Risk on, BONK out? Is PEPE gearing up to lead the next cycle?
2025-07-10 21:11:25
Main Idea
The article discusses the recent performance divergence between memecoins BONK and PEPE, analyzing whether PEPE could lead the next market cycle as risk appetite returns.
Key Points
1. BONK has shown strong performance with a 30% monthly gain, while PEPE has lagged behind despite a recent 11% rise in 72 hours.
2. BONK's late June to early July rally saw a near 90% increase, breaking key resistance levels, while PEPE only managed a 30% bounce from its low.
3. BONK's on-chain momentum surged with daily active addresses up 180% and new wallet creation up 140% week-over-week, while PEPE struggled to attract similar interest.
4. PEPE has shown signs of a potential comeback, with new addresses increasing and total holders reaching an all-time high of 11.42 million.
5. With BONK stalling at resistance levels, the article questions whether PEPE can capitalize on the next rotation of risk capital.
Description
BONK had its run, but with risk appetite back, is PEPE about to reclaim its crown?
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