BONK vs. Pepe: Can the Underdog Flip the Meme Coin Throne? Why TOKEN6900 Might Steal the Spotlight

The meme coin cage match heats up as BONK bulls eye Pepe's market cap—but dark horse TOKEN6900 lurks with 'generational wealth' promises (and we've heard that before).

Here's why degens are rotating bets in the great meme coin shuffle of 2025.

When the memes hit the charts

BONK's 30-day rally defies the 'dead cat bounce' narrative, with volume spikes suggesting more than just influencer pump-and-dumps. Meanwhile, Pepe holders cling to fading 'rare pepe' nostalgia like Wall Street bankers to their 2008 bonuses.

The wildcard? TOKEN6900's stealth liquidity pools and that mysterious 4chan dev team—because nothing screams trustworthy like anonymous coders and a token number that's definitely not a meme.

Memeonomics 101: Buy the rumor, sell the 'utility' whitepaper.

Investors are betting big on Bonk’s (BONK) upside, as a recent breakout on its daily chart helped it rise by more than 185% in July alone, making it one of the biggest gainers among top-tier meme coins. 

With the BONK’s total holder count already nearing 1 million, traders are eagerly awaiting a massive token burn that the team has promised to carry out once that milestone is reached. As BONK trades near a crucial resistance level, traders are now speculating if it could surpass rival Pepe to become the third-largest meme coin.

At the same time, a brand-new meme coin called TOKEN6900 (T6900) has quickly raised over $630,000 from investors chasing the next 100x opportunity. After the huge success of SPX6900, T6900’s transparent, zero-promises approach could position it as the next meme coin record breaker in this bull cycle.

Bonk Price Surges 185% After Bullish Golden Cross Formation

Bonk’s July rally has brought the Solana-based meme coin into the spotlight once again. The meme coin has increased in value by nearly 66% in just the past week, trading at $0.000037 at the time of writing. At a market cap of $2.9 billion, BONK is already the fourth-largest meme coin by market cap, behind only Dogecoin, Shiba Inu, and Pepe.

After breaking out of a classic descending channel in late June, BONK saw a streak of green candles that have helped it gain over 185% in about three weeks. This rally has helped BONK’s 20 and 50-day exponential moving averages (EMAs) jump above its 200-day EMA, confirming a bullish golden cross.

Looking ahead, BONK’s price could see a temporary pullback due to its overbought RSI reading and the immediate resistance NEAR the $0.00004 level.

But market commentators are confident about BONK’s long-term prospects. crypto analyst Unipcs reports that letsBONK.fun has held the top rank among launchpads for nine days, averaging a 67% market share and $1.2 million in daily fees.

BonkFun has maintained an average lead of 67.2% market share of the launchpad market over the past week

it has so far maintained its lead for 9 days straight now

it has consistently held 53 to 75% of market share over the past week

while generating an average daily fee of $1.2… pic.twitter.com/YPK0OIbBuw

He also mentions that with 58% of revenue used to buy-and-burn BONK, the annual buy pressure could reach $255 million. Due to these catalysts, the analyst believes BONK could soon reach a $10 billion market cap.

At that valuation, it WOULD overtake Pepe in meme coin rankings, assuming Pepe’s demand doesn’t increase exponentially in the meantime. Spurred on by these encouraging prospects, letsBONK.fun’s revenues hit $1.42 million on July 16, surpassing Pump.fun’s $709,000 amid increasing community engagement.

However, due to BONK’s recent overbought technical readings, traders are already rotating profits from BONK and other meme coins into presale gems like TOKEN6900 for higher upside.

Bonk’s Limited Upside Pushes Investors Towards TOKEN6900

Though Bonk could flip PEPE in its next bull cycle, it’s still a blue-chip meme coin with relatively limited upside. That’s why experienced investors are pouring their capital into TOKEN6900, a presale-stage meme coin with the potential to go viral among crypto enthusiasts.

The T6900 meme coin is inspired by SPX6900 (SPX), which famously parodied the S&P 500 stock index and rewarded early investors with nearly 68 million percent returns since its 2023 launch. There’s a growing consensus among analysts that it would be challenging for SPX6900 to repeat such performance.

This is precisely why opportunistic meme traders are eagerly eyeing the T6900 as the next SPX6900 with 1,000x potential. In fact, crypto whales have already begun gobbling up T6900 tokens in its ongoing initial coin offering. One whale purchase of over $12,000 was recorded recently, anticipating a significant price increase after T6900’s exchange listing.

TOKEN6900’s entire branding revolves around a hefty dose of memes, early-2000s nostalgia, and blunt honesty, which comes as a breath of fresh air in a sector dominated by over-the-top promises that rarely materialze into anything concrete.

Buyers can still lock in the discounted price of $0.0066 before it increases in less than 24 hours. To buy T6900 before it sells out, visit TOKEN6900’s official website and connect a Web3 wallet. If you use Best Wallet, you’ll also find the token among its selection of best Upcoming Tokens.

You can also immediately stake T6900 for an annual reward of up to 93% during the presale phase.