Shiba Inu Price Plunges Over 5% Amid Market Volatility
Shiba Inu's price dropped more than 5% in response to tighter US monetary policy and the failed CLARITY Act vote. The token traded near $0.00000483 before recovering to approximately $0.00000539 on September 18, showing a nearly 7% bounce from the previous close.
The drop and subsequent recovery illustrate the tendency of meme coins like Shiba Inu to amplify changes in market sentiment. Despite being one of the sector's best-known community assets, SHIB's price remains sensitive to liquidity and speculative attention.
Remittix is promoting a utility-led alternative built around crypto-to-bank payments, with its RTX token priced at $0.21 and 82.23% of the presale sold. The project has completed several milestones, including wallet release, testnet, community PayFi testing, and Remittix Markets launch.