BONK Stays Resilient Amid $30M Deal Flow and Token Unlock Pressure
BONK Holds Support After Unlock-Driven Dip; Corporate Treasury Deal Draws Attention
BONK endured another volatile session, swinging between $0.00001991 and $0.00002123 in the past 24 hours—a 45% spread that reflected investor caution around supply dynamics.
The sharpest decline came late on Sept. 1, when a scheduled $11.41 million token unlock sent the price tumbling from $0.00002102 to $0.00001991 within an hour. Trading volumes spiked to more than 1.15 trillion tokens during the selloff, according to CoinDesk Research data.
Buyers stepped in at the $0.00001990 level, helping the token recover to $0.00002056 by early Tuesday in Europe. The rebound pushed BONK into a narrower consolidation range, suggesting short-term stabilization after the unlock.
Markets also focused on Safety Shot’s $30 million financing deal, in which $25 million was funded through BONK. The move makes the NASDAQ-listed firm the first to add the meme token to its corporate treasury—a symbolic win for BONK’s broader adoption narrative.
Key Technicals
- Range: $0.00001991–$0.00002123 (45%).
- Sept. 1 unlock selloff triggered 1.15T tokens traded in one hour.
- Support held at $0.00001990.
- Rebound lifted price to $0.00002056 by Sept. 2.
- Resistance at $0.00002120 capped upside.
- Volatility compressed to ~0.24% around $0.00002053–$0.00002058.
- Volume spikes above 27.3B tokens signaled accumulation.
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