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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.
