Shiba Inu price continues to struggle after a steep 70% decline from its peak, leaving traders wary of further downside as bearish signals mount.
Once hailed as a meme coin powerhouse, SHIB is now battling fading momentum and weaker demand. Against this backdrop, investors are increasingly turning toward a new utility-driven project called Remittix (RTX), which is being tipped as a stronger growth play heading into 2025.
Shiba Inu Price Struggles With Bearish Pressure
The Shiba Inu price has dropped more than 70% from its November peak and is now at $0.00001239. Analysts warn that the price of the Shiba Inu will likely fall significantly below key support zones as the bearish technical dynamics will surface, including declining momentum and declining RSI readings. In order to determine whether a deeper fall is imminent or if SHIB can stabilise, traders continue to exercise caution.
These strains are captured in the market sentiment. Shiba Inu price has not been able to rebound to greater levels despite the huge backing of the community; the speculation-based hikes have been succeeded by a rapid reversal. The possibility of additional losses in the short term has been increasing due to the combination of such aspects as the rise of volatility, reduction in burning tokens, and macroeconomic uncertainty.
Why Traders Are Turning To Utility Plays Like Remittix
As caution grows around the Shiba Inu price, many traders are rotating into tokens with real-world utility. One of the most notable projects gaining traction is Remittix (RTX), which operates in the PayFi sector, enabling direct crypto-to-bank transfers across 30+ countries.
Unlike SHIB’s speculative trading, Remittix offers a clear roadmap built around adoption. Remittix has already raised $22.4 Million, sold over 630 Million tokens, is currently priced at $0.10, and secured listings on BitMart and LBANK.
A Q3 2025 wallet beta will support 40+ cryptocurrencies and 30+ fiat currencies, while its merchant-ready Pay API ensures businesses and freelancers can access seamless crypto-to-fiat payments. These milestones highlight why analysts see RTX as a credible alternative to meme-based assets.
Key Highlights Behind Remittix’s Growth
- Listings confirmed on BitMart and LBANK
- Q3 2025 wallet beta with multi-crypto and multi-fiat support
- Flat fees and real-time FX quotes for cross-border transfers
- Merchant-ready Pay API for global payments
Remittix Is Rising Above Shiba Inu FUD
The Shiba Inu price remains locked in a bearish setup, with traders unsure if support will hold. While SHIB still commands loyalty from long-term holders, many investors are shifting to assets with tangible utility.
Remittix stands out as one of the best-positioned projects for 2025, combining adoption, exchange traction, and a payments-first approach that could deliver outsized gains compared to the fragile outlook for the Shiba Inu price.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
The post Shiba Inu Price Fears Continue As Traders Back New Utility Assets Like Remittix In 2025 appeared first on Blockonomi.
Source: https://blockonomi.com/shiba-inu-price-fears-continue-as-traders-back-new-utility-assets-like-remittix-in-2025/