{"id":38825,"date":"2025-07-25T15:31:45","date_gmt":"2025-07-25T15:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38825"},"modified":"2025-07-25T15:31:45","modified_gmt":"2025-07-25T15:31:45","slug":"bonk-drops-9-from-peak-as-exchange-transfers-overwhelm-burn-news","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38825","title":{"rendered":"BONK Drops 9% From Peak as Exchange Transfers Overwhelm Burn News"},"content":{"rendered":"<div>\n<p>BONK experienced aggressive volatility over a 24-hour period to end the week, <a href=\"https:\/\/www.coindesk.com\/price\/bonk\">swinging 15% between $0.00003185 and $0.00003763<\/a>. <\/p>\n<p>The Solana-based memecoin initially surged on the heels of <a href=\"https:\/\/www.coinspeaker.com\/bonk-price-forecast-500-billion-token-burn-sparks-6-gains-whats-next\/\">a 500 billion token burn announcement<\/a> before a <a href=\"https:\/\/bitcoinethereumnews.com\/tech\/galaxy-digital-transfers-510-billion-bonk-tokens-worth-18-75m-to-binance-and-coinbase\/\">Galaxy Digital-linked wallet moved $18.75 million<\/a> worth of BONK to major crypto exchanges, triggering a 9% pullback in under an hour.<\/p>\n<p>Despite the reversal, BONK stabilized above the $0.00003400 level with support in the $0.00003185-$0.00003230 zone, according to CoinDesk Research&#8217;s technical analysis data model. Trading activity surged as speculative flows responded to conflicting signals: bullish supply reduction versus the bearish pressure of potential sell-side liquidity injections.<\/p>\n<p>The broader crypto market&#8217;s shift toward altcoins continued to boost meme token trading volumes as with bitcoin&#8217;s market dominance weakening. BONK has benefited from increased institutional and retail attention, even as its price action remains volatile and sensitive to on-chain movements.<\/p>\n<h3>Technical Analysis Highlights<\/h3>\n<ul>\n<li>BONK moved between $0.00003185 and $0.00003763, a 15% swing.<\/li>\n<li>The price dropped 9% from a peak at 15:00 UTC to $0.00003430 by 16:00 UTC.<\/li>\n<li>Strong support held at $0.00003185-$0.00003230 amid multiple overnight retests.<\/li>\n<li>From 03:00 UTC, the price rallied to $0.00003438, showing short-term stabilization.<\/li>\n<li>Between 11:10 and 12:09 UTC, BONK fell 2% to $0.00003433.<\/li>\n<li>Reduced volume during final minutes suggests declining bearish momentum.<\/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<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BONK experienced aggressive volatility over a 24-hour period to end the week, swinging 15% between $0.00003185 and $0.00003763. The Solana-based memecoin initially surged on the heels of a 500 billion token burn announcement before a Galaxy Digital-linked wallet moved $18.75 million worth of BONK to major crypto exchanges, triggering a 9% pullback in under an [&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-38825","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\/38825","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=38825"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38825\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}