{"id":14585,"date":"2025-08-13T12:35:44","date_gmt":"2025-08-13T11:35:44","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14585"},"modified":"2025-08-13T12:35:46","modified_gmt":"2025-08-13T11:35:46","slug":"is-bonk-set-to-hold-its-support-or-plummet-even-lower","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/is-bonk-set-to-hold-its-support-or-plummet-even-lower\/","title":{"rendered":"Is BONK Set to Hold Its Support or Plummet Even Lower ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"technical-analysis-and-market-context\">Technical Analysis and Market Context<\/h2>\n\n\n\n<p>After reaching a peak of <strong>$0.00002606<\/strong>, <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/bonk\/\">BONK<\/a> slipped to <strong>$0.00002436<\/strong>, creating a trading range of <strong>$0.0000028<\/strong>, approximately <strong>10%<\/strong> of its usual range. This decline follows repeated rejections near <strong>$0.000027<\/strong>, accompanied by high volume, indicating significant selling pressure.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"700\" height=\"430\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/08\/image-95.jpeg\" alt=\"BONK price chart\" class=\"wp-image-14586\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-95.jpeg 700w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-95-300x184.jpeg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><figcaption class=\"wp-element-caption\">Source: CoinDesk<\/figcaption><\/figure>\n\n\n\n<p>However, the token subsequently found solid support around <strong>$0.000024<\/strong>, with a volume of 889 billion tokens traded. This foundation enabled a <strong>3% rebound<\/strong>, bringing the price back to <strong>$0.000025<\/strong>. This recovery movement suggests a possible short-term stabilization after the prolonged decline.<\/p>\n\n\n\n<p>Interestingly, this volatility comes on the heels of an announcement that <strong>Safety Shot<\/strong>, a Nasdaq-listed company connected to the BONK ecosystem, made a $25 million treasury purchase. Some analysts view this transaction as a sign of <strong>increasing exposure<\/strong> of the memecoin sector to the general public.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"outlook-and-key-factors-for-bonk\">Outlook and Key Factors for BONK<\/h2>\n\n\n\n<p>BONK&#8217;s evolution reflects the <strong>volatile dynamics<\/strong> of the memecoin market, where <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">investors<\/a> must exercise <strong>caution<\/strong> and <strong>discernment<\/strong>. While institutional liquidity injection may promote greater adoption, the long-term stability of these assets remains to be proven.<\/p>\n\n\n\n<p>Savvy investors will closely monitor upcoming developments, keeping in mind that the high volatility of memecoins can offer opportunities as well as pose <strong>substantial risks<\/strong>. Thorough technical analysis and an understanding of the broader market context will be essential for successfully navigating this environment.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy BONK on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/xrp-price-target-of-12-6-now-attainable-as-sec-lawsuit-comes-to-a-close\/\">XRP Price Target of $12.6 Now Attainable as SEC Lawsuit Comes to a Close<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/2025-is-bitcoin-set-for-its-most-promising-year-yet\/\">2025 : Is Bitcoin Set for Its Most Promising Year Yet ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/key-crypto-highlights-you-shouldnt-miss-from-yesterday\/\">Key Crypto Highlights You Shouldn\u2019t Miss from Yesterday<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The BONK token has experienced a nearly 6% drop in the last 24 hours, testing a crucial support level for the Solana-based memecoin. This fluctuation highlights the ongoing volatility in the memecoin market.<\/p>\n","protected":false},"author":40,"featured_media":14584,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"BONK","_yoast_wpseo_title":"Will BONK hold its support or drop even lower ?","_yoast_wpseo_metadesc":"Discover why the memecoin BONK is at a crucial tipping point. Will it hold strong or face a sharp decline ?","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-14585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will BONK hold its support or drop even lower ?<\/title>\n<meta name=\"description\" content=\"Discover why the memecoin BONK is at a crucial tipping point. 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