Bonk (BONK) is facing significant downward pressure right now. The meme coin dropped nearly 6% within 24 hours. It tumbled from $0.00002606 to $0.00002436. This decline accelerated sharply after BONK failed to hold gains near $0.000027 on August 11th.
Trading volume spiked dramatically to 1.13 trillion tokens during that failure. Consequently, selling pressure continued into the morning of August 12th. BONK found temporary support around $0.000024.
However, this volatility signals
