In order to battle new Titans Shimo and Skar King, Godzilla will take an evolutionary leap forward, enhancing his physique and increasing the power of his abilities. Whether this evolutionary leap is done by himself or with the aid of another Titan (like Mothra) we still don’t know, but we do know the film will show us Godzilla going through this evolution thanks to official marketing noticed on the back of GxK Toys:
While some are asking the question - why pink? The funny thing is - Pink Light doesn’t actually exist. Rather, it’s a blending of Purple and Red light - the shortest and longest light wavelengths.
The Red we can akin to Godzilla’s Thermonuclear mode while Purple however, represents a much higher wavelength energy on the electromagnetic spectrum:
Due to this understanding we can assume the visibly pink color can represent a dual-power up of both Godzilla’s infamous Thermonuclear state and a higher energy output state, one could call the Gamma state. Dare we dub him, Gamma Goji?

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