Shiba Inu Eyes 100% Gains as Meme Coin Market Shifts Toward Utility

Shiba Inu (SHIB) is drawing renewed attention as technical indicators suggest the potential for a 100% price increase in the coming months. Recent chart patterns, including a cup and handle formation, have been interpreted by analysts as bullish signals, especially if SHIB manages to hold key support levels and break above critical resistance [1]. However, the broader meme coin market is showing signs of evolving beyond pure virality, with investors increasingly favoring projects that offer real-world utility [2].

At the same time, alternative projects such as Remittix (RTX) are capturing attention. The project recently raised over $17.9 million by selling 578 million tokens at $0.0895 each, highlighting its appeal in a market where practical applications are gaining traction [1]. Remittix is being positioned as a utility-driven alternative to traditional meme coins, offering cross-border payment solutions with low gas fees and a focus on cross-chain DeFi. Analysts note that RTX’s product development and clear use cases may give it an edge in the current market environment [2].

SHIB’s potential for a strong rebound is also being weighed against the broader market context. While the token has held key support levels twice in recent weeks, maintaining volume growth will be critical for a sustained breakout. Some analysts have highlighted improving volume on up days and double bottom patterns as positive signs, though these remain cautious interpretations [1]. In a market still reeling from the ripple effects of recent FOMC developments, SHIB will need consistent and strong closing prices to maintain its trajectory.

The emergence of next-generation meme coins, such as LILPEPE, also presents a challenge. These newer projects are often seen as more than just memes, with features and applications that align with real-world use cases. This shift in investor sentiment could gradually reduce SHIB’s dominance in the category [2].

Ultimately, SHIB’s path forward depends on its ability to adapt to these evolving expectations. While a 100% gain remains a possibility, competition is intensifying. Investors may increasingly look to balance meme coin exposure with utility-driven projects, as seen in the growing interest in tokens like RTX that combine speed, transparency, and practical value [1].

Source:

[1] Invezz

https://invezz.com/news/2025/08/02/shib-eyes-100-gains-but-analysts-warn-of-a-new-generation-memecoin-breakout/

[2] MoneyCheck

https://moneycheck.com/top-trader-eyes-little-pepe-lilpepe-as-this-bull-runs-dogecoin-doge-replacement-still-cheap-below-0-002/