-Verified Remittix Ranked #1 Pre-Launch Token,^[6]. The project has also secured institutional credibility through a full CertiK audit, ranking it 1 on CertiK Skynet's pre-launch leaderboard .

Investors are increasingly favoring RTX's utility-driven model. "Remittix solves a $19 trillion pain point in global remittances," said a crypto strategist, highlighting its potential to attract mainstream users beyond speculative traders. The token's presale success-selling 675 million tokens at $0.113-reflects growing confidence, particularly among Cardano holders seeking projects with real-world applications . Analysts predict a 4x return by 2025, driven by partnerships with regional payout networks in Africa and Southeast Asia .

The shift from meme coins to utility-driven projects is reshaping market dynamics. While SHIB's technical outlook hints at a potential 15-25% rebound to $0.000018 by October 2025 Remittix Vs Shiba Inu - Why Are Altcoins Better Investments Than ...^[4], RTX's roadmap includes CEX listings on BitMart and LBank, which could unlock broader liquidity. "RTX's focus on infrastructure and compliance makes it a safer bet for sustained growth," said a blockchain analyst, contrasting it with SHIB's volatility Remittix Crowned Best Crypto Presale For 2025 As …^[8].

For investors, the choice between SHIB and RTX underscores a broader trend: the crypto market is maturing, prioritizing projects with real-world adoption over speculative hype. As SHIB navigates its recovery, Remittix's emphasis on utility and security positions it as a compelling alternative for those seeking long-term value.