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    Home » BONK rises 9% to $0.000024 amid active Solana capital flows and technical resistance

    BONK rises 9% to $0.000024 amid active Solana capital flows and technical resistance

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    By liam on September 9, 2025 Cryptocurrencies, News
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    BONK shows a 9% rise in a session with much movement, pointing to strength even as other memecoins get more notice. The move to $0.000024, cited by market sources covering September 9, 2025, draws attention from short term traders and managers tracking capital shifts in the Solana ecosystem. News report states this and notes the relevance of data that blends speculation with network use fundamentals.

    Context and Impact

    The 9% rise took BONK to $0.000024, a level used as a guide for the September 9, 2025, session according to market data. The token started in December 2022 with a purpose to help the Solana group after FTX failed, and an airdrop of 50 trillion tokens gave it public notice, as CoinMarketCap states. Over 110 projects in exchanges, DeFi and gaming include BONK, according to CoinMarketCap, reinforcing its role within Solana’s activity set.

    The market value of BONK is about $2.19 billion, placing it behind bigger memecoins but as one of the main ones within Solana, with CoinMarketCap and OKX citing this data. Price data from Uphold shows recent movements between $0.0000197 and $0.0000212 and a monthly loss near 32%, highlighting the high amount of change in this part of the market according to reports. An airdrop is the widespread free giving of tokens to cause faster use, while a burn mechanism is the lasting removal of tokens to lower supply and create scarcity.

    BONK rises 9% to $0.000024 amid active Solana capital flows and technical resistance

    Technical and Competition

    The test of $0.000024 acts as an important resistance point, according to analysts cited in reports. If it goes above this price, it would probably open a technical target of about $0.00003670, a prediction experts mentioned as a possible event and that market sources informally quote.

    Within Solana, new tokens such as PENGU, Jupiter and even Fartcoin compete, causing more capital movement and pressure on BONK’s price according to analysis from market experts. This competition can amplify short-term swings around visible levels as traders rotate across narratives.

    On-chain Adoption and Sentiment

    BONK’s story has shifted from meme to a useful item within the network, with DeFi programs, gaming (Bonk Arena), governance and burn actions appearing as basic factors in reports by CoinMarketCap. The large first circulation and strong reliance on social feeling suggest price movements will stay connected to news flow and popular trends across the Solana ecosystem.

    Traders face a mix of high volatility and clear technical levels, which argues for active risk management and protective strategies, while managers may see integration as a path to potential use, balanced by competition and the monthly loss that require care. A coming event is to observe what happens near $0.000024 after the 9% rise on September 9, 2025: if BONK goes above or stays below this price, it will signal the short term direction.

    BONK Crypto market memecoin
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