Bonk (BONK) memecoin was exploited for $20 million on July 6 via a malicious governance proposal, leading to a major security breach. The hacker has since moved over $2.7 million worth of BONK tokens to a Binance deposit address, suggesting plans to liquidate. The exploit worsened BONK's bearish trend, with the token losing 6.72% in value recently despite a surge in trading volume and selling pressure. Analysts predict a further potential price drop of around 18%, with the next target near $0.00000287.
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
This week, geopolitical tensions in the Middle East caused a brief risk-off sentiment in the crypto market, pushing Bitcoin and altcoins lower before Bitcoin stabilized above $63,000. Protocol-based altcoins like DeXe (up 73%), Arbitrum (up 20%), and...
