The Solana-based meme token saw elevated volatility and a sharp decline after breaching short-term support, highlighting ongoing instability in smaller-cap digital assets.
BONK dropped 4.06% to $0.00001174 over the past 24 hours following a breakdown below the $0.00001200 support. The Solana-based meme token traded within a 4.7% intraday range, hitting a low of $0.00001197 before stabilizing. Trading volume surged 47% above its daily average to 779.9 billion tokens during morning volatility, peaking near $0.00001248 before rejection at the $0.00001250–$0.00001255 resistance zone triggered the decline. A sharp move around 14:00 GMT breached short-term support, with a 28.5 billion token spike signaling intensified turnover. Subsequent consolidation near $0.00001200 suggests emerging short-term stabilization, though momentum remains muted without a volume recovery.