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BONK Memecoin Plunges 3.9% as Trading Frenzy Grips Market
15 Nov
Summary
- BONK token fell 3.9% to $0.00001223 on November 15, 2025
- Trading volumes spiked to 1.07 trillion tokens, nearly double the 24-hour average
- BONK breached a key $0.00001211 support level, establishing $0.00001200 as the next floor
The BONK memecoin experienced a turbulent day on November 15, 2025, as it fell 3.9% to $0.00001223 amid a surge in trading activity. The token traded within a wide 42% intraday range, reflecting persistent technical weakness rather than any clear fundamental catalyst.
Trading volumes for BONK peaked at 1.07 trillion tokens, nearly double the 24-hour average. This spike in activity aligned with a clean breakdown through the $0.00001211 support level, which had held throughout the previous week. The breach established $0.00001200 as the next psychological floor, while converting the $0.00001226-$0.00001257 zone into immediate overhead resistance.
Intraday data shows BONK drifting lower from $0.00001237 to $0.00001220, with clustered volume bursts at 13:42 (55.1B) and 14:00 (76.8B) confirming continued distribution. Attempts to recover toward prior support stalled quickly, and diminishing trade sizes in the final hour suggested limited appetite for reversals.
With the token still trading close to its newly formed lower boundary, the next directional move for BONK hinges on whether it can reclaim the $0.00001226-$0.00001230 band with decisive volume. Failure to do so increases the likelihood of a retest of $0.00001200, a level that now anchors the short-term outlook.
