BONK slides 18.77% amid memecoin slump of 15.47%; January breakout fades

BONK resumed its broader downtrend after an early-January breakout failed to hold, with the token dropping sharply over the past week. The memecoin sector also weakened, and key BONK levels near $0.00000755–$0.00000785 are in focus for a potential short-term retest before further downside.