The Shiba Inu price prediction narrative picks up pace this week following on-chain proof of an enormous outflow of tokens from exchanges, which indicates the enhanced confidence of large holders.
Analysts notice that whales, users with billions of SHIB, are moving tokens into cold storage, relieving near-term pressures to sell and signaling that quite possibly a long-term accumulation period has commenced.
Meanwhile, attention is refocused again on utility-based crypto projects, payment networks are gradually gaining ground by addressing real-world transaction problems within the blockchain environment.
Shiba Inu Price Overview
Shiba Inu (SHIB) is selling at $0.00001024, a significant 2.08% gain in the last 24 hours. Its market cap remains at $5.95 billion, while trading volume is down by 21.94% at $139.1 million, an indicator of reduced short-term speculation. However, the token still has high liquidity because retail and institutional interest is still enjoyed by it.
Recent whale action supports a bullish outlook. Over 289 billion SHIB, about 1.45% of circulating supply, supposedly left exchanges this week. Such a massive withdrawal has traditionally been deemed bullish, since it signifies that whales are opting to keep assets off-exchange for long-term holding rather than selling.
Technical Structure And Market Sentiment
On technical data, Shiba Inu is at nearly $0.000010, and it is forming a descending wedge, a chart pattern that has a tendency to break out on the upside. The wedge has strong support at $0.0000095 and resistance at $0.000012, and these are likely to control SHIB’s next move.
The Relative Strength Index (RSI) is around 37, which marks oversold levels and also a potential short-term relief bounce. Relief to $0.000011 would be regarded as bullish momentum, with attention placed upon $0.0000125–$0.000013 in the short term. Otherwise, a breach below levels of support around $0.0000095 could lead to prolonged consolidation.
Remittix: The Utility-Oriented Crypto Making Waves
As Shiba Inu’s whale move hits the headlines, Remittix (RTX) is beginning to create waves in blockchain payments. At a price of $0.1166 per token, Remittix has so far raised over $27.7 million and sold more than 681 million tokens, putting it on the list of most promising PayFi projects of the cycle.
Remittix has just attained full CertiK verification, coming in at #1 among Pre-Launch Tokens on the CertiK Skynet. That endorsement adds to its reputation as secure and transparent essential in a space where trust is still the utmost concern.
The beta wallet testing for the project is already underway, allowing users to make quick crypto-to-bank transfers, a feature that places it in a class all its own among DeFi platforms.
Remittix also announced verified CEX listings on LBank and BitMart with a third listing on the way. Its referral program of 15% USDT and $250,000 community giveaway are driving its rapid growth while rewarding engaged members.
Accumulation May Fuel SHIB’s Next Leg Up
The latest on-chain figures indicate that Shiba Inu is likely entering a critical accumulation phase, with whales quietly positioning for future gains. Should the descending wedge break higher and whale accumulation continue, SHIB may soon attempt to drive a sustained move above its recent range.
At the same time, projects like Remittix are changing the game for blockchain payments building real infrastructure while enjoying strong community backing. With a solid foundation, working wallet in beta, and several exchange listings in sight, Remittix is among the most promising examples of crypto innovation with genuine utility.
Both Remittix and Shiba Inu demonstrate how the adoption of blockchain is increasingly on the rise, the former through community-building momentum, and the latter through payment solutions that pay off. The next few months will show which model captures the next wave of growth in the cryptocurrency space.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Source: https://coindoo.com/shiba-inu-price-prediction-analysts-note-interesting-whale-accumulation-signal/