{"id":39759,"date":"2025-07-31T13:31:44","date_gmt":"2025-07-31T13:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39759"},"modified":"2025-07-31T13:31:44","modified_gmt":"2025-07-31T13:31:44","slug":"bonk-rallies-8-ahead-of-trillion-token-burn-milestone","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39759","title":{"rendered":"BONK Rallies 8% Ahead of Trillion-Token Burn Milestone"},"content":{"rendered":"<div>\n<p>BONK recorded a notable 8.39% <a href=\"https:\/\/www.coindesk.com\/price\/bonk\">increase rising from $0.000028 to $0.000029<\/a>, marking a continuation of the token\u2019s bullish momentum following earlier rebounds, with a clearly defined structure of ascending lows consolidating around the $0.000027\u2013$0.000028 range. <\/p>\n<p>As the token approached the psychologically significant $0.00003 resistance level, increased sell-side pressure materialized, capping further advances despite bullish fundamentals, according to CoinDesk&#8217;s technical analysis data model.<\/p>\n<p>The token reached an intraday high of $0.00003 at approximately 09:58 UTC before retreating. BONK fell 1.58% to $0.000029, retracing part of its earlier rally. The pullback was accompanied by heightened volume, suggesting localized profit-taking rather than a broader trend reversal.<\/p>\n<p>The recent rally is underpinned by a looming deflationary catalyst: BONK\u2019s protocol is set to <a href=\"https:\/\/www.cryptoninjas.net\/news\/bonk-eyes-1m-holders-plans-to-burn-1-trillion-tokens-in-major-milestone-move\/\">burn 1 trillion tokens<\/a> upon reaching <a href=\"https:\/\/solscan.io\/token\/DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263\">1 million on-chain holders<\/a>, which would mark one of the largest burns in the meme token\u2019s history and reduce circulating supply significantly.<\/p>\n<h3>Technical Analysis<\/h3>\n<ul>\n<li>$0.000027 to $0.00003 (10.7% range)<\/li>\n<li>Strong consolidation near $0.000027\u2013$0.000028<\/li>\n<li>$0.00003 proved formidable, triggering a 1.58% pullback<\/li>\n<li>Spiked during reversal period, confirming bearish rejection at resistance<\/li>\n<li>Bullish structure with higher lows; short-term bearish retracement underway<\/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 recorded a notable 8.39% increase rising from $0.000028 to $0.000029, marking a continuation of the token\u2019s bullish momentum following earlier rebounds, with a clearly defined structure of ascending lows consolidating around the $0.000027\u2013$0.000028 range. As the token approached the psychologically significant $0.00003 resistance level, increased sell-side pressure materialized, capping further advances despite bullish fundamentals, [&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-39759","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\/39759","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=39759"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39759\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}