Shiba Inu Loses Momentum as Remittix (RTX) Gains 100X Hype

Shiba Inu (SHIB), once a symbol of the meme-token phenomenon, has seen a decline in momentum, with traders increasingly questioning its long-term viability. As of the latest data, SHIB is trading at $0.00001247, with a 24-hour price increase of 1.41% but a market cap of $7.34 billion, and a 14.37% drop in 24-hour trading volume to $223.12 million [1]. These figures indicate reduced liquidity and uncertainty, pushing investors to explore alternatives with more tangible value propositions [1].

Among the contenders, Remittix (RTX) has emerged as a project generating notable interest. Currently priced at $0.0969, RTX has surpassed $20.6 million raised in its presale, with over 612 million tokens sold [1]. The token has also secured its first centralized exchange (CEX) listing on BitMart, enhancing its accessibility and liquidity. RTX is being compared to SHIB’s 2021 breakout phase, given its strong presale traction and upcoming wallet launch [1].

The Remittix wallet, set for a Q3 2025 beta release, is a mobile-first platform enabling direct crypto-to-bank transfers in over 30 countries [1]. The wallet supports more than 40 cryptocurrencies and offers real-time foreign exchange (FX) conversion, aiming to streamline global payments. Additionally, the project has announced a $250,000 giveaway to stimulate community engagement [1].

Unlike SHIB, which was primarily driven by social media hype, Remittix is positioning itself as a cross-chain decentralized finance (DeFi) project targeting the $19 trillion global payments market [1]. The project has undergone a CertiK audit and operates with open tokenomics, making it one of the top DeFi projects of 2025 under discussion [1].

The broader DeFi landscape is evolving, with increasing focus on utility-first tokens addressing real-world challenges such as low-cost gas fees, decentralized exchange innovation, and early-stage investment opportunities [1]. SHIB investors, in particular, are watching for new catalysts that could reignite price action, but the lack of such developments has led many to consider alternatives in the 100x crypto narrative [1].

As the crypto market matures, the search for tokens with adoption potential and real-world use cases is gaining momentum. While SHIB’s price explosion in 2021 demonstrated the power of hype-driven tokens, it also highlighted their limitations. In contrast, RTX offers a more sustainable, adoption-based approach that could appeal to a broader range of investors [1].

Source: [1] Shiba Inu looks weak but this $0.09 crypto could 100x like SHIB did in 2021 (https://invezz.com/news/2025/08/21/shiba-inu-looks-weak-but-this-0-09-crypto-could-100x-like-shib-did-in-2021/)