Why Solana Meme Coins Bonk, Pengu And WIF Are Seeing A Slowdown In August

Why Solana Meme Coins Bonk, Pengu And WIF Are Seeing A Slowdown In August
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Market Trends
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Solana meme tokens BONK, PENGU, and WIF have cooled off noticeably in August. Although these tokens were popular in the first half of 2025, the activity has slowed, and investors are waiting to see whether a rebound can occur. 

Amid this transition, Remittix (RTX) is becoming a viable utility-based alternative that is gradually rising due to its practical payment use and the fact that it has increased investors.

BONK Price Slides Amid Low Project Graduation While PENGU Consolidates in Bullish Flag Formation

BONK is currently priced at $0.00002207, down 3.56% over the last 24 hours with a trading volume of roughly $172.9 million. The Solana ecosystem launchpad, Bonk.fun, has only graduated a single project recently, signaling slowing momentum across the ecosystem. Investors are now weighing whether BONK can sustain its earlier hype, as repeated dips challenge the token’s short-term bullish potential.

Meanwhile, PENGU is holding near $0.033 after entering a bullish flag consolidation. The range between $0.031–$0.035 has allowed the token to reset momentum without losing structure. Analyst Shiv notes that PENGU has seen growing interest beyond the meme narrative, attracting institutional attention and ETF discussions, which could set up the token for a future breakout. 

WIF Maintains Support as Momentum Builds

WIF has shown strength and it is buttressed by an upward sloping trendline around the range of 0.80-0.85. Recent intraday price action saw the price rebound off lows of around the $0.82 to highs of around the $0.92 mark, which is an indication of high liquidity and dip buying.

Analysts have upside targets of around $1.20 and up to $1.345, but it is important that the trendline is maintained.The token’s market cap of roughly $886M and trading volume near $489M suggest continued participation, but August’s slowdown limits parabolic moves.

Remittix: A Utility Altcoin Outpacing Solana Meme Coins

Remittix (RTX) currently stands at $0.0987, having sold over 618 million tokens and raised more than $21.2 million, making it one of 2025’s standout utility-focused projects. While Solana meme coins like BONK, PENGU, and WIF are seeing temporary slowdowns, Remittix benefits from real-world use cases, cross-border payments, and a growing investor base.

Remittix (RTX)

What Makes Remittix Stand Out

  • Wallet Beta Launch Q3 2025: Mobile-first, seamless payments.

  • Global Payout Rails: Already integrated across key markets.

  • Utility-First Token: Real transaction volume drives adoption.

  • Built for Adoption, Not Speculation.

  • Ideal for Freelancers, Remitters, Global Earners.

This combination of real utility, strong fundamentals, and upcoming catalysts positions Remittix to outperform Solana meme coins in the current market climate.

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

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