{"id":35948,"date":"2025-07-09T13:33:28","date_gmt":"2025-07-09T13:33:28","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35948"},"modified":"2025-07-09T13:33:28","modified_gmt":"2025-07-09T13:33:28","slug":"bonk-slides-6-as-sellers-dominate-despite-growth-of-bonk-fun","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35948","title":{"rendered":"BONK Slides 6% as Sellers Dominate, Despite Growth of Bonk.fun"},"content":{"rendered":"<div>\n<p>BONK <a href=\"https:\/\/www.coindesk.com\/price\/bonk\">tumbled 5.6% in the past 24 hours<\/a>, falling $0.00002161 after a wave of selling pressure reversed earlier gains and broke through key support zones. Despite the near-term pullback, underlying ecosystem developments continue to support a broader bullish narrative.<\/p>\n<p>Attempts to reclaim $0.000022 between 20:00 UTC-21:00 UTC faltered despite 716.32 billion tokens in turnover, signaling deepening bearish control.<\/p>\n<p>However, beneath the surface, BONK\u2019s foundations are strengthening. Bonk.fun platform, closely tied to the token, has surged to dominance &#8211; accounting for 55% of Solana token launches. Over 200,000 projects have launched on the platform, <a href=\"https:\/\/www.tradingview.com\/news\/newsbtc:a7cd65fae094b:0-solana-s-pump-fun-loses-steam-with-exit-scam-rumors-letsbonk-fun-claims-54-of-total-market-share\/\">generating 24-hour trading volume of $539 million<\/a> on Tuesday.<\/p>\n<p>Millions in platform fees are being redirected toward BONK buybacks and burns, reducing supply and reinforcing value. Community sentiment on X (formerly Twitter) reflects this shift, with users increasingly framing Bonk.fun&#8217;s ascent as a structural market share rotation in favor of BONK.<\/p>\n<p>While there may be continued selling pressure in the short term, BONK\u2019s expanding ecosystem utility and aggressive tokenomics suggests deeper resilience &#8211; and potential upside &#8211; beyond the immediate chart.<\/p>\n<h3>Technical Analysis Highlights<\/h3>\n<ul>\n<li>BONK dropped 6% from $0.000023 to $0.00002161 over 23 hours.<\/li>\n<li>$0.000023 was rejected with a 752.4 billion volume surge at 18:00 UTC.<\/li>\n<li>Multiple failed bounces at $0.000022 despite 716.32 billion in turnover confirmed weakening support.<\/li>\n<li>Price tested the $0.000021\u2013$0.000022 zone repeatedly, now acting as a new base.<\/li>\n<li>Short rally from 08:55-09:54 UTC reached $0.000022, with a 43.08 billion spike at 09:44.<\/li>\n<li>Resistance at $0.000022\u2013$0.0000222 remains intact, keeping BONK in a tight range.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BONK tumbled 5.6% in the past 24 hours, falling $0.00002161 after a wave of selling pressure reversed earlier gains and broke through key support zones. Despite the near-term pullback, underlying ecosystem developments continue to support a broader bullish narrative. Attempts to reclaim $0.000022 between 20:00 UTC-21:00 UTC faltered despite 716.32 billion tokens in turnover, signaling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35948","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35948"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35948\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}