{"id":41771,"date":"2025-08-12T15:46:56","date_gmt":"2025-08-12T15:46:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41771"},"modified":"2025-08-12T15:46:56","modified_gmt":"2025-08-12T15:46:56","slug":"bonk-slides-6-to-test-key-support","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41771","title":{"rendered":"BONK Slides 6% to Test Key Support"},"content":{"rendered":"
\n

BONK fell nearly 6% in the last 24 hours, dropping from $0.00002606 to $0.00002436 in a move that carved out a $0.0000028 range<\/a>, roughly 10% of its trading spectrum.<\/p>\n

The decline accelerated after the token failed to hold gains near $0.000027 on Aug. 11, where volume spiked to 1.13 trillion tokens, well above the 24-hour average of 708 billion, according to CoinDesk Research’s technical analysis data model.<\/p>\n

Selling pressure persisted into the morning of August 12, with BONK finding firm support around $0.000024 at 10:00 UTC on 889 billion tokens traded.<\/p>\n

BONK did see a bounce at the start of U.S. morning, when buyers stepped in and pushed the price up 3% to $0.000025.<\/p>\n

The rebound signaled possible short-term stabilization after the extended drawdown, forming $0.000024 as a key support to avoiding further downside.<\/p>\n

The volatility comes the day after Nasdaq-listed Safety Shot disclosed a $25 million corporate treasury purchase linked to BONK ecosystem<\/a> development through its stake in the Bonk.fun launchpad \u2014 a move viewed by some analysts as a sign of increasing mainstream exposure for the meme coin sector.<\/p>\n

Technical Analysis<\/h3>\n