In the evolving world of cryptocurrencies, memecoin has proved its separate image, with some popular memecoins like Pepe and Bonk having turned out to be the strongest contenders.
Both originated from online culture and hype generated by communities, but they are currently developing into initiatives with unique goals and ecosystems. Which one, then, is most likely to rule the year?
In today’s informative piece, we will dive together to understand who will dominate whom in terms of prices.
Pepe (PEPE) origin and price outlook
Pepe is a memecoin that came to the market in 2023 from the iconic ‘Pepe the Frog’ meme, and with time, it gained huge traction with viral community support and massive early gains.
The community is known for being aggressive on social media and creating FOMO In early 2023, anonymous coders capitalized on this cultural familiarity by launching PEPE as a cryptocurrency on the Ethereum network.
PEPE’s grassroots appeal was aided by the fact that, in contrast to many other meme currencies, it had no formal roadmap at launch, no team allotment, and no presale.
PEPE’s ascent was swift. It started trending on sites like Reddit and X (earlier Twitter) within days of its inception. Following the success of Shiba Inu and Dogecoin, retail investors flocked in, expecting to ride the next big wave.
PEPE is criticized for being a purely speculative asset with little to no use, despite its widespread use.
Pump-and-dump cycles might occur since there are no dApps, formal development updates, or long-term use cases. Its price is still erratic, and investors are frequently cautioned to exercise caution.
PEPE is still traded and talked about a lot, though, particularly when the market is positive. It continues to serve as an example of the effectiveness of meme-based investment and has sparked spin-off tokens.
A quick dive into the prices of Pepe
According to data from CoinMarketCap as of writing, Pepe was trading at $0.00001322, and its market capitalization was $5.55 billion, and its trading volume is $2.68 billion.
Source: CoinMarketCap
Since its launch Pepe has traded at $0.00002825 recorded on December 09, 2024, and its lowest traded price is $0.0101062 on April 14, 2023.
Source: TradingView
It is worth noting that, Pepe’s price has surged around 52.47% in the weekly time frame, in the 30 days frame its prices grew 90.10%.
Yet in the year to date time frame its price is in loss of 33.62% as of writing it was exchanging hands above its 20, 50, 100 and 200 days exponential moving average.
If the bullish wind continues in the prices of Pepe, its annual resistance is $0.00004389, followed by $0.00004580 and $0.00004670.
Bonk (BONK) origin and price outlook
Bonk is a dog-themed memecoin launched in December 2022 and introduced on the Solana blockchain, BONK was airdropped to developers, NFT holders, and users throughout the Solana ecosystem in an effort to rekindle a sense of community following the FTX crash.
In contrast to other meme currencies, BONK is becoming more useful for micropayments, DeFi applications, and NFT markets. It has accelerated because of the community’s strong support and interaction with Solana initiatives.
NFT collectors, developers, and DeFi users were among the many Solana users to get an airdrop of 50% of the BONK supply. BONK’s early acceptance and viral popularity among the Solana community were greatly aided by this airdrop tactic.
BONK was marketed as a “community coin for the people” in contrast to numerous meme currencies made just for publicity. It was created to increase the usefulness and liquidity of Solana-based services and apps.
A quick dive into the trading price BONK token
According to data from CoinMarketCap, BONK is currently trading at $0.00002266 and has a market capitalization of $1.79 billion, and its trading volume $is 813.07 million.
Source: CoinMarketCap
BONK prices have noted a massive growth of 21% in a week, a surge of 105% has been observed in 30 days data available on TradingView states that a 28.68% growth has been observed in the prices has been observed in the 3 months time frame.
Despite bullishness in a shorter frame, Bonk lost 10.36% of its price in a half yearly time frame, 25.12% losses have been noted in the year to date time frame and in the 52 weeks time frame a loss of 7.06% has been observed.
Source: TradingView
As per experts the nearest visible resistance of BONK is $0.00002166 followed by $0.00002471 and $0.00002965. On the other hand its initial support levels are $0.00001178, $0.00000873 and $0.00000379.
Conclusions
PEPE and BONK have carved out strong identities in the memecoin space, driven by community enthusiasm and online culture.
While PEPE thrives on hype and viral momentum, BONK shows signs of growing utility within the Solana ecosystem. Their price movements remain highly volatile, but each holds potential in different ways.
The ultimate winner in 2025 will likely depend on broader market trends, developer activity, and sustained community engagement.
