February 5, 2025
Cryptocurrency News

Investors Are Switching From Cardano and Shiba Inu As Prices Crash; Where Is Money Rotating Too?

But, beyond the background noise, there is a glimmer of hope; as the market quickly bounced from its lows – reaffirming the general consensus that 2025 will be a great year for crypto.

Nonetheless, the Cardano price sank to a new yearly low, and recent Shiba Inu news suggests SHIB might be losing market momentum, potentially hitting new lows this week. While investors are increasingly disturbed by the recent downturn, they are making a decisive shift, rotating funds out of Cardano and Shiba.  In this environment, Remittix (RTX) is emerging as an intriguing PayFi project that some see as a fresh opportunity in the space – as its presale surges in both investor interest and market recognition

Let’s take a closer look at the ongoing capital movements and why Remittix is quickly becoming the best crypto investment in Q1.

Shiba Inu (SHIB): Price Drops Despite Strong Burn Rate

As the second-largest meme coin by market share, Shiba Inu news remains a key interest for investors. One of the most notable developments this week is SHIB’s burn rate skyrocketing by 847% within 24 hours, with 31,010,900 SHIB permanently removed from circulation.

A difficult month for SHIB – down nearly 35% despite continued token burns. Source: Brave New Coin SHIB market data.

Further boosting optimism, another Shiba Inu news update revealed an upgraded version of its Swap and Bridge platform, which enhances cross-chain functionality and enables seamless swaps across multiple blockchains.

However, Shiba Inu price has reflected bearish momentum amid the ongoing market sell-off. SHIB has likewise suffered a 34.76% monthly loss, with market value stabilizing at 0.00001576. Price charts indicate a further downside in early February, making many holders increasingly cautious about SHIB’s near-term trajectory.

Cardano (ADA): ADA Holders See Heavy Losses

Cardano price has also fallen victim to the bearish headwinds sweeping across the market. After reaching a monthly high of $1.16, ADA faced a brutal 45% correction, now trading at $0.6352 as selling pressure intensified on Monday.

According to recent crypto news, One major reason for this downturn is the recent increase in whale transactions. In just one week, large-scale investors dumped over $200 million worth of ADA, significantly contributing to the price decline.

Despite this drop, technical indicators signal a potential reversal. The Relative Strength Index (RSI) currently sits at 64.27, suggesting a bullish divergence that could spark a recovery.

Remittix (RTX): The Best Crypto Investment In Q1.

This innovative PayFi protocol is set to revolutionize cross-border payments by integrating blockchain technology with traditional funds transfer. Remitixx’s goal is to create a seamless pathway through which crypto-to-fiat transfers can be carried out from anywhere in the world and at any time of the day.

Unlike existing financial systems, Remittix’s global reach is not limited to developed nations—it also extends to underbanked regions, fostering financial inclusion in developing economies. The market has long lacked a reliable, cost-effective crypto-to-fiat solution, and Remittix fills that gap.

Even as regulatory uncertainties and the pending SEC decisions weigh on the market, Remittix remains undeterred. Just a few weeks ago, the project launched its ICO, raising an impressive $10.7 million in record time.  Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ Socials: https://linktr.ee/remittix

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.