Bonk & Pepe Gain Momentum While Dogwifhat Drops—Is Memecoin Season Over or Just Beginning?

Memecoin mania is showing signs of rotation: Bonk has surged ~6–7% to ~$0.000018 on strong ETF buzz and burning catalysts, while Pepe trades near $0.0000098, down ~1–2% but buoyed by whale accumulation and bullish wedge breakouts. Meanwhile, Dogwifhat has slid ~4–10% intraday to ~$0.85, testing key support amid declining volume. Fundamentally, Bonk’s token burns and supply tightening, coupled with Pepe’s on-chain demand, suggest the memecoin mania may still have legs. 

Technically, Bonk and Pepe display bullish wedge breakouts, while WIF’s dip could mark a short-term bottom—watch for volume confirmation.

Bonk  

Bonk , Solana’s breakout memecoin, is once again attracting market attention as it gains upward momentum amid fresh hype surrounding potential ETF exposure and token burn events. Trading at approximately $0.00001874, the BONK price has climbed steadily in recent sessions, rising over 20% from weekly lows near $0.0000158—an encouraging sign for meme-token bulls.

• Despite the recent selling pressure, the BONK price remains within bullish influence as the token surges $0.00001558 to $0.00001627
• The momentum is rising as the price is approaching the upper resistance of the Gaussian Channel and a rise above the range could flip the prevailing bearish trend
• On the other hand, the CMF is rising and sustaining above 0, hinting towards the rise in the money flow onto the platform
• Therefore, if the BONK price manages to rise above the channel, it may reach the neckline of the double-bottom pattern at $0.00002776, slicing above the pivotal resistance between $0.00002495 and $0.00002632

Pepe  

PEPE coin is showing signs of technical strength amid renewed crypto market optimism. It is currently trading around $0.000009890 with a modest rise of over 1.69% in the past 24 hours but still remains within a tight consolidation range. This hints towards a potential breakout, offering a potential upside of more than 50%. 

• The PEPE price has been trading within a descending parallel channel but has formed a small ascending parallel channel within
• Interestingly, the CMF is dropping while RSI is making every attempt to keep the price elevated, holding the ascending support
• This suggests that the strength of the rally is coiling up but the money flow into the platform has decreased
• This may place the PEPE price at a crucial juncture as the token is required to break out of the resistance of the main channel to sustain within the ascending trend channel. Hence, the upcoming weekend could have a huge impact on the PEPE price, as a rise above $0.00001 could invalidate the bearish thesis. 

dogwifhat  

The WIF price is trading at $0.8395, facing a 3.15% pullback in the past 24 hours; however, the weekly gains are around 4%. The trading volume has also displayed a notable rise, while the on-chain metrics also signal renewed momentum as the buyers accumulate more than 72 million WIF. Besides, the open interest is also up by 25%, hinting at a bullish bias; meanwhile, the technical indicators suggest mixed sentiments. 

• The WIF price faced rejection from the resistance of the descending expanding channel while facing constant bearish pressure
• With this, the Gaussian channel has turned bearish, hinting towards a continued descending trend that may drag the levels to the support at $0.78
• On the other hand, the MACD displays a drop in the buying pressure while the levels are heading for a bearish crossover
• The current trade setup suggests bears gaining dominance that could further drag the levels lower, followed by a bullish rebound that may breach the resistance and enter the resistance zone between $1.04 and $1.1.