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$BONK 500 billion burned!
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500 billion burned bonk news about Here’s the latest on the 500 billion BONK token burn: 🔥 What happened? On July 24, 2025, the BONK project announced that 500 billion BONK tokens—worth approximately $16.7 million to $18.6 million—were permanently removed from circulation, funded by fees collected via the LetsBONK (BonkFun) launchpad CoinDesk+15Bitget+15CryptoNews+15. This burn represents around 0.65% of BONK’s circulating supply The Market Periodical. 🧠 Why it matters Deflationary push: Reducing supply creates scarcity, potentially supporting price if demand holds steady Coinspeaker+11My Blog+11CryptoNews+11. Ecosystem support: The burn is part of a broader strategy; LetsBONK has pledged 1% of its revenue to weekly buybacks, reinforcing long‑term support Bitget+15My Blog+15CryptoNews+15. 📉 Market response After the burn announcement, BONK rallied roughly 6%, settling around $0.000034 on July 24, outperforming most Solana memecoins during a sector-wide downturn Bitget+15Coinspeaker+15CryptoRank+15. However, later in the same day, a Galaxy Digital-linked wallet transferred ~$18.75 million of BONK to exchanges, triggering a sharp ~9% drop Yahoo Finance+2AInvest+2CoinDesk+2. The token then consolidated between $0.00003185 and $0.00003400, stabilizing above key support levels Bitscreener+15CoinDesk+15AInvest+15. 📊 Technical outlook MetricKey Levels / DataSupport range~$0.00003185 – $0.00003230Resistance levels~$0.000037 – $0.000042Volume impactDerivatives volume surged ~54%, open interest +12.5% post‐burn Yahoo Finance+1AInvest+1CryptoRankBenzinga+10Coinspeaker+10CryptoRank+10Market sentiment shift154% monthly gain; bullish momentum building Benzinga Bullish analysts suggest a potential move toward $0.000040–$0.000042 if price holds above support. A break below ~$0.00003185 could signal a drop toward ~$0.000028 CryptoRank.
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$BONK On July 24, 2025, the BONK project announced that 500 billion BONK tokens—worth approximately $16.7 million to $18.6 million—were permanently removed from circulation, funded by fees collected via the LetsBONK (BonkFun) launchpad
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Pepe Market is where fortunes rise and fall — just like the legendary frog himself. One day you're up, riding the green candles with your Pepe bags mooning. Next day, it's red everywhere, and Pepe’s face says it all. But that’s the thrill — the market goes up and down, and so does your heartbeat. Traders laugh, cry, and meme their way through the chaos. Whether it’s a pump or a dump, Pepe Market is the place to be. Hold on tight, embrace the swing, and remember — in Pepe we trust, no matter the chart. Pepe up. Pepe down. Repeat. #BinanceHODLerTree #DELABSBinanceTGE #BNBATH #US-EUTradeAgreement
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