BONK Burns 1.69 Trillion Tokens but Drops 7% in Value

Dec 27, 2024 · The initiative, known as BURNmas, destroyed 1.69 trillion BONK tokens on December 26. Since the event, however, BONK’s value has dropped 7.2%, with its market cap …

7%
OFF

BONK Burns 1.69 Trillion Tokens But Drops 7% In Value

2 weeks from now

Dec 27, 2024 · The initiative, known as BURNmas, destroyed 1.69 trillion BONK tokens on December 26. Since the event, however, BONK’s value has dropped 7.2%, with its market cap …

bitdegree.org

7%
OFF

BONK Token Falls 7% Despite Major Burn Event - CoinMarketCap

2 weeks from now

This substantial burn reportedly accounted for 1.85% of the total circulating supply, reducing it from 100 trillion to approximately 90.97 trillion BONK tokens. The Bonk team had proposed …

coinmarketcap.com

7%
OFF

BONK Token Falls 7% Despite Major Burn Event - Yahoo Finance

2 weeks from now

Dec 27, 2024 · The Bonk (BONK) token experienced a 7.2% decline in price following the recent token-burning event, which successfully removed 1.69 trillion BONK tokens—valued at over …

yahoo.com

7%
OFF

BONK Falls 7% Despite BURNmas Taking $51M In Tokens Out Of …

2 weeks from now

Dec 27, 2024 · Dog-themed memecoin Bonk failed to make its way out of a wider crypto slump despite a token-burning event that took 1.69 trillion BONK tokens, worth over $51 million, out …

cointelegraph.com

7%
OFF

BONK Drops 7% Despite $51 Million Worth Of Tokens Burned In …

2 weeks from now

Dec 28, 2024 · The Bonk team had initially promised to carry out the burn on Christmas Day, but they were unable to do so until December 26.. Despite a token-burning event that removed …

coinengineer.net

7%
OFF

BONK Drops 7% Despite $51M Token Burn During BURNmas

2 weeks from now

Dec 27, 2024 · Despite multiple token burns, including the massive 1.69 trillion burn yesterday, the meme coin has declined by 7.2%. This has also brought down the crypto’s market cap to …

insidebitcoins.com

7%
OFF

BONK Recovers Following 1.69 Trillion Token Burn - DailyCoin

2 weeks from now

Dec 27, 2024 · Although BURNmas initially appeared to underperform, with BONK’s price dropping over 7%, the token later recovered, making it one of the few memecoins to register …

dailycoin.com

7%
OFF

BONK Drops 7% Despite $51M Token Burn Event - Grafa.com

2 weeks from now

The memecoin Bonk (CRYPTO:BONK) has seen a 7% decline in price, even after successfully executing a token burn that removed 1.69 trillion BONK tokens from circulation, valued at over …

grafa.com

7%
OFF

BONK Falls 7% Despite BURNmas Taking $51M In Tokens Out Of …

2 weeks from now

Dec 27, 2024 · BONK price goes backward. Token burns are a common strategy to increase token prices with a more favorable supply and demand dynamic. Still, the token has so far …

tradingview.com

7%
OFF

BONK Burns 1.69 Trillion Tokens But Drops 7% In Value

2 weeks from now

Dec 27, 2024 · The memecoin BONK BONK $0.0000320 , impressed by dog-themed tokens, just lately noticed its worth drop, even after a significant BONK Burns 1.69 Trillion Tokens but …

thecryptohodl.com

7%
OFF

BONK Price Falls Over 7% After Burning 1.69 Trillion Tokens-what’s ...

2 weeks from now

Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 …

bitcoinethereumnews.com

$55
OFF

Bonk Plans Record 1.69t Token Burn ($55m) Post Successful …

2 weeks from now

Dec 26, 2024 · BONK is preparing for a burn of 1.69 trillion tokens. The move comes after the successful BURNmas campaign, an initiative that marks a change from Bonk’s 2023 …

cryptopolitan.com

$51
OFF

Frustration Grows As BONK Struggles After Massive Token Burn

2 weeks from now

Dec 27, 2024 · The memecoin BONK, hyped for its dog-themed nature, has hit a rough patch. Even after the big token burn event on December 26—where 1.69 trillion tokens worth $51 …

altcoinbuzz.io

7%
OFF

BONK Price Falls Over 7% After Burning 1.69 Trillion Tokens-what’s ...

2 weeks from now

Dec 27, 2024 · Token burns are a common occurrence in the crypto space, especially among meme coins like BONK, which boasts a total supply of 100 trillion tokens, now reduced to …

crypto.news

7%
OFF

BONK Price Falls Over 7% After Burning 1.69 Trillion Tokens

2 weeks from now

Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 …

binance.com

$52
OFF

Bonk DAO Burns 1.69 Trillion BONK: What’s Next For The Coin

2 weeks from now

Dec 27, 2024 · The BONK Decentralized Autonomous Organization (DAO) has executed a major burn of 1.69 trillion BONK tokens, valued at an impressive $52 million, through its multi …

crypto-news-flash.com

$54.52
OFF

BonkDAO’s 1.69 Trillion Token Burn: Will It Affect BONK’s Price?

2 weeks from now

BonkDAO’s decision to burn 1.69 trillion Bonk [BONK] tokens as part of the “BURNmas” event has grabbed attention in the crypto community. With $54.52 million worth of tokens being …

ambcrypto.com

FAQs about BONK Burns 1.69 Trillion Tokens but Drops 7% in Value Coupon?

How many Bonk tokens can you burn on TikTok?

The Bonk team had proposed burning 1 trillion tokens through community engagement on social media, offering to burn 1,000 BONK for posts that used the hashtag #LetsBONK and 10,000 BONK for each new follower on platforms like Instagram and TikTok. ...

What happened to bonk (bunk)?

The Bonk (BONK) token experienced a 7.2% decline in price following the recent token-burning event, which successfully removed 1.69 trillion BONK tokens—valued at over $51 million—from circulation. The event, dubbed “BURNmas,” was initially scheduled for Dec. 25 but took place a day later on Dec. 26 at 5:40 p.m. UTC. ...

Why did Bonk's price drop?

Comments from users on social media indicated frustration toward the Bonk team for not adhering to their initial timeline, which may have contributed to the token's price decline. ...

What's going on with Bonk's market performance?

Despite the burning initiative, BONK's market performance has not mirrored the success of a previous burn event on Nov. 13, which saw the token price surge by 56%, reaching an all-time high market cap of $4.38 billion. Following the December burn, the current market cap stands at $2.3 billion amid a broader downturn in the crypto market. ...

What is Bonk's current market cap?

Following the December burn, the current market cap stands at $2.3 billion amid a broader downturn in the crypto market. Community sentiment has been mixed, with some Bonk supporters expressing disappointment over the delayed burn execution. ...