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Home»Business»Shiba Inu News: SHIB Flatlines Despite Massive Burn, Remittix Steals Spotlight With $20M Milestone
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Shiba Inu News: SHIB Flatlines Despite Massive Burn, Remittix Steals Spotlight With $20M Milestone

Percival SokoBy Percival Soko2025-08-18No Comments3 Mins Read
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Shiba Inu news is all about massive burn activity, but the price remains stuck. While token destruction rates have surged, SHIB lacks upward movement, signalling waning enthusiasm. Meanwhile, Remittix hit a key $20 million funding threshold and locked in its first exchange listing. 

With product delivery and visibility ramping up, Remittix is eclipsing meme narratives and grabbing investor attention heading into late 2025.

Shiba Inu Price Remains Static Despite Burn Frenzy

Shiba Inu’s burn rate surged over 3,464 % this month, with millions of tokens removed from circulation. That spike seemed poised to lift SHIB’s value, but the price held flat around $0.0000128 to $0.0000132, showing limited investor reaction. 

Trading volume also slumped by over 31%, underscoring weakening demand even amid aggressive supply cuts. Recent data show a descending channel break and accumulation signs, but without fresh catalysts, those shifts may not translate to any lasting price momentum.

Community Efforts Drive Token Burn, yet Price Stays Unchanged

In another signal of intensified burn mechanics, one of the largest single-day burns occurred recently, removing more than 1 billion SHIB and spiking the daily burn rate by nearly 91 000%. Such an event typically tightens supply and suggests price upside. Without broader utility, beyond memetic value and burn lore, SHIB may struggle to translate deflationary mechanics into sustained price gains.

Remittix Dominates News Cycle With Milestones and Utility

Remittix (RTX) now trades around $0.0944, has surged over 500 % this year, and has sold 606 million tokens while raising over $20 million. Funding recently hit that target, unlocking its first centralized exchange listing. A Q3 wallet beta is set to launch soon, featuring real-time FX conversion, crypto-to-bank transfers, and a $250,000 giveaway to drive adoption.

Here’s what sets Remittix apart:

  • Instant crypto-to-bank capability across 30+ countries
  • Staking features that drive utility and demand
  • Security backed by a CertiK audit
  • BitMart listing confirmed upon the $20 million raise
  • Mobile wallet beta launching Q3 2025

With tangible rollout timelines, product release, and liquidity confirmation, Remittix is outshining meme tokens by delivering substance where hype once ruled.

Why Remittix has the edge

Shiba Inu news leans on burn stats and struggles for price movement; it remains stuck despite dramatic supply cuts. Remittix, in contrast, is creating value through genuine execution and infrastructure. That blend of utility and visibility positions it as the superior narrative for performance-driven investors.

SHIB captures headlines when burn records are broken, but the lack of price response reveals structural fragility. Remittix’s roadmap, listing, and product plans, however, offer clear upside and purpose. For those chasing real advancement over fleeting meme momentum, Remittix is becoming the standout pick as the year progresses.

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 

Remittix SHIB Shiba Inu
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Percival Soko

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