Pepe (PEPE) vs Bonk (BONK): Which One Should You Hold in 2025?

Bittime - Meme coin Pepe (PEPE) vs Bonk (BONK) is unique, both in terms of origin, price performance and ecosystem. 

However, which one has more potential for you to hold in 2025? Read this article to find out more!

Origins of Pepe (PEPE) vs Bonk (BONK) 

For comparing Pepe (PEPE) vs Bonk (BONK), you must first know the origins of these two meme coins. 

Baby (BABY) inspired by the character Pepe the Frog, who first appeared in the comic "Boy's Club" in 2005 and became popular on platforms such as MySpace and 4chan in 2008. 

Since 2021, various Pepe the Frog-based tokens have begun to emerge, but only PEPE has managed to reach a market capitalization of more than $1 billion.

Meanwhile, Bonk (BONK) inspired by the meme of a Shiba Inu being hit by a baseball bat with a "bonk" sound. This meme has been popular since 2019 and the BONK token was launched in December 2022 on the Solana network.  

Read Also: Pepe (PEPE) vs Book of Meme (BOME): Comparison of the Most Unique Meme Coins

Price Performance of Pepe (PEPE) vs Bonk (BONK) 

Next, to compare Pepe (PEPE) vs Bonk (BONK), let's look at the price performance of these two meme coins. Pepe (PEPE) launched in April 2023 at $0.000000190122 and peaked at $0.00001665 in May 2024. 

Even though it has fallen 45% from its high, PEPE has still recorded a gain of 4,686% since launch. With a market capitalization of $3.8 billion, PEPE is the third largest meme coin after DOGE and SHIB.

Meanwhile, Bonk (BONK) started its journey at $0.000000090414 and shot up to $0.00004704 in March 2024, bringing returns of up to 28,000% to its initial holders. 

Currently, the price is down 55% from its peak, but still registers an increase of 19,024% from the initial price. BONK's market cap currently stands at around $1.4 billion.

Read Also: Pepe Coin (PEPE) Price Prediction 2024: How much can it increase by the end of the year?

Tokenomics of Pepe (PEPE) vs Bonk (BONK) 

To compare Pepe (PEPE) vs Bonk (BONK), let's also look at the tokenomics of these two meme coins. 

Pepe (PEPE) has a total supply of 420.69 trillion tokens, with 93.1% allocated to liquidity and 6.9% to CEX. PEPE distribution is more decentralized, with the 5 largest wallets holding only 38% of the total supply. 

Meanwhile, Bonk (BONK) has a total supply of 1 trillion tokens allocated to community incentives (40%), marketing (30%), liquidity (20%), and team (10%). 

The BONK token also has a token burn mechanism to reduce supply and increase value. However, BONK distribution is relatively centralized, with the 5 largest wallets holding 57% of the supply.

Read Also: BOME Price Prediction 2024-2030: Can $0.27 Target Be Achieved?

Ecosystem and Utility of Pepe (PEPE) vs Bonk (BONK) 

Next, to compare Pepe (PEPE) vs Bonk (BONK), let's also look at the ecosystem and utility of these two meme coins. 

Pepe Ecosystem (BABY) more limited, with several NFT marketplaces such as OpenSea and Rarible accepting these tokens as a means of payment. 

PEPE can bridge between Ethereum, Arbitrum, and BNB, but supports less interoperability than BONK.

In contrast, Bonk (BONK) has a broad ecosystem, including NFT marketplaces such as Solanart and Magic Eden, and is used as a means of payment in various games and applications such as BonkVerse and Moonwalk. 

The BONK token also bridges 10 other blockchains, including Ethereum, BNB, and Polygon, and strongly supports interoperability.

Read Also: Top 5 Meme Coins Worth Buying at the End of 2024

Pepe (PEPE) vs Bonk (BONK): Which One You Should Hold?

So, based on the comparison between Pepe (PEPE) vs Bonk (BONK) above, which one should you hold in 2025? 

Pepe (PEPE) offers better decentralization and a larger market capitalization, while Bonk (BONK) excels in a broader ecosystem and diversified utilities. 

If you are looking for a meme coin with the potential for wide adoption and a growing ecosystem, BONK may be more interesting. However, if decentralization and community loyalty are your priorities, PEPE could be a better choice.

Read Also: 5 Best Meme Coins on the SUI Network

Meme Coin FAQs

What is Meme Coin?

Meme coins are a type of crypto asset inspired by viral memes on the internet. 

Is Meme Coin a Good Investment?

Meme coin is a crypto asset with high volatility so it is suitable or good for investors who hope for short-term profits.

Which Meme Coins Have Reached $1?

There are several meme coins that have now reached the $1 level, such as Popcat (POPCAT), Dogwifhat (WIF), and Peanut the Squirrel (PNUT).

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Reference

Katya V., BONK vs PEPE: Frogs or Dogs?, accessed December 27, 2024.

Author: IPR