Bonk Price Plummets Amidst Bearish Market

Bonk’s price is experiencing a sharp decline, shedding over 78% from its peak, as bearish momentum continues to grip the market. The token, currently trading between $0.000013 and $0.000014, faces resistance at key levels, leading to a 25% monthly loss. This downturn has sparked concerns about potential further price drops. 24-hour data reveals a significant 7.83% drop in Bonk’s value. Despite its popularity on the Solana blockchain, Bonk’s leadership remains silent regarding recent price movements. This lack of clarity and communication from the token’s team has fueled market speculation.