Bitcoin continued to commerce beneath the round-number $90k. The native resistance at $94k had been assailed twice in December, and Bitcoin [BTC] bulls have been met with rejection on each events.
This translated to market-wide bearishness. The Crypto Concern and Greed Index was at 16 to replicate excessive concern circumstances.
The memecoin market has suffered in 2025, and its mascot Dogecoin [DOGE] was down 57.64% from the yr’s excessive.
FLOKI and dogwifhat have been among the many widespread memecoins, and their comparability was fascinating as a result of their market capitalizations have been $400.3 million and $369.6 million, respectively.
Which coin has a greater likelihood of outperforming the opposite within the subsequent cycle?
WIF vs. FLOKI- Whales vs. community exercise
In a latest report, AMBCrypto noticed an fascinating angle to the dogwifhat [WIF] vs Floki [FLOKI] debate.
For comparability, on-chain metrics confirmed large spot orders from whales for WIF. In the meantime, FLOKI’s provide distribution confirmed promoting stress from whales.
This gave WIF the benefit by way of whale accumulation. One other issue units the memecoins aside as properly.
Utilizing Santiment knowledge, the every day lively addresses for every token have been measured. The FLOKI exercise was a lot greater than WIF’s, and constantly so.
The WIF vs. FLOKI face-off by way of lively addresses was no contest — FLOKI wins palms down.
The Weighted Sentiment, which accounts for social media engagement to evaluate sentiment, confirmed the WIF engagement (white) was predominantly bearish.
Then again, FLOKI noticed bouts of bullish engagement and on-line hype.
FLOKI’s bearish energy
Supply: WIF/USDT on TradingView
Whereas this appears to provide FLOKI a bonus within the WIF vs. FLOKI battle, value motion have to be accounted for as properly.
The 1-day chart of WIF confirmed a bearish development and construction, however the long-term assist at $0.304 has been defended in latest weeks.
Supply: FLOKI/USDT on TradingView
In distinction, FLOKI dropped beneath a key long-term assist stage at $0.000045. The weekly shut beneath this stage was an indication of capitulation from consumers.
Extra draw back is probably going for each memecoins, however FLOKI might undergo extra.
Closing Ideas
- The on-chain metrics confirmed that WIF has whale consumers, however FLOKI dominates by way of lively addresses.
- Each memecoins have been dealing with extreme drawdown this yr, however FLOKI’s state of affairs regarded worse after it misplaced a key assist it had defended twice in 2025.
Disclaimer: The knowledge offered doesn’t represent monetary, funding, buying and selling, or different kinds of recommendation and is solely the author’s opinion