Analysts Label Shiba Inu a ‘Ghost Chain’ as Price Forecasts Turn Bleak and Investors Look to Stronger Projects

October 31, 2025 at 04:55 AM EDT

Sentiment around Shiba Inu is fading as usage slips and price action weakens. On-chain data shows lower activity on Shibarium and a steady downtrend on the chart. With sentiment slipping around Shiba Inu, many investors are rotating into stronger projects, like Remittix, which is delivering real payments utility, live product tests, and visible exchange progress.

Shiba Inu: On-chain slide and a bearish chart

Shiba Inu remains stuck in a falling structure after repeated rejections at the descending trendline. The pattern is a falling channel with a bearish continuation bias. The key level to watch is $0.0000100. If Shiba Inu loses the $0.0000098 zone, the next leg could target $0.0000090 to $0.0000085. The token has failed to print higher highs, which confirms bears remain in control.

Usage tells a similar story. Shibarium’s total value locked has dropped 37% in 30 days to about $835,000. Whale holdings slid from 231 billion to 116 billion Shiba Inu tokens, a clear sign that large players are exiting. For holders who still like Shiba Inu, the plan is simple. Respect support, wait for a clear trend break, and avoid forcing entries while momentum is weak. Until demand returns, many are rotating toward projects that already show product traction.

Remittix (RTX): payments utility and real traction

Remittix focuses on fast, low-fee cross-border transfers and transparent FX, built for everyday users and businesses. It has raised over $27.7M from 681M+ tokens at $0.1166 each. The wallet beta has launched, the team is CertiK-verified, and the project is ranked #1 Pre-Launch on Skynet. BitMart is confirmed, and LBank announced, with another major CEX reveal teased.

Why Remittix is climbing watchlists:

Ecosystem expansion includes wallet, web app, fiat rails, and API integrations for developers and payment providers.
Backed by a large, active community of holders and ambassadors.
The team has completed full KYC verification, signaling transparency and compliance readiness.
Positioned at the intersection of crypto, payments, and global remittance — a $19 trillion market.
15% USDT referral rewards, claimable every 24 hours in the dashboard.

The value pitch is clear. Real payments now, real access, and a simple way to grow holdings without complex steps. For many rotating out of Shiba Inu, that is exactly the kind of story they want.

Why money is moving

When on-chain use falls and price trends down, interest fades. That is the current problem for Shiba Inu. At the same time, utility-first projects with active users are gaining attention. Remittix fits that bill. It offers a live product, strong security, and visible exchange progress. If you are building a balanced watchlist of top crypto to buy now, pairing patience on Shiba Inu with a utility play like Remittix covers both recovery potential and real-world use in one plan.

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