BONK.
1. Profit-taking
Investors may sell their BONK to take profits, especially during periods of high price volatility.
2. Negative sentiment
A general negative attitude towards meme coins can cause downward pressure on BONK.
3. Market uncertainty
Geopolitical concerns and developments in the US, such as inflation and the presidential debate, can make the market uncertain and negatively impact the price of digital assets.
