Shiba Inu Drops 12% as BONK, PENGU, RTX Surge 13% on Technical and Utility Gains

Shiba Inu (SHIB), the once-dominant meme coin, faces mounting pressure from emerging contenders as 2025 unfolds. BONK, PENGU, and Remittix (RTX) are rapidly gaining traction, offering narratives and utilities that challenge SHIB’s waning momentum. SHIB’s price has struggled to break through key resistance zones, with a 12% recent decline despite whale accumulation of 4.66 trillion tokens. On-chain data reveals a fading burn rate and weakening retail interest, raising concerns about its long-term viability [1].

BONK, a Solana-based token, is drawing attention for its technical resilience. After consolidating near critical resistance, the asset shows signs of breaking out, with volume and relative strength index (RSI) indicators signaling strength. Analysts highlight its potential to retest all-time highs, driven by growing ecosystem adoption and meme coin enthusiasm [1]. Meanwhile, PENGU, an NFT-themed token, has surged 13% in a single day, trading at $0.0421 with $2.5 billion in 24-hour volume. Analyst Ali Martinez notes PENGU’s reliable bounces off its 10-day simple moving average, suggesting further gains to $0.076 or $0.097 if the trend holds [1].

Remittix (RTX) distinguishes itself with real-world utility, addressing cross-border payment inefficiencies. The token, now at $0.0876, has raised $17.4 million by converting over 40 cryptocurrencies into local fiat within hours. Its transparent public ledger and liquidity locks attract institutional investors, while a $250,000 giveaway fuels community growth [1]. Unlike SHIB’s speculative appeal, RTX’s practical applications in PayFi position it as a disruptive force in the space.

SHIB’s decline underscores a broader shift in investor priorities. Traders are prioritizing tokens with tangible use cases, speed, and transparency—areas where SHIB lags. While the token remains a cultural icon, its failure to adapt to evolving market demands has opened the door for agile challengers. BONK’s technical strength, PENGU’s explosive momentum, and RTX’s utility-driven value proposition collectively signal a potential “flip” in the meme coin hierarchy.

The market’s next move will hinge on whether these tokens can sustain their trajectories amid volatile conditions. For SHIB, reclaiming dominance will require addressing its on-chain weaknesses and reigniting community fervor—a challenge in a landscape increasingly dominated by innovation and efficiency.

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Source: [1] Shiba Inu Set to Be Flipped? BONK, PENGU and Remittix Are 2025’s Top Contenders (https://timestabloid.com/shiba-inu-set-to-be-flipped-bonk-pengu-and-remittix-are-2025s/)