Key Takeaways
What did the price charts reveal about PEPE and BONK?
Both continue to trade within descending channels. However, while PEPE faces selling inflows, BONK enjoys buying outflows.
Which memecoin has stronger growth potential for the rest of 2025?
PEPE leads in size, yet BONK’s 9.77% Open Interest surge and 108% rally potential hinted at faster speculative growth.
Pepe [PEPE] and Bonk [BONK] are trading higher today, each reflecting contrasting dynamics in the memecoin sector.
PEPE gained by 4.89% in the last 24 hours, trading at $0.000009646 with a market cap of $4.05 billion. Its daily volume also rose by 18.02% to $551.22 million.
BONK outpaced PEPE in percentage terms, climbing by 6.83% to $0.00002021 with a $1.64 billion market cap and $280.5 million in 24-hour volumes.
This divergence is evidence of PEPE’s dominance in size and liquidity, while BONK pushes forward with stronger relative gains. This could set the stage for an intriguing battle of momentum.
Price action comparison between PEPE, BONK
At the time of writing, PEPE’s price seemed to be trading within a descending channel, with the same shaping its price structure since mid-July. The altcoin recently rebounded from the 0.00000900–0.00000920 support zone – A range where strong buying interest has repeatedly emerged.
Immediate resistance lay at 0.00001192, representing a possible 28% rally from the press time base, while the secondary ceiling at 0.00001273 hinted at a 38% upside.
If bulls force a breakout above the channel, PEPE could climb towards 0.00001450, equating to nearly a 60% rally.
However, sustained exchange inflows may be a sign of sustained selling pressure. This would mean that upside potential will remain capped, unless buying momentum strengthens considerably.
Source: TradingView
BONK has also been trading within a descending channel, mirroring PEPE’s broader structure. The token bounced strongly from its 0.00001800–0.00001900 demand zone, where accumulation signals appeared to be clear.
Its first major resistance sat at 0.00002775, implying a potential 46% rally from its support levels.
A confirmed breakout above the channel could extend gains towards 0.00004000, representing an explosive 108% rally from the base.
Unlike PEPE, BONK can benefit from persistent outflows, reducing available supply on exchanges, and stronger technical tailwinds.
This might position BONK for a more aggressive recovery trajectory, compared to PEPE’s restrained outlook.
Source: TradingView
PEPE faces selling flows while BONK signals buying strength
Exchange flow data underlined a clear difference in investor activity. PEPE recorded $2.36 million in inflows, meaning tokens moved into exchanges and hinted at selling pressure.
This meant that holders may be looking to take profits, creating headwinds for near-term rallies.
On the contrary, BONK recorded -$651.87K in outflows – A sign of buying pressure as tokens exited exchanges and reduced the available sell supply. Such behavior often alludes to accumulation and is a sign of stronger hands building exposure.
Such a split also reflects how traders perceive risk differently, with PEPE facing more immediate pressure than BONK.
Source: Coinglass
Open Interest surge shows BONK outpaces PEPE in growth
Finally, the Open Interest seemed to offer another crucial angle in comparing the two memecoins. While PEPE still dominates in scale, with $588.56 million recorded, its growth stood at only 3.16%.
BONK, while smaller in absolute terms at $26.10 million, posted a sharper 9.77% hike. This higher percentage surge might hint at more aggressive speculative positioning in BONK.
By extension, this would mean that traders are showing willingness to expand exposure to BONK at a faster pace than PEPE. Despite the difference in size.
Such a pattern could be a sign of rising confidence in BONK’s near-term trajectory. Even as PEPE retains market dominance.
Source: Coinglass
PEPE or BONK – Who takes the lead?
PEPE and BONK present contrasting outlooks, with PEPE maintaining a larger market presence but exhibiting heavier selling pressure.
BONK, meanwhile, benefits from buying flows and stronger Open Interest growth – A sign of greater speculative demand.
What this means is that while PEPE dominates in size, BONK has been gaining momentum at a faster pace. Based on these metrics, BONK may be better positioned to finish 2025 stronger than PEPE.