BONK Tumbles as Meme Token Breaks Support, Tests Key Lows

Bonk (BONK) suffered a sharp drop to start the week, plunging 11% to $0.00001232 as the Solana-based meme token fell through critical support. The decline erased much of last week’s gains, confirming a near-term bearish shift, according to CoinDesk Research's technical analysis data model. Following a decline from $0.000014 to $0.000013, BONK plunged over 6% to around $0.0000121 in the space of 30 minutes during the European afternoon. The 24-hour trading range spanned $0.00001252 to $0.00001434, reflec ...