[Coin Big Data] Memecoin rally resumes... PEPE vs BONK trend

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▲ Source: Revolut

PEPE, which attracted attention as a rival to Dogecoin (DOGE) last year, recorded a decline for a while, but then recorded a double-digit rally in one day. Pepe appeared to be trying to regain its popularity that had seemed to have cooled for a while, taking the top spot on CoinMarketCap's trending search terms along with a long-awaited rise in price.

BONK, another memecoin that claimed to be a Dogecoin rival, also recorded a rally of nearly 30% in one day, attracting the attention of many investors.

What do the public think about Pepe and Bonk? Let’s check it out with the big data analysis platform Some Trend.

▲ Source: Some Trend

Pepe vs Bonk, what is the trend in the amount of mentions?

In the week from April 17 to April 23, Pepe was mentioned 115 times and Bonk 21 times.

▲ Source: Some Trend

▲ Source: Some Trend

▲ Source: Some Trend

▲ Source: Some Trend


Pepe vs Bonk, what are the images and key emotional words?

Pepe's image was confirmed to be positive, with 69% positive, 21% negative, and 9% neutral. Among the major emotional words, positive expressions include 'cute', 'delicious', 'good atmosphere', 'expectation', 'sincere', 'neat', 'preferred', and 'savory'. Negative expressions include 'difficult' and 'insufficient', while neutral expressions include 'not bad', 'different', and 'salty'.

Bonk's image was confirmed to have a positive image, with 67% positive, 33% negative, and 0% neutral. Among the major emotional words, positive expressions include ‘it’s okay’ and ‘a great help.’ A negative expression is 'difficult', but there is no neutral expression.

Major issues related to Pepe and Bonk

Coinbase International Exchange, a cryptocurrency derivatives trading platform under Coinbase, announced the listing of Pepe perpetual futures on the 23rd. On the 18th, 1000PEPE-PERP, traded at 1000 times the market price, was scheduled to be listed, but the listing schedule was delayed.

Crypto News, a digital asset news platform, presented a TradingView chart and reported that Pepe had formed a strong trend. The Pepe price rise continued even after the golden cross was formed two days ago, where the 30-day average line intersects the 200-day average line. This means that buying pressure is high.

On the 22nd (local time), British fintech company Revolut officially announced that it would support trading of Bonk, a meme coin based on Solana (SOL).

According to NewsBTC, Revolut supports Bonk trading to over 40 million users in 150 countries. Bonk can be purchased in 25 fiat currencies, including euros, pounds, and dollars.

Pepe Bonk, what is today’s price?

As of 4:38 p.m. on April 24, according to CoinMarketCap, the price of Pepe is $0.000007974, up 18.88% from the previous day, and the price of Bonk is $0.0000265, up 31.33%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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