BONK endures 11% dip as selling pressure overwhelms market

  • Solana-based memecoin Bonk Inu (BONK) tanked by 11% over a volatile 24-hour trading period, erasing earlier gains triggered by a major token burn announcement. The token's price dropped from an intraday high of $0.00003185 and $0.00003763, ending the week trading in the red.