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$BONK Price Crashes 8% as Upbit Delists Token Amid Broader Bearish Trend

Guavy AI Editorial Team Published August 7, 2026

Instruments

SOL BONK

The price of BONK has plummeted over 8% following Upbit's announcement to delist the Solana-based memecoin.

The delisting comes as part of a broader bearish trend that has seen $BONK lose nearly 70% of its value since May.

The strong selling pressure triggered by the announcement has pushed the price below a crucial support level, raising concerns about further losses.

$BONK's recent decline highlights the impact of negative market developments on investor confidence and sentiment.

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