BONK Defies Shift Toward Newer Memecoins With 9% Gain -

BONK Rallies 9% Amid Volatility as Memecoin Focus Shifts to Newer Tokens
September 9, 2025

BONK surged 9% in a turbulent session, testing resistance at $0.000024 even as investor attention increasingly shifts toward newer meme tokens.

The token moved from $0.000022 to a peak of $0.000024 over the past 24 hours, with a trading range of $0.000002 highlighting notable intraday volatility. Momentum was strongest during early morning hours, according to CoinDesk Research technical analysis.

Trading activity was intense, with volumes exceeding 1.2 trillion BONK tokens during key rebound attempts around 06:00 and 07:00 UTC, reflecting strong short-term demand. The rally ran into stiff resistance at $0.000024, where repeated rejections established a near-term ceiling, while support formed around $0.000023. Late-session trading showed signs of exhaustion as bulls struggled to push higher.

Between 11:53 and 12:52 UTC, BONK retraced 1.14%, falling from $0.000023459 to $0.000023190, with volume spiking above 35 billion tokens in a concentrated sell-off. This pullback trimmed part of the morning gains and left the token consolidating just above its established support zone.

The rally comes amid shifting dynamics in the memecoin sector. While legacy tokens like BONK and Dogecoin (DOGE $0.2455) remain heavily traded, newer projects such as LayerBrett and Little Pepe are attracting interest through staking incentives and layer-2 integrations. Social engagement around older memecoins has cooled, and traders appear to be rotating into projects with utility-driven features.

Technical Snapshot:

BONK rallied 9% from $0.000022 to $0.000024 in 24 hours.
Support consolidated at $0.000023 with repeated buying pressure.
Resistance hardened at $0.000024, repeatedly tested on high volume.
Trading volume peaked at 1.2 trillion tokens during morning breakout attempts.
Intraday decline of 1.14% erased part of the rally.
Sell-off between 12:30–12:45 UTC saw volume spikes above 35 billion tokens.
Intraday lows at $0.000023180 hint at potential trend reversal.