$SHIB $SHIB
SHIB’s Burn Rate Surges While Investor FOMO Shifts to Remittix
Shiba Inu’s Burn Frenzy—But No Fuel for Price
In a dramatic turn, Shiba Inu (SHIB) has experienced an explosive increase in its token burn rate—reportedly rising by as much as 3,464 % this month, with over 9.6 million SHIB tokens burned within just 24 hours . Another source even notes a staggering 48,206 % weekly spike in burn activity .
Yet despite these aggressive supply reductions, SHIB’s price remains largely stagnant—hovering around the $0.0000128 to $0.0000132 range . Trading volumes reflect similar inertia; one report shows volume up over 100 % to $212 million, but the uptick lacks conviction .
This mismatch between deflationary action and price momentum underscores the limitations of meme-token dynamics—burns alone aren’t sustaining investor enthusiasm or triggering meaningful upside . Weakening fundamentals—like falling whale engagement and dwindling Shibarium adoption—further cloud the outlook .
Rise of Remittix: Utility Meets FOMO
In contrast to SHIB’s hype-driven narrative, Remittix (RTX) has steadily built a case for real-world utility, capturing investor attention and FOMO.
Presale & Funding: Remittix is closing in on—or has surpassed—the $20 million presale milestone, with various reports citing figures ranging from $17.8M to $21M raised and over 575–609 million tokens sold .
Exchange Listings & Liquidity: Hitting this funding threshold has unlocked Remittix’s first centralized exchange listing, notably on BitMart, significantly enhancing market visibility .
Product Roadmap: A mobile-first wallet beta is slated for Q3 2025 (some reports pinpoint September 15), featuring instant crypto-to-bank transfers, real-time FX conversion, multi-chain support, and easy-to-integrate API infrastructure .
Security & Appeal: Backed by a CertiK audit and geared toward reducing remittance costs across 30+ countries, Remittix positions itself as a PayFi bridge between crypto and traditional finance .