$BONK

BONK Price Drops Big — Down 45% Since Mid-July

BONK has dropped around 45% from its July mid-month high of $0.00004075. It also fell through a important support level of around $0.000023–$0.000025, which gets investors concerned with more downside. ⚠️

⏳ Hope Still Remains

Although BONK is currently trading below its 50-day moving average, there's still a shine of good news. The team will burn 1 trillion tokens when BONK hits 1 million holders, helping to constrain supply and support prices. Meanwhile, institutions are taking notice—Safety Shot expressed long-term faith by added $25 million in BONK to its treasury.