From DOGE to BONK: Who’s Leading the Memecoin Charge?

• Memecoin supporters believe a rebound is imminent despite prevailing bearish pressure.
• DOGE is 73% down from its 2024 high.
• BONK and PEPE maintained a consistent pattern with DOGE in 2025.

The memecoin market has been under sustained bearish pressure for most of 2025, with leading tokens including Dogecoin (DOGE), Bonk (BONK), and Pepe (PEPE) all showing significant pullbacks from their recent highs. 

Nevertheless, core memecoin supporters believe in the future of this class of digital assets, and most consider the falling prices an opportunity to accumulate more volumes of digital assets for potential profits.

Dogecoin (DOGE): The Market Leader’s Retracement

Dogecoin is the “Bitcoin” of the memecoin ecosystem. It is the pioneer memecoin and the most established among the lot by market capitalization. Such leadership status confers an air of sentimental stability on Dogecoin. Hence, many crypto users believe a resurgence in the memecoin sector will begin with DOGE.

In the meantime, DOGE traded for $0.1625 at the time of writing, reflecting a 73% drop from a 2024 high that it achieved seven months ago. Memecoin advocates believe the cryptocurrency…

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