Shiba Inu Drops Out of Top 20 Crypto Rankings Amid Rising Demand for Utility-Driven Projects Like Remittix

Shiba Inu has recently fallen out of the top 20 largest cryptocurrencies by market capitalization, a shift that reflects a growing preference among investors for assets with clear utility and actionable roadmaps. This decline positions Shiba Inu as a speculative meme coin struggling to maintain relevance in a maturing market. In contrast, Remittix (RTX), a DeFi-native payment platform, has gained traction and is approaching a significant market cap breakthrough. Analysts highlight the stark difference between the two projects: Shiba Inu lacks the structural fundamentals to secure a top-tier position, while Remittix leverages in-demand utility to attract both users and capital [1].

Shiba Inu’s price has shown minimal upward movement despite maintaining steady liquidity. Technical analysis points to a falling-wedge pattern, with potential price targets in the range of $0.0000147–$0.0000160, but these remain speculative and contingent on sustained momentum. Community-driven forecasts on platforms like CMC echo a cautious outlook, emphasizing patience over aggressive bullish expectations [1].

Remittix, on the other hand, is set to launch its wallet beta version on September 15, 2025, which will support Ethereum and Solana. This multi-chain capability offers a unique proposition: Ethereum's transaction depth combined with Solana’s speed. The project is also nearing a $20 million funding threshold, which will trigger its first listing on a centralized exchange. This milestone is expected to significantly boost its visibility and liquidity [1].

The platform’s value proposition lies in its ability to provide low-fee, cross-chain, crypto-to-bank transfers across more than 30 countries. This utility-driven approach sets it apart from projects lacking concrete use cases. Moreover, early investors are incentivized through a 40% token bonus and a $250,000 giveaway, further amplifying interest [1].

The broader trend in the cryptocurrency market suggests a pivot toward projects with clear use cases and execution plans. While Shiba Inu could see a price rally if sentiment turns in its favor, the long-term outlook favors utility-focused projects like Remittix. As the sector continues to evolve, investors appear to be prioritizing innovation and practicality over hype [1].

Source: [1] Shiba Inu Falls Out Of Top 20 Rankings, Remittix Inches Closer To Market Cap Breakthrough .............................(https://coindoo.com/shiba-inu-falls-out-of-top-20-rankings-remittix-inches-closer-to-market-cap-breakthrough/)