Shiba Inu (SHIB) is showing fatigue at $0.00001121, down 1.91% from yesterday. Dogecoin (DOGE) meanwhile sits at $0.1596 and BONK at $0.00001375. As these memecoins show divergent actions, investors appear to be rolling funds over into more utility-focused projects like Remittix (RTX) in anticipation of the next big market shift.
Is Shiba Inu Losing Steam?
The memecoin SHIB hype cycle can be peaking out. With a $6.6 billion market cap and trade volume declining 3.64%, momentum is clearly weakening. Analysts believe that SHIB’s bull run is losing steam as the traders seek new stories.
Though SHIB is still one of the biggest altcoins by market capitalization, it is coming under increasing pressure from old-timers like DOGE and newbies like BONK. With no significant ecosystem news on the horizon, investors are asking if SHIB will be able to continue generating massive returns.
DOGE and BONK Slug it Out
Dogecoin, the original memecoin, is also doing well with a market cap of $24.02 billion and more than 14% growth in daily trade volume. Its recent rebound has caught people’s attention, especially as Elon Musk still mentions DOGE in X posts as well as interviews.
BONK, which is a meme-based Solana coin, is also picking up steam. Despite being down 3.79%, its volume is increasing 4.45%, which indicates accumulation. It’s seen by some as the “next SHIB,” but ultimately its destiny will be dependent upon whether or not it can build real community and utility.
Why Remittix (RTX) Is Picking Up Speed
As the memecoin mob anxiously tracks price graphs, whales and long-term investors are more and more pumping money into Remittix (RTX). At just $0.0781, RTX has already brought in almost $15.8 million with more than 547 million tokens sold.
Remittix is developing real-world utility through a crypto-to-fiat payment infrastructure that enables customers to make payments of BTC, ETH, and XRP into bank accounts within minutes. Such useful utility in the current market is difficult to come by and has been compared to early-stage XRP and Stellar.
The group recently launched the new soon-to-be-released Remittix Wallet, which will come out in Q3. Investors are also quietly rushing to take advantage of a 50% token bonus while live since the project desires to hit its $18 million softcap.
Traders Reposition As New Leaders Emerge
Memecoins will always be in vogue in crypto, but the trade is getting selective. The SHIB hype is wearing off, and DOGE and BONK find it hard to stay in the running. Meanwhile, Remittix is offering something different — real use cases, payment systems for everyone, and institution-level traction.
As money flows, RTX is quickly becoming a 2025 breakout performer. Investors looking to play hype against long-term potential, Remittix might just be the smarter wager.
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