BONK Price Crashes Over 9% Following a $20M Treasury Exploit—Is More Downside Ahead?
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The post BONK Price Crashes Over 9% Following a $20M Treasury Exploit—Is More Downside Ahead? appeared first on Coinpedia Fintech News
Bonk price is back in the spotlight, but for all the wrong reasons. The Solana-based memecoin came under renewed selling pressure after reports of a $20 million BonkDAO treasury exploit shook investor confidence, triggering a fresh wave of profit-taking that pushed the token down more than 8%. Despite the sharp decline, derivatives data suggest traders …
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