$DOGE's market value has increased by over $35 billion in just a few weeks, which is truly astonishing! However, a series of indicators suggest that $BONK is likely to outperform DOGE significantly.
Last weekend, on Coinbase, the largest centralized exchange (CEX) for American retail users, BONK's trading volume briefly surpassed that of DOGE. Moreover, in the public's perception, BONK has recently overtaken DOGE.
Another astonishing data point from last weekend is that BONK's trading volume on Coinbase once exceeded the total of all major memecoins (including $DOGE, $SHIB, $PEPE, and $WIF).
In addition, BONK is expected to burn up to 1 trillion tokens before Christmas, which is valued at $50 million at current prices. What does this mean?
This indicates that BONK has demonstrated remarkable strength even when facing DOGE, which has a market value 14.5 times greater, and that BONK is a hyper-deflationary asset, while DOGE is an inflationary asset. This difference could further widen the performance gap between the two in the market.
