Is Bonk (BONK) Poised to Mirror Ethereum’s Momentum?

The cryptocurrency market experienced a steep downturn in early 2025, with Ethereum shedding over 45% of its value. This widespread downtrend has also impacted memecoins like Cat in a Dogs World (MEW) and Bonk (BONK), leading to sharp price declines over the past three months. However, recent trends suggest a potential resurgence for these coins. MEW has witnessed a significant breakout, surging 18% today, while BONK’s current price action indicates it might be preparing for a similar upward move.