Bonk, Meme’s token with headquarters in Solana, endured abrupt price changes during the last 24 hours, reflecting the sales pressure and the great accumulation. The Token moved within a range of 8% between $ 0.0000197 and $ 0.0000212, which finally consolidated about $ 0.0000205.
The heaviest sale occurred during the night of August 25, when Bonk fell approximately 5% of $ 0.0000208 to $ 0.0000197 in the volume of negotiation that exceeds 1.8 billion tokens, substantially above the daily averages, according to the technical analysis data model of Coindesk Research.
Buyers returned to these levels, building technical support of around $ 0.0000197 and elevation prices to a narrow consolidation band between $ 0.0000203 and $ 0.0000205.
Corporate participation helped reinforce market confidence. Safety Shot Inc., a company that is quoted at Nasdaq, confirmed a $ 30 million financing agreement on August 25, with $ 25 million called in Bonk Tokens. The agreement reflects the growing interest in Memes currencies as part of broader corporate finance strategies, underlining Bonk’s role as a key alternative based in Solana to the assets of established memes.
Bonk showed signs of resilience on Tuesday, exceeding $ 0.0000203 to $ 0.0000204 (A modest gain of 0.3%). In particular, between 11:49 and 11:56 UTC, accelerated commercial activity, with more than 17.5 billion tokens exchanged, suggesting that liquidity remains robust even during consolidation periods.
This balance between institutional adoption and the greatest volatility position Bonk as a closely observed meme token inside the solana ecosystem.
Technical analysis
- Range: $ 0.0000197– $ 0.0000212 (8% volatility).
- Correction: 5% decrease during the night of August 25.
- Peak volume: 1.81 billion tokens exchanged during the sale of the sale.
- Support area: established near $ 0.0000197.
- Consolidation: prices held between $ 0.0000203– $ 0.0000205.
- Moment: 1% gain during the rally backed by tokens 17.5b.
Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.
