Bonk: Attacker Drains $21M Treasury via Governance Vote

Bonk suffered a governance attack when an individual spent $4.4 million acquiring 882.285 billion BONK tokens to meet the 1% voting threshold, passed a proposal draining 4.426 trillion BONK worth $21.2 million from the treasury into a controlled wallet, then moved portions to OKX and another address.

With price at $0.0 testing EMA50 support at $0.0 and EMA200 resistance at $0.0 while RSI(14) sits neutral at 43.55 and MACD shows bearish Death Cross at -0.0 inside Bollinger Bands, the structure signals continued downside pressure that could accelerate any BONK price prediction revisions amid broader crypto market crash fears and rising Solana governance risks.