BONK Gains 9% Amid Volatility as Investors Eye New Memecoins
September 9, 2025
BONK surged 9% in a volatile trading session, climbing from $0.000022 to $0.000024, even as market attention shifts toward newer meme tokens. Early morning activity drove most of the gains, with CoinDesk Research noting an intraday range of $0.000002, reflecting heightened volatility.
Trading volumes were strong, exceeding 1.2 trillion tokens during key rebound attempts around 06:00–07:00 UTC. Resistance at $0.000024 remained firm, while support emerged at $0.000023. By late-session, bullish momentum appeared to wane as prices struggled to move higher.
Between 11:53 and 12:52 UTC, BONK retraced 1.14%, falling from $0.000023459 to $0.000023190, with volume spiking above 35 billion tokens in a concentrated sell-off. The token then stabilized slightly above its support zone.
The rally reflects evolving trends in the memecoin sector. While BONK and Dogecoin (DOGE $0.2455) continue to see significant trading activity, newer projects such as LayerBrett and Little Pepe are drawing interest through staking incentives and layer-2 integrations. Engagement in legacy memecoins has cooled as traders rotate toward tokens with practical utility.
Technical Highlights:
- 24-hour rally: $0.000022 → $0.000024 (+9%)
- Support: $0.000023
- Resistance: $0.000024
- Peak intraday volume: 1.2 trillion tokens
- Late-session retracement: 1.14%
- Sell-off volume spike: 35 billion tokens
- Intraday lows: $0.000023180, indicating potential trend shift
