- Pepe and FLOKI showed similar bullish patterns on their weekly charts.
- Both will feature in the upcoming memecoin supercycle.
As 2025 approaches, traders are gearing up for what could be another meme season, featuring Pepe [PEPE] and Floki [FLOKI] promising for potential profits.
Both coins form bullish pennant patterns, signaling potential breakouts. The question is: which one will perform better? The crypto market has embraced memecoins as a vital sector.
A bullish 2025, dubbed the “memecoin super cycle,” is highly anticipated.
Dogecoin [DOGE] leads this optimistic phase, with other coins such as Pepe and FLOKI not far behind. Traders are now looking for coins that can deliver profits at the end of the cycle.
Bullish pennant on Pepe and FLOKI
Pepe’s and FLOKI’s similar bullish pennant patterns on their respective weekly charts indicated potential upside moves after consolidation within tighter price ranges.
Pepe’s chart showed a steady formation of higher lows as it neared the top of the pennant, indicating that buying pressure is building and could trigger a breakout.
Similarly, Floki showed higher lows, although price swings within the pennant were less pronounced, indicating a more gradual accumulation phase.
Source: TradingView
Given Pepe’s volume and price action, it appeared to have a stronger lineup with a sharper initial peak before entering the pennant
Compare balances and new adoption rates
Pepe’s initial price spike was more pronounced than FLOKI’s, indicating a more dynamic market response. This difference could indicate a stronger breakthrough potential for the former.
Despite FLOKI’s notable balance increase among holders by over $10 million,
Pepe seemed more favourite. FLOKI’s balance has grown by 27.58% over the past 30 days, due to accumulation or valuation gains according to InTheBlok.
Other categories of FLOKI holders also saw growth, especially the $1 million to $10 million category, which rose 4.89%.
Source: IntoTheBlock
Smaller businesses saw a modest increase, with the $10,000 to $100,000 bracket increasing 2.40% and the $100 to $10,000 bracket increasing 2.33%.
Meanwhile, Pepe’s new adoption rate has remained steady over the past 30 days, averaging around 30.79%. This percentage peaked at 33.59% and fell to a low of 26.73%. InTheBlok.
In contrast, FLOKI’s adoption rate stabilized but did not match Pepe’s performance. This stability in Pepe’s adoption rate, despite price volatility, could signal future price stability or growth.
Source: IntoTheBlock
Realistic or not, here is FLOKI’s market cap in PEPE terms
And the winner is…
While both show potential, Pepe’s market dynamics, including a more pronounced initial peak and higher adoption rates, suggest it could outperform FLOKI in the coming memecoin supercycle.
If these trends hold, those who believe “ETH is dead” may be mistaken, as Pepe may lead in terms of performance.