Cryptocurrency

SHIB And BONK Profit From Meme Coin Rally But Remittix's Real World Utility Has Whales Making The Switch

Written By : IndustryTrends

Shiba Inu and Bonk are riding the latest meme coin rally, but not everyone is staying for the encore. As both tokens push through short-term gains, a shift is brewing behind the scenes.

Whales are moving capital into Remittix—a lesser-known project delivering real-world utility. With cross-border payment features and a newly launched wallet, Remittix is starting to look like more than just another speculative play.

Traders Watch SHIB as Technical Patterns Hint at a Breakout

Shiba Inu (SHIB) is enjoying a short-lived rebound thanks to renewed interest in meme coins. However, questions remain about its staying power. The technical indicators are pointing to a possible break, with bullish divergence being created in the 2-day MACD and the momentum moving a little up. SHIB briefly hit $0.00001212 in early July, sparking optimism among loyal holders.

Analyst Javon Marks even projects a possible rise to $0.000032. Yet despite these flashes of momentum, SHIB’s recent gains remain modest—up just 2.4% on the week—and heavy selling pressure continues to cap its upside. Many traders see this as another rally fueled by sentiment rather than substance. That’s why larger investors are exploring alternatives with stronger fundamentals. 

Bonk Finds Momentum While Traders Watch Key Support Levels

Bonk Coin lit up the charts with a sharp 21% rally on July 4, becoming one of the day’s top performers. Speculation around a potential 2x BONK ETF by Tuttle Capital and excitement over its upcoming token burn sent trading volumes soaring to 2.9 trillion. The meme coin also crossed 1 million holders, giving its community fresh bragging rights. 

Meanwhile, the new LetsBonk launchpad surged past Pump.fun in market share, grabbing 55% and further boosting Bonk’s credibility in the Solana space. Analysts on X flagged a clean long setup if BONK can break above $0.00002342. But it’s not all smooth sailing — a fall below $0.00002095 could cut the rally short.

Still, even with this momentum, some whales are choosing to shift their capital into projects like Remittix, where long-term utility trumps short-term hype. Bonk may be fun, but serious capital prefers purpose over popularity.

Remittix Looks Set to Outperform Every Meme Coin This Year

While meme coin traders celebrate SHIB and BONK’s recent bounces, some whales are quietly pivoting toward a project with real-world legs. Remittix just revealed its official wallet ahead of a Q3 launch, and the response has been anything but quiet.

With support for 40+ coins and direct crypto-to-bank transfers, the buzz isn’t hype—it’s utility. Daily volumes are rising, early community numbers are climbing past 50,000, and entry bonuses remain live.

Unlike SHIB and BONK, which still rely heavily on sentiment, Remittix is built for scale, governance, and actual use. Its smart-contract architecture and liquidity incentives give it the infrastructure of a serious DeFi contender. As attention drifts from memes to meaning, RTX is where the smarter money is heading.

Discover the future of PayFi with Remittix by checking out their presale here:

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Top Cryptos to Invest In: Why Gamers and Investors Are Rushing to Buy AurealOne – AurealOne Could Be the Next 100x Gem!!

Will Bitcoin Hit $1 Million in the Next 10 Years?

Bitcoin Price Hits Record $118K as Bulls Eye $120K Breakout

150% Launch Surge Predicted: Bitcoin Price Prediction Analysts Target Bitcoin Solaris as July’s Top Performer

Top 10 Cryptocurrencies to Buy on July 11