The meme coin market is seeing mixed signals as BONK rallies while Dogecoin faces pressure. BONK’s integration into Solana’s infrastructure and competitive edge in launchpad platforms have reignited demand, while DOGE struggles to maintain momentum amid shifting capital flows and fading ETF speculation. With BONK showing renewed activity and DOGE hovering near key support, traders are watching closely for the next big move.
BONK is changing hands at $0.00002234, up 4.77% in the past 24 hours but down 4.68% on the week. Its market cap has grown to $1.8 billion, with 24-hour trading volume jumping 211% to $632.9 million. The price has ranged between $0.00001972 and $0.00002327 in the last 24 hours.
The surge comes from institutional interest in Solana’s ecosystem, where BONK has become a core memecoin. And the Bonk.fun launchpad reclaiming market share from Pump.fun, boosting BONK’s utility.
On the chart, BONK price faces resistance at $0.000024 while support sits at $0.00002038. The RSI around 54 shows neutral momentum, while Bollinger Bands indicate price compression, hinting at a potential breakout. If BONK clears $0.000024, it could push toward $0.000026, while failure to hold above $0.000020 may invite a retest of $0.000019 levels.
Dogecoin trades at $0.2166, down 0.87% in 24 hours and 8.92% on the week. Its market cap stands at $32.65 billion, with 24-hour trading volume up 43.9% to $2.55 billion. Price action shows a narrow band between $0.21 and $0.2192, far below its $0.7376 ATH.
DOGE weakness comes from capital rotating into AI and DeFi narratives and cooling speculation around a potential DOGE ETF, after Bitwise’s update failed to excite markets.
The chart shows DOGE price holding above support at $0.2106, with resistance at $0.245. The RSI at 46 suggests mild bearish momentum, while price hugging the lower Bollinger Band signals oversold conditions. A recovery above $0.219 could open the path to $0.230, but slipping below $0.210 could expose $0.200 levels next.
BONK is benefiting from institutional adoption within Solana’s ecosystem and increased utility through its Bonk.fun launchpad.
DOGE is seeing outflows as traders favor AI and DeFi themes, while ETF speculation failed to provide a strong catalyst.
Both are near technical pivot points. BONK’s breakout above $0.000024 could be bullish, while DOGE must hold $0.210 support to avoid deeper losses.
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