The meme coin market is flashing mixed signals this week. While the broader crypto market has cooled, speculative interest hasn’t vanished, it’s simply shifting. Shiba Inu (SHIB) has stumbled after a damaging protocol breach, Pepe (PEPE) is flashing early signs of a trend reversal, and a rising PayFi token, Remittix (RTX), is quietly absorbing the capital flow from cautious retail buyers.
Shiba Inu Price Falls After Shibarium Hack
SHIB is trading near $0.00001307 after a steep slide sparked by a major exploit on Shibarium, its main DeFi protocol. The attacker used a flash loan of 4.6 million Bone ShibaSwap (BONE) tokens worth roughly $2.3 million to gain control over 10 of 12 validator keys. That access allowed them to approve false state checkpoints and drain 224 Ethereum (ETH) and 92.6 billion SHIB, over $2.2 million combined.
The hack has clearly rattled sentiment around Shiba Inu. The price has slipped under its 50-week EMA, a level traders often see as a safety net for bulls. Right now, the chart is showing a tight triangle pattern inside a bigger bearish setup, which usually hints at more downside ahead.
If this plays out, SHIB could drift toward the $0.00000595 area, roughly 55% lower than where it’s trading now.
On-chain data also shows more retail holders moving their tokens out, while the usual whale activity has gone quiet. In short, the big players seem to be waiting on the sidelines until confidence starts to come back.
PEPE Price Gains Momentum on Bullish Setup
While Shiba Inu is stuck in the mud, Pepe is starting to show some life again. Sitting near $0.00001085, the meme coin jumped more than 10% over the weekend and is shaping what looks like a falling wedge, a pattern traders often spot just before a trend flips higher.
If PEPE can push out of that wedge and break above $0.00001285, momentum could pick up fast, with $0.000018 as the next big hurdle, about 65% higher from here. If things really heat up, $0.000020-$0.000021 isn’t out of reach either, which would be close to a 90% move.
Whale wallets have also started quietly adding again after months of sitting still, hinting that some seasoned traders see value at these prices. It’s still a volatile ride, but the mood has shifted from panic-selling to a cautious kind of optimism.
Remittix Offers a Hedge Against Volatility
Amid this turbulence, many traders are rotating into RTX as a hedge. Remittix is a PayFi token enabling crypto-to-bank transfers in over 30 countries. The project is fully CertiK-verified, holds the top prelaunch security rank, and has raised more than $25.9 million while selling 664 million tokens at $0.108.
Its Q3 wallet beta is live, offering real-time FX conversion, instant payouts, and 15% referral rewards in Tether (USDT). Designed with deflationary tokenomics, RTX is building a user base among freelancers, remitters, and global earners who want utility rather than speculation.
That blend of real-world use and early-stage growth potential is drawing investors seeking stability as meme coins churn.
Shiba Inu vs PEPE vs Remittix: What Traders Are Betting On
Right now, the market feels like it’s splitting into two camps. Shiba Inu is still trying to shake off the damage from the Shibarium hack, Pepe looks like it’s gearing up for a breakout, and Remittix is quietly winning over traders who want something more stable.
Those chasing fast moves are leaning into PEPE, hoping the momentum sticks. The more cautious crowd is parking their money in RTX, betting on its real-world payment use to hold value even when the hype fades.
Either way, it’s clear the market is starting to reward projects that can actually deliver, not just the ones that trend on social media for a week.
Meme Coin FAQs: Shiba Inu, PEPE, and Remittix
Right now, confidence is shaky. The hack hurt sentiment, and SHIB is stuck under key support levels. It may take time and a strong recovery plan before traders trust it again.
It’s possible. The chart is showing a bullish setup, and whales have started buying again. If momentum holds, PEPE could see a sharp move, but it’s still a high-risk, high-volatility play.
Because it offers real-world use. RTX lets users send crypto straight to bank accounts, so it’s seen as more stable than hype-driven meme coins. That mix of utility and upside is pulling in cautious investors.
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