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Crypto

BONK Plummets to Near Three-Year Low After Upbit Delisting Decision

Guavy AI Editorial Team
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USDT SOL BONK
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The Solana-based meme coin BONK plummeted to its lowest level since November 2023 after Upbit, South Korea's largest cryptocurrency exchange, announced it would terminate trading support for the token in September.

Upbit's decision cuts off BONK from one of the world's most active retail crypto markets. The exchange will end support for the BONK/KRW and BONK/USDT trading pairs on September 7 at 3:00 p.m. KST, canceling all open orders.

BONK dropped to an intraday low of $0.00000255 following the announcement, and at press time was trading at $0.00000264, down roughly 7% on the day.

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