Remittix, Shiba Inu and Pi Network Discuss Their Chances of Breaking Into Crypto 10

As the market evolves, a new wave of performers is rising to challenge established projects with immovable market caps. Shiba Inu, PI coin, and Remittix are the projects quietly positioning themselves for a leap into the top 10 crypto spot.

Shiba Inu, PI Network and Remittix are the projects quietly positioning themselves for a leap into the top 10 crypto spot as the market evolves.

While we’re used to seeing the same projects in the top 10 with nearly immovable market caps, the crypto landscape is setting the stage for a new wave of performers. In particular, Remittix is poised to disrupt the $190 trillion global payment industry.

But if you’re tracking the recent Shiba Inu news or wondering if the PI coin can stay relevant, this article breaks it down.

Shiba Inu stands out with rapid burn mechanism as bulls anticipate breakout

The Shiba Inu community burn portal, Shib Torch, successfully removed over 1 billion SHIB tokens from circulation through incineration.

The overall burn from Shib Torch represents a tiny fraction of Shiba Inu’s total supply of 589.5 trillion tokens. However, the SHIB market already feels the impact as its price surged by 38% in April when its daily burn mechanism increased by 30%.

Source: Coinmarketcap

Consequently, Shiba Inu has entered crypto whales’ radar, and their footprint was spotted on Shiba Inu’s on-chain data. The latest reports indicated that 6.71 trillion SHIB tokens moved through the network in a single day.

This strategic move set a new seven-day record for the volume of large transactions in Shibarium. Industrial experts believe this increase in on-chain activity is the first concrete indication of a significant bullish breakout subtly developing in the background.

PI coin token unlocks ignite concerns, but bulls remain focused at $5

With daily token unlocks in the tens of millions, Pi Coin price forecasts remain under strain as supply continues to outpace demand.

Despite these concerns, PI ranks among the top 10 biggest gainers in April amid its volatility swings and 15% retracement.

Moreover, PI coin bulls are emerging. Chain analyst Moon Jeff reported on X that small amounts of Pi Coin were being spotted through Binance’s Stellar deposit wallet. The timing has drawn attention, although neither Binance nor the Pi Network team has yet to provide an official confirmation.

Pi Network is expected to make a significant announcement in May, which may include details on new listings. If the Binance listing happens in the coming weeks, PI coin will be on track to achieve the $5 milestone, getting closer to its crypto top 10 dream.