With 2025 approaching, investors are preparing for another meme coin season, with PEPE and FLOKI positioned as potential winners. Both coins have formed bullish flag patterns on their weekly charts, indicating an upcoming breakout.
But which coin will emerge as the best-performing coin? As the cryptocurrency market continues to embrace meme coins, many analysts, including Lennox Gitonga, predict what is termed the "super meme coin cycle" in 2025. While Dogecoin (DOGE) has historically led, PEPE and FLOKI may closely follow. The real question is: which coin will yield greater returns by the end of this cycle?
Increasing expectations in Meme Coin projects
Analysts have identified bullish flag formations in both PEPE and FLOKI's weekly charts, indicating potential upward momentum after a period of consolidation. On PEPE's chart, higher lows as the flag pattern tightens suggest increasing buying pressure, potentially setting up for a stronger breakout. Similarly, FLOKI shows higher lows, albeit with less pronounced price volatility, indicating a more gradual accumulation phase.
When considering the volume and price movements of PEPE, the initial spike appears stronger compared to FLOKI, implying a stronger breakout setup. This initial spike has attracted notable market response, giving PEPE a potential advantage in the near future. Although the number of FLOKI holders with balances exceeding $10 million has increased, PEPE continues to attract more attention.
Data from IntoTheBlock shows that FLOKI wallet balances have increased by 27.58% over the past month, indicating accumulation or appreciation. Additional increases have been observed in other FLOKI holdings, with balances from $1 million to $10 million rising by 4.89%.
There has also been a significant increase in smaller FLOKI holdings, such as a 2.40% rise in balances from $10,000 to $100,000 and a 2.33% increase in holdings ranging from $100 to $10,000. Meanwhile, the adoption rate of PEPE has remained relatively stable over the past month at an average of 30.79%, peaking at 33.59% and dropping to 26.73%.
The adoption rate of FLOKI remains steady, although it has yet to catch up to the performance of PEPE. Despite the price volatility of PEPE, this stability in adoption may signal potential price stabilization or growth in the future.
Who will win?
Both meme coins have prospects, but analysts suggest that the market momentum of PEPE — including the stronger initial breakout and higher adoption rate — could help this coin outperform FLOKI in the upcoming meme coin cycle.