Bonk
The article focuses on Solana meme token BONK, citing circulating supply of 87.99 trillion BONK, fixed max supply of 88.87 trillion, and about $23.32 million in 24-hour volume (Yahoo Finance). It outlines base-case price ranges for 2026-2030 and describes a July 6, 2026 BONKDAO governance attack where an attacker used voting power to transfer ~4.43 trillion BONK (~$20-21 million) from the treasury.
Upbit announced it will delist the Solana-based meme coin Bonk (BONK), ending support for BONK/KRW and BONK/USDT at 15:00 KST on Sept. 7 and canceling open orders. The exchange cited unresolved security concerns and delayed disclosure by operators. BONK fell to a Nov. 2023 low and traded near $0.00000264, down about 7%.
BonkDAO’s treasury was reportedly drained by about $20 million after a malicious governance vote passed via Realms, according to BonkDAO’s public statement, Solscan, and Realms proposal data. The report says Solana’s base layer was not compromised, pointing instead to DAO voter-weight and proposal mechanics that enabled treasury asset movement.
Over the past 7 days, alphai's AI scored 2 news stories mentioning BONK-USD (Bonk). Coverage has skewed bearish: 0 bullish, 0 neutral, and 2 bearish.
Governance-treasury exploit risk is framed as structurally harder to fix than typical meme-coin volatility, which can pressure confidence and liquidity.
Exchange delisting risk is likely to pressure BONK liquidity and price, with elevated volatility around the withdrawal window.
Governance attack narrative increases perceived smart-contract governance risk around BonkDAO, which can pressure sentiment and liquidity for BONK until mitigations are clarified.
A confirmed treasury drain event is a direct risk to BONK’s token economics and governance credibility.
Treasury drain and governance manipulation raise immediate sell-pressure and uncertainty around token recovery/controls.
alphai scores every news story that mentions BONK-USD with an AI model for sentiment and relevance, and aggregates insider trades from Bonk's SEC EDGAR Form 4 filings. Figures refresh continuously.
The article focuses on Solana meme token BONK, citing circulating supply of 87.99 trillion BONK, fixed max supply of 88.87 trillion, and about $23.32 million in 24-hour volume (Yahoo Finance). It outlines base-case price ranges for 2026-2030 and describes a July 6, 2026 BONKDAO governance attack where an attacker used voting power to transfer ~4.43 trillion BONK (~$20-21 million) from the treasury.
7 min readUpbit announced it will delist the Solana-based meme coin Bonk (BONK), ending support for BONK/KRW and BONK/USDT at 15:00 KST on Sept. 7 and canceling open orders. The exchange cited unresolved security concerns and delayed disclosure by operators. BONK fell to a Nov. 2023 low and traded near $0.00000264, down about 7%.
4 min readBonkDAO’s treasury was reportedly drained by about $20 million after a malicious governance vote passed via Realms, according to BonkDAO’s public statement, Solscan, and Realms proposal data. The report says Solana’s base layer was not compromised, pointing instead to DAO voter-weight and proposal mechanics that enabled treasury asset movement.
5 min readCoinDesk reports Bitcoin’s Coinbase Premium has stayed negative for 50 straight days, citing Coinglass data, suggesting weaker U.S. demand. It links this to eight straight weeks of net outflows from U.S. spot BTC ETFs and notes rising Japanese yields could pressure BTC. Analysts say ETF inflows are key; stablecoin market cap fell to $312B in June.
4 min readBONK fell about 8% after hackers allegedly drained nearly $20M from BonkDAO’s memecoin treasury. BonkDAO said a “malicious governance proposal” led to token losses and that it is coordinating with exchanges, bridges, and the Solana Foundation while notifying law enforcement. Chainalysis attributed the start to a June 30 proposal and said the attacker acquired ~$8M to pass it.
5 min readBonkDAO said an unknown actor stole about $20M in BONK tokens from its Solana treasury via a “malicious governance proposal,” and that it notified law enforcement and is working to recover funds. BONK was reported down ~7% over 24 hours to about $0.05. The article also notes broader memecoin market weakness.
5 min read
