$BONK price pump 17.50%, or be affected by the plan to burn one trillion tokens gate News: According to CoinDesk, BonkDAO completed the destruction of 100 billion circulating BONK on the 15th, equivalent to about $3.71 million. It plans to destroy 1 trillion BONK before Christmas in December. The large-scale destruction plan (BURNmas) started at 8:01 (UTC+8) on November 15 and ended at 8:01 (UTC+8) on December 24. As a result, $BONK surged 17.50% in the past 24 hours, leading the major Cryptocurrency. gate Data shows that the price of $BONK has pumped by 17.50% in the past 24 hours, with the current price at $0.00005208, Market Cap at $3.62B, and a 24-hour volume of $106.19M.

Odaily Star News reported that the proposal to destroy about 84 billion BONK in its treasury has been passed and implemented by BONK DAO in X. Earlier news, BONK DAO announced on the X platform that it has received a proposal to destroy approximately 84 billion BONK in its treasury, which is the amount sent to DAO by BONKBot during the second quarter, and all BONK locked on BonkRewards can now participate in community proposal voting.

$BONK short-term rise by more than 5%, possibly influenced by the news that the Korean exchange will add support for Bonk trading. gate News: Korean exchange will add support for Bonk (BONK) trading, and the USDT trading market will be launched at 18:00 on October 22nd (Korean time). As a result of this news, $BONK has risen by over 5% in the short term. According to gate data, the current price of $BONK is $0.00002438, with a market capitalization of $1.62B and a 24-hour volume of $6.81M.

Odaily Star Planet Daily News BONK DAO announced in a post on X that it has received a proposal from the treasury to destroy about 84 billion BONK, representing the amount of BONKBot sent to DAO in Q2. All BONK locked on BonkRewards can now vote on this community proposal.

$BONK short time rise over 10%, affected by the Korean exchange's upcoming launch of the BONK-KRW trading pair Gate news: Influenced by the news that the Korean exchange will add BONK KRW trading pairs, $BONK briefly surged to $0.00006 and now has fallen back to $0.00005699. gate data shows that the price of $BONK has pumped by 12.34% in the past 24 hours, with the current price at $0.00005699, Market Cap at $4.15B, and 24-hour volume at $58.52M.

Odaily Planet Daily News Official news, the largest modular L2 Manta Network on ETH opens the MEME season and reaches an important cooperation with the largest MEME community BONK. Stake at least 1 million BONK, and users with ETH or MANTA balance on Manta Pacific on-chain can share 690,000 MANTA rewards. The longer the BONK stake time, the higher the MANTA Airdrop obtained. And can obtain more long Manta rewards by participating in the Manta ecosystem MEME fair launch platform Gull Network, game platform Elfin Games, and subsequent MEME launches. Check eligibility in the 'original link'. This is the first activity of the Manta Network MEME season.

BONK Rebound is in jeopardy? technical indicator confirms weakness Due to the technical indicator showing intensified market weakness, BONK faces increasing bearish pressure. After a brief attempt at stabilization, the Token seems to have lost momentum, dropping once again to test 0.00004002 US dollars, with key indicators pointing to further decline. As BONK deals with these challenges, speculation arises on whether this meme Token can regain its footing or inevitably experience a larger decline. On the 4-hour chart, BONK has shown bearish sentiment, trading below the 100-day Simple Moving Average (SMA) and trending towards the support level at 0.00004002 USD. Continuously falling to this support level indicates intensifying dumping pressure, and if the support level cannot hold, the asset may further fall. In addition, the analysis of the 4-hour chart shows that the relative strength index (RSI) has fallen to the level of 44%, after attempting a Rebound, reaching a high of 49%, and then weakening. The RSI is falling, especially when it is still below the neutral 50% level, indicating that the fall momentum is strengthening. If the RSI continues to fall, it may further confirm the downward trend, with increasing dumping pressure, which may lead to a further significant fall in prices. On the daily chart, the meme coin shows a clear downward trend, and after a failed Rebound attempt, a bearish candle with a strong rejection line appears, highlighting this. The inability to maintain an upward trend indicates a lack of buyer confidence and a generally negative sentiment in the market. As BONK targets the support level at 0.00004002 USD, selling pressure may intensify, raising concerns about the possibility of a crash. Finally, the 1-day RSI shows that the negative pressure on Crypto Assets is increasing, and the signal line has dropped sharply from the Overbought zone to 56%. This decline marks a change in momentum, indicating that buying power is weakening, dumping pressure is rising. If the RSI continues to fall, it may signal continued bearish sentiment and the fall of BONK. When BONK faces bearish pressure, two scenarios may arise: Rebound or further decline. If the meme coin can hold the key support level of $0.00004002 and attract new buying interest, it may trigger a Rebound, potentially reversing the current downtrend and pushing the price up to the $0.00006247 resistance level and above. However, if the dumping pressure continues to exist and BONK fails to maintain the support level of 0.00004002 USD, a deeper decline may occur, and the price may fall to lower support areas, including 0.00002962 USD, 0.00002320 USD, and below. (Data source: Godspower Owie)