BONK drops 18%, meme coins decline—will there be another round of downturn?
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to CoinWorld, BONK rebounded to $0.0000134 after breaking through $0.0000103 in early January, but then declined again under overall market pressure. Over the past week, this cryptocurrency has dropped by 18.77%, underperforming the industry average decline of 15.47%. Its On-Balance Volume (OBV) indicator hit a new low, and the downward trend remains solid. In the short term, BONK may rebound to the Fibonacci zone of $0.00000755-$0.00000785, but traders may see this as a selling opportunity, as its downside targets are $0.0000060 and $0.0000053, respectively.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Medtronic Gets US FDA Clearance for LigaSure RAS Maryland Device on Hugo System
MT newswire•2026/09/16 11:05
Egrag Crypto Says XRP Fractal Is Playing Out. Here’s What It Means
TimesTabloid•2026/09/16 11:03
Citigroup Initiates FuelCell Energy at Neutral With $19 Price Target
MT newswire•2026/09/16 11:01
Crypto prices
MoreBitcoin
BTC
$75,919.23
-1.51%
Ethereum
ETH
$2,405.15
-3.17%
Tether USDt
USDT
$0.9992
-0.04%
BNB
BNB
$710.67
-1.25%
XRP
XRP
$1.29
-8.10%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$97.19
-3.65%
TRON
TRX
$0.3347
-1.17%
Zcash
ZEC
$1,212.9
+6.13%
Hyperliquid
HYPE
$78.56
-0.95%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now