Shiba Inu is back on traders’ screens as price slips toward recent lows and fresh data sends mixed signals. A sharp 2,713% spike in the burn rate didn’t affect the price, keeping Shiba Inu stuck with muted momentum. On-chain usage through Shibarium remains sizable, yet short-term activity has been uneven.
That is why Shiba Inu forecasts now focus on levels, flows, and catalysts rather than headlines alone. For balance, Shiba Inu investors often use a payments-focused token like Remittix(RTX) as a hedge due to its real-world utility and growth potential.
Massive Burn Rate Fails To Ignite Shiba Inu Price Momentum
A key debate for any Shiba Inu price prediction is whether supply is strong enough. This week’s 2,713% burn rate surge destroyed about 4.7 million SHIB, yet the price barely reacted, a reminder that burn spikes must be sustained to change the trend. 
Exchange data shows a positive development for Shiba Inu. About 289 billion SHIB tokens were withdrawn from the exchange on October 23, which marks a positive trend in terms of accumulation by long-term holders.
Technical Outlook: Key SHIB Price Levels And Short-Term Forecasts
Short-term models for Shiba Inu (SHIB) suggest the token may trade between $0.000010 and $0.000012, with some forecasts pointing to a rebound toward $0.0000118 by late November if buying interest improves. Others remain cautious, highlighting a descending channel that could lead to more downside if current support levels fail.
For sentiment to turn decisively positive, SHIB would need higher burn rates, steady Shibarium network activity, and continued exchange outflows showing holder confidence. If these factors align alongside rising trading volume, a move toward September’s highs becomes a realistic target.
Remittix Payments Utility Outshines Meme Momentum
Shiba Inu thrives on community and meme energy while Remittix leans into payments utility. It aims to be a crypto-to-fiat hub for users, merchants, and businesses, with a wallet, web app, fiat rails, and API integrations in build.
The team is fully audited and verified by CertiK and ranked number one among Pre-Launch Tokens on Skynet, which strengthens trust with compliance-ready KYC. Remittix has sold over 681 million tokens, is priced at $0.1166, and has raised over $27.7 million.
The 15% USDT referral is active with daily claims, and a $250,000 giveaway is running. A limited-time RTX50 code adds a 50% token bonus as the project nears a $30 million milestone.
For investors observing Shiba Inu Price Prediction, this payment token offers a different, utility-led angle.
SHIB Volatility And The Case For A Payments Hedge
Shiba Inu remains liquid, widely followed asset where burns, exchange flows, and Shibarium stats shape each price prediction. If outflows persist and activity steadies, Shiba Inu can attempt a recovery toward recent bands. If not, the coin likely grinds until a stronger catalyst arrives.
For those looking to pair meme reach with real-world settlement, Remittix brings a payments-first plan backed by verification and exchange listings, which is why investors see it as a complement to Shiba Inu.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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