The Solana-based token continued its recovery from its recent lows on September 22, pushing the BONK price up. The BONK price rose on September 22, continuing its recovery from its recent lows.
BraveNewCoin market data shows that BONK is valued at $0.000003560 with a 6.00% increase over the past 24 hours, as of the time of writing. Price traded between $0.000003280 and $0.000003690 during the same period.
The shift follows a pattern of analysts following the potential shift in resistance along X. BONK has still traded over 93% lower than its all-time high, however.
Market data indicate that BONK is near the top of its 24-hour trading range.
The token reached $0.000003690 before easing to $0.000003560. Its session low stood at $0.000003280.
The intraday chart indicates that the price has been trading within a range of $0.0000033 and $0.0000035 for most of the session. During later trading, buying increased. Source: BraeNewCoin
That move brought BONK to higher levels earlier in the day and closer to the $0.000037 level. This level is now the closest price reference on top of the market.
The market cap of BONK is around $314.42 million. It was reported that over 87.99 trillion BONK is currently available, and over $141.67 million was reported as traded.
A significant part of the token’s market capitalization is the volume figure. This represents a higher turnover in the most recent price change.
According to BraveNewCoin, BONK has reached its historical high price of $0.00005825. That November 2024 high is around 93.89% higher than the current price.
According to this X post, the major descending resistance level of BONK is being broken with a move to the upside.
The structure shown is a result of lower highs created in the previous cycle’s peak decline of the token. Price has recently bumped around this range and passed through this trendline. Source: X Via Top Gainer
The analyst attempts to break out at $0.00000341, marking BONK at the breakout.
A trendline break alone is not a confirmation of the larger projected move that’s shown on the chart.
Price has yet to clear the former resistance area for the structure to remain valid.
Market data are used to give a reference for that test. BONK has already moved from $0.000003280 to as high as $0.000003690 during the latest session.
The breakout area would be held above the former descending line, and that would be a favorable situation. Your post wouldn’t be as technically sound if you moved back under it.
LongTermR takes into account a much wider time frame. The monthly BONK/USDT chart reveals a gradual decline in the price of the BONK token from its 2024 peak levels during much of 2025 and 2026.
The monthly candles have been shrinking in recent months and are now closing in on the bottom of this decline. The price is currently at a low level on the chart. Source: X via Longterm
LongTermR is projecting a big bounce in this area, with his chart showing a move of about 1,748%. This percentage is an analyst’s assumption, not a price target confirmation.
The monthly time frame also reveals significant room between BONK’s current price and significant trading areas.
The price action around the recent breakout area and the $0.000003690 daily high therefore focuses on the near term.
If it moves up from that level, it will continue the recent recovery trend and set a new short-term high. A loss of $0.000003280 will wipe out the current session’s advance and bring BONK back down to the recent lower range.
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A malicious iOS app distributed through Apple’s App Store has been linked to nearly $580,000 in stolen crypto after researchers found it contained multiple kernel exploits capable of escaping Apple’s sandbox and accessing sensitive wallet data.According to an investigation published by blockchain security firm SlowMist, the app, called FomoPeek, introduced two malicious modules that could exploit iOS vulnerabilities, gain elevated privileges and access Keychain data and files belonging to other apps. SlowMist said the affected versions were released on Sept. 9 and Sept. 12, while version 1.3, released Sept. 17, removed the malicious components.SlowMist said its investigation, conducted with the OKX security team, began after it received reports from users who had suffered asset theft and found that some had previously installed the affected FomoPeek versions.The exploit framework included eight attack methods and declared support for iOS versions ranging from 12.0 to 18.7.2 and 26.0 to 26.1.SlowMist’s onchain analysis identified a primary hacker address associated with the incident that received about 579,984 USDT. The firm said the address became active on Sept. 15 and that the stolen funds involved multiple blockchain networks before being consolidated and transferred through several addresses and services.SlowMist said portions of the funds were transferred toward services including FixedFloat, KuCoin and cce.cash, while other funds were dispersed through additional addresses that the firm continued to trace.Cointelegraph reached out to Apple, SlowMist and OKX for comment but did not receive a response before publication.Related: Hugging Face hack exposes the open-weight AI cybersecurity paradoxCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
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