Dogecoin (DOGE), Pepe (PEPE), and Bonk (BONK): Is the Memecoin Rally Back?

Memecoins are barking again—but is this rally built to last? Dogecoin (DOGE), Pepe (PEPE), and Bonk (BONK) are showing signs of life, sparking debates about whether they’re primed for another speculative surge or just another flash in the crypto pan.

### The Memecoin Resurgence

DOGE, the OG of joke tokens, is flirting with key resistance levels. PEPE, the frog-themed dark horse, has been hopping back into wallets. And BONK, Solana’s answer to dog-themed mania, is wagging its tail at traders. But let’s be real—this isn’t fundamentals at work. It’s pure, uncut market sentiment.

### Why Now?

Blame it on Bitcoin’s sideways grind or the eternal hope of retail bagholders. Memecoins thrive when boredom meets FOMO, and right now, the crypto crowd is itching for action. Just don’t ask if any of these tokens have actual utility—unless ‘making degens rich until the dump’ counts.

### The Cynic’s Take

Wall Street spends billions on quant models, while crypto traders YOLO into dog coins. Maybe the real disruption was the friends we gambled with along the way. One thing’s certain: if this rally has legs, it’ll be fueled by hype, not balance sheets. Buckle up.

$DOGE 70% rally about to reignite?

Source: TradingView

$DOGE has been on an absolute tear since breaking beyond a downtrend that first began back in December 2024. A 70% rise came to an end on Monday as the price fell back more than 22%. However, some longer candle wicks to the downside are perhaps suggesting that that a bottom has been reached. If there is any more downside, there is good support starting at $0.21, plus there is an ascending trendline just above this.

At the bottom of the chart, the Stochastic RSI has the indicators at the low, and they are rising again after a recent failed attempt. 

Source: TradingView

The weekly chart for $DOGE looks quite promising. Higher highs and higher lows have been made. This latest correction has resulted in the price coming back to test the horizontal support at $0.23. It looks like the rally beyond the descending trendline is going to continue.

$PEPE is finding support - rally to come

Source: TradingView

The 4-hour chart for $PEPE shows that after the price escaped out of the descending channel, it then formed an ascending channel. This latest market correction has forced the price out of the bottom of this channel, and it is currently resting on horizontal support at $0.000012. That said, the measured MOVE out of the channel could take the price close to the $0.0000114 horizontal support if it should fully play out.

Source: TradingView

The weekly view for $PEPE gives the impression that the $0.000012 horizontal support is continuing to hold strong. If the bulls can engineer a bounce from here, and take out the local high at $0.000016, then $0.000018 followed by the all-time high, WOULD be the next targets.

$BONK one of the few cryptos in the green

Source: TradingView

In a sea of red, $BONK is one of the only altcoins to be in the green on Thursday. As can be seen in the weekly chart above, the $BONK price is maintaining above the support at $0.000032. Once the market changes back to positive, $BONK may get back to the $0.000039 resistance. If the bulls can break this, and confirm above, the all-time high would be attainable. 

However, the indicators for the Stochastic RSI are at the top. They will need to bounce around and stay above the 80.00 level. This is a good possibility.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.