Why DOGE, SHIB, PEPE and BONK Prices Are Rising Today

why doge shib pepe bonk prices are rising today thumbnail

DOGE, SHIB, PEPE and BONK prices are rising as crypto traders rotate back into higher-risk tokens after June 24, 2025 ceasefire headlines eased immediate geopolitical stress around the Iran-Israel conflict. The move was broad, but not uniform, with PEPE and BONK posting much sharper gains than DOGE and SHIB in the same 24-hour window.

CoinGecko data cited in the research brief showed DOGE up 6.1% to $0.1012, SHIB up 6.4% to $0.000006235, PEPE up 19.9% to $0.000004029, and BONK up about 10.1% to $0.000006530 over 24 hours.

That rebound followed nearly two weeks of market stress. The Pentagon said the Iran-Israel conflict ran from June 13 to June 24, 2025, a timeline that matches the period of instability referenced in the market narrative around the selloff and rebound.

DOGE, SHIB, PEPE and BONK Lead the Meme Coin Rebound

The rally had clear participation across large and small meme coins, but the scale differed sharply by token. DOGE remained the biggest name in the group with a roughly $15.47 billion market cap and about $2.07 billion in 24-hour volume, while SHIB held a market cap near $3.67 billion with about $151.35 million in daily turnover.

PEPE and BONK moved more aggressively. PEPE’s market cap stood near $1.69 billion with roughly $980.98 million in 24-hour volume, while BONK traded around a $574.32 million market cap with about $121.57 million in daily volume.

Those figures matter because they show this was not an isolated tick higher on thin trading. Volume expanded alongside prices, which usually signals broader participation rather than a narrow move driven by a few orders.

Top Meme-Coin Move
+19.9%
PEPE in 24 hours
Research-cited CoinGecko data showed PEPE posting the strongest 24-hour gain among DOGE, SHIB, PEPE and BONK. Source: CoinGecko

The spread between PEPE’s 19.9% jump and DOGE’s 6.1% rise also answers an important part of the search intent here. All four coins were higher, but calling the move identical would overstate the case, because traders clearly favored the more speculative end of the meme-coin complex.

How the Iran-Israel Ceasefire Helped Trigger a Crypto Risk-On Bounce

The initial shock came on June 13, when Middle East tensions hit risk assets across the board. The CCPress previously reported that the first conflict-driven wave caused more than $1 billion in crypto liquidations, wiping out leveraged positions across the market.

That backdrop helps explain why the reversal was so sharp after June 24. Once ceasefire headlines hit, traders moved quickly back into crypto, and CoinDesk reported a broad rebound across Ether, Solana and Cardano, while DOGE also gained roughly 4% to 6% in the same post-announcement window.

The conflict window itself is anchored by an official source. A Pentagon item published after Israeli Prime Minister Benjamin Netanyahu’s June 25, 2025 visit said the fighting between Israel and Iran ran from June 13 to June 24, reinforcing the idea that the rally followed a sudden reduction in geopolitical risk rather than a new meme-coin-specific catalyst.

DOGE Snapshot
+6.1%
DOGE in 24 hours
DOGE also moved higher in the 24-hour window cited in the research, reinforcing the broader crypto risk-on bounce. Source: CoinGecko

The CCPress separately noted that the ceasefire headline lifted the wider crypto market, with Bitcoin and Ethereum helping set the tone before speculative altcoins accelerated. That sequencing matters, because it suggests meme coins were reacting to a broader change in sentiment, not driving the market on their own.

Augustine Fan, quoted by CoinDesk after the ceasefire headlines, said, “We think the market will soon normalize and move on from the latest geopolitical episode.” That is a measured description of what the price action looked like, a macro scare hit the market, then a relief rally followed when the immediate threat appeared to ease.

Why Meme Coins Are Outperforming Bitcoin and Ethereum in This Recovery

Meme coins usually exaggerate the direction of the broader market. When traders become defensive, they often sell them faster than majors such as Bitcoin and Ethereum; when risk appetite returns, the same tokens can rebound harder because they are more sentiment-driven and more thinly anchored to fundamentals.

That dynamic appears to be in play here. DOGE and SHIB joined the general altcoin bounce, but PEPE and BONK delivered much larger percentage gains, which fits a classic risk-on rotation back into smaller and more speculative assets.

The available evidence does not support a cleaner project-specific explanation. The research brief found no meme-coin regulatory trigger, no major exchange listing tied to all four names, and no direct issuer announcement that would explain the rally coin by coin.

That leaves sentiment as the best-supported explanation. Reduced geopolitical stress improved risk appetite across crypto, and meme coins, especially PEPE and BONK, amplified that move more aggressively than the large-cap tokens that led the initial rebound.

Whether the gains hold is a separate question. For now, the strongest conclusion is narrower: DOGE, SHIB, PEPE and BONK rose as the market priced in lower immediate conflict risk after June 24, 2025, with the sharpest upside concentrated in the most speculative meme coins.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.

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