SHIB Accumulation Spikes 4.66 Trillion as Traders Recall 2021 Surge

SHIB traders are drawing parallels to the 2021 surge, fueled by whale activity and growing bullish sentiment. Whale wallets have recently acquired 4.66 trillion SHIB during a price dip, signaling confidence among large holders and pushing the token back above its 200-day moving average [1]. This accumulation pattern echoes the conditions that led to SHIB’s explosive rise in 2021, when meme-driven hype and viral social media traction drove significant price gains [1].

Further reinforcing the optimism, a single wallet burned 600.7 million SHIB in a single transaction, causing the burn rate to jump by more than 16,700% in 24 hours [1]. Token burning reduces supply and can drive up value, especially in a market sensitive to scarcity. However, the broader on-chain activity remains mixed. Daily swap volumes have increased, but Shibarium’s Layer 2 TVL has sharply declined from $6.44 million in December 2024 to $1.78 million today [1]. This indicates a cooling interest in DeFi applications built on the platform, raising questions about long-term sustainability without new protocol upgrades or mainstream integration [1].

Meanwhile, Remittix (RTX) is outpacing many altcoins with a 484% surge, driven by real-world adoption in cross-border payments [1]. The project has processed over $28 million in transactions this month in pilot markets like Ghana and Kenya and is offering a $250,000 community giveaway to accelerate adoption [1]. RTX’s presale has raised $17.8 million at $0.0876 per token, with 575 million RTX sold to date [1]. The token is supported by a utility-based model, including direct crypto-to-bank transfers across 30+ countries and audited by CertiK, providing a layer of trust and transparency [1].

RTX’s growth is rooted in addressing a real-world $19 trillion payments problem with low-cost, efficient solutions [1]. Unlike SHIB, which is largely driven by speculative sentiment and whale activity, RTX offers a more pragmatic narrative centered on tangible infrastructure and user adoption [1]. This distinction is critical for investors considering risk-reward dynamics. SHIB’s potential for short-term gains is clear, but its long-term viability depends on new catalysts or broader use-case adoption [1].

The crypto landscape continues to reflect a divide between speculative meme coin enthusiasm and utility-driven innovation. SHIB traders are riding a wave of nostalgia, but without structural improvements or wider acceptance, their optimism may not translate into lasting value. In contrast, RTX’s performance is underpinned by concrete operational achievements and growing demand, making it a compelling option for investors focused on sustainable growth and real-world impact [1].

Source: [1] SHIB traders hoping for 2021-style explosion, meanwhile this crypto is up 484% (https://invezz.com/news/2025/07/31/shib-traders-hoping-for-2021-style-explosion-meanwhile-this-crypto-is-up-484/)