As the broader crypto market looks for new narratives, recent Pi Network news and Shiba Inu price action suggest both tokens may be struggling to sustain momentum. Some analysts have also pointed to a newer project, Remittix, which is being discussed as a possible XRP competitor focused on payments and remittances, according to project materials.
Pi Network News Signals Weaker Price Trend
The latest Pi Network news has been mixed for holders. While the project recently launched Pi AI Studio to let users create AI-powered apps, the Pi coin price has fallen 26% in the past month. Despite the project’s positioning around AI-related features, the token’s price has traded near prior lows.
One factor market participants watch is ongoing token unlocks. Data from PiScan indicates another 130 million coins will be unlocked soon, pushing the circulating supply beyond 8 billion. Increased circulating supply can add selling pressure, although market impact can vary. Pi has hovered near $0.439 support in recent trading, and traders are watching whether it holds or breaks.
source: piscan
Shiba Inu Price Slows As Whale Demand Cools
Despite recent large-holder activity, the Shiba Inu price has struggled to move higher. After peaking at $0.00001484, SHIB has traded near $0.00001422. Data cited by IntoTheBlock shows a 728 billion SHIB increase in large holder inflows within three days, though price follow-through has been limited so far.
Some commentators have suggested SHIB could revisit higher levels if it clears nearby supply zones, but those scenarios are speculative and depend on broader market conditions. The token has tested support zones repeatedly without a decisive breakout, and attention can rotate quickly among crypto assets.
source: GehavianGoals on TradingView
Remittix Positioned as an XRP Competitor Focused on Payments
Remittix is a newer project that, according to its own materials, aims to build crypto-to-fiat payment and remittance functionality. The project states it has raised more than $16.3 million through a token sale and that 553 million tokens have been sold at $0.0811. These figures have not been independently verified.
Project materials and community discussions around Remittix frequently highlight a few themes:
- Fundraising progress (the project has referenced a soft-cap target)
- An automatic token-burn mechanism described by the project
- Transfers described as being designed for relatively low fees (including claims of sub-cent costs on some transactions)
- A focus on payments and remittances as a potential market use case
- Regulatory and compliance steps that the project says it is pursuing, including in Kenya and Brazil
As with any early-stage crypto project, outcomes depend on execution, adoption, and regulatory developments, and there is a risk of loss.
Market Attention Continues to Shift
The latest Pi Network news and recent Shiba Inu price movement illustrate how quickly sentiment can change across crypto. Supporters of each project point to different catalysts, while critics focus on supply dynamics, liquidity, and broader market conditions. Remittix is one of several projects being discussed in the context of payment-focused crypto, but comparisons to established networks should be treated cautiously given differences in size, maturity, and risk profile.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
