Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
BONK +53.52% in 24 Hours Amid Volatile Price Swings

BONK +53.52% in 24 Hours Amid Volatile Price Swings

ainvest2025/08/31 02:03
By:CryptoPulse Alert

- BONK surged 53.52% in 24 hours to $0.00002096, reversing a prolonged downturn amid volatile swings. - The token gained 627.06% weekly but remains 1363.98% below its one-month level and 2629.17% lower annually. - Analysts highlight continued volatility due to speculative trading and market sentiment sensitivity. - Technical indicators show early divergence in RSI/MACD, with EMAs flattening as traders watch for equilibrium signals.

On AUG 30 2025, BONK rose by 53.52% within 24 hours to reach $0.00002096, marking a sharp reversal after a prolonged downturn. Over the past week, the token surged by 627.06%, though its one-month performance has been markedly negative, with a drop of 1363.98%. Annual figures show an even more pronounced decline of 2629.17%. The recent short-term rally has sparked renewed interest in the asset, though the long-term fundamentals remain under pressure.

The sudden 24-hour price increase suggests strong buying interest, potentially driven by algorithmic trading activity or a short-term event. While the 627.06% weekly gain appears bullish, it is important to consider the broader context: the token remains significantly below its one-month and one-year price levels. Analysts project that such volatility may continue, given the asset's high sensitivity to market sentiment and speculative trading flows.

BONK’s price behavior over the past seven days has shown signs of retesting key resistance levels that were previously broken during the extended bearish phase. Technical indicators such as the RSI and MACD have begun to show early signs of divergence, suggesting the possibility of a trend reversal or consolidation phase. However, these signals are not yet strong enough to confirm a long-term reversal in the asset's trajectory.

The most recent price action has drawn attention to the token’s short-term technical structure. Traders are closely monitoring the 200-period EMA and the 50-period EMA, both of which have begun to flatten after months of divergence. This has led to speculation that a short-term equilibrium could be forming, though further confirmation is needed before any definitive conclusions can be drawn.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

This Thanksgiving, we are grateful for bitcoin returning to $90,000.

BlockBeats2025/11/28 08:43
After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

The current paradox of the Bitcoin network is particularly striking: while the protocol layer has never been more secure due to high hash power, the underlying mining industry is facing pressure from capital liquidation and consolidation.

区块链骑士2025/11/28 08:23
Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

What are the privacy messaging apps Session and SimpleX donated by Vitalik?

Why did Vitalik take action? From content encryption to metadata privacy.

ForesightNews 速递2025/11/28 08:23
What are the privacy messaging apps Session and SimpleX donated by Vitalik?

The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun

The attacker incurred a loss of 3 million in a "suicidal" attack, but may have achieved breakeven through external hedging. This appears more like a low-cost "stress test" targeting the protocol's defensive capabilities.

ForesightNews 速递2025/11/28 08:23
The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun