HomeCryptoDogecoin, Bonk, and Pepe: are crypto memes still funny?

Dogecoin, Bonk, and Pepe: are crypto memes still funny?

The crypto meme (memecoin) continue to grow in terms of market capitalization, with Dogecoin, Bonk, and Pepe among the top 4 in the category. 

But are their projects still fun? Here is a table with the latest news and price fluctuations of BONK, PEPE, and DOGE. 

Dogecoin, Bonk and Pepe: at the top of the crypto meme ranking

On CoinMarketCap, you can see the ranking of meme cryptocurrencies by market capitalization. 

At the time of writing, Dogecoin (DOGE) is in first place, with 13.7 billion dollars, in third place is BONK with 900 million dollars, while PEPE is in fourth place, with over 603 million dollars of market cap. 

Numbers that seem to always be growing, even though the price of each token is below $1, and by a lot. 

In fact, at the time of writing, while DOGE is worth $0.0965, BONK is worth $0.00001476 and PEPE, even less, $0.000001445

Considering that along with Shiba Inu, these memecoins are among the most popular, one wonders if meme crypto projects in general are still fun.

There are those who argue that memecoins are the ruin of the crypto market since in this category there are then so many meme tokens that have turned out to be scams. For example, many memecoins have been designed to exploit the cryptocurrency’s affiliation with social media and quickly steal people’s money.

On the contrary, Dogecoin, Bonk, and Pepe seem to be the ones that have, instead, lifted the spirits of the crypto market. 

Dogecoin, Bonk and Pepe: lifting the spirits of the crypto market

The stories behind Dogecoin, Bonk, and Pepe are very different, but who knows, maybe what they have in common is the desire of the three projects to uplift the spirit of the cryptocurrency market. 

Dogecoin, for example, boasts of being the first meme dog of the market, even supported by the richest man in the world at that time, Elon Musk, CEO of Tesla and SpaceX. 

Its growth has broken the ice for all other memecoins, although some have turned out to be scams, but not all. To date, market sentiment for DOGE still seems to be positive, with the Fear and Greed index scoring 65. 

Even BONK seems to have arrived at a time when the Solana (SOL) ecosystem was in desperate need of good vibes and it appears to be enjoying some good support. 

Just in these days, BONK has even conquered Coinbase, which has listed it on the crypto-exchange.

“Coinbase will add support for Bonk (BONK) on the Solana network (SPL token). Do not send this asset to other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in supported trading regions.”

And finally, there is Pepe, the memecoin that made its debut in mid-April 2023, inspired by the famous meme that has been circulating on the Internet for years, Pepe The Frog. 

This inspiration, although not directly related, has amused the crypto community for a while, inflating its market cap, but already in August 2023, the first doubts arose, suggesting that maybe PEPE has been overvalued. 

BONK records a +44% pump in the last 24 hours

The news of the listing on Coinbase caused the price of BONK to skyrocket, recording a pump of +44% in just 24 hours. 

Actually, BONK was initially added to Coinbase’s roadmap, while its trading on the platform can start today, provided that liquidity conditions are met. 

BONK was born last year, in December 2022, as the first cryptocurrency dedicated to dogs on Solana. 

Since its launch, BONK has recorded a sensational boom in just a few days, which for many has been pure speculation. As a result, SOL, Solana’s native crypto, has also benefited from the initial boom of BONK, recovering 40%.

Considering this connection, even the current situation does not seem different. In fact, the BONK pump has caused SOL to rise by +10% in the last 24 hours. At the time of writing, SOL is worth $71. 

Stefania Stimolo
Stefania Stimolo
Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.
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