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Bonk Price Bleeds After Shock Treasury Hack While Smart Money Quietly Floods Into PEPETO

08-03-2026 09:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TOKENWIRE

/ PR Agency: https://www.tokenwire.io
Bonk Price Bleeds After Shock Treasury Hack While Smart Money

Bonk price fell after BonkDAO lost roughly $20 million through a malicious governance proposal that drained 4.4 trillion BONK tokens from the treasury. The attack exposed a weakness in the governance system that spooked holders across the meme coin market.

While Bonk price struggles to recover, a different kind of activity is building inside the PEPETO https://pepetocoin.com presale, where more than $10.5 million has flowed in so far. The wallets behind that capital see a former Binance expert leading the project toward an expected Binance listing and are treating the presale as the meme coin entry backed by real products.

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BonkDAO Loses $20 Million in Governance Attack

According to Decrypt, a passed governance proposal drained more than 4.4 trillion BONK tokens, worth roughly $20 million, from the BonkDAO treasury on July 6. The tokens moved to a wallet ending in JHvQ during what the team called a malicious attack on the governance system.

The hack came during a week when Solana dropped 13% and the entire meme coin market was under heavy selling pressure. The BONK team said it is working with centralized exchanges and the Solana Foundation to track the stolen funds and prevent further damage.

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Bonk Price and PEPETO Presale Show Opposite Signals Across the Meme Coin Market

PEPETO: Former Binance Expert Builds the Meme Coin Trading Hub Wallets Are Entering

PEPETO is the presale meme coin traders keep circling back to, and the setup explains why. An expected Binance listing waits at the end of the presale, and the token will also open on PepetoSwap, the project's own trading hub, so early holders face two launch events where price discovery works in their favor.

The Pepeto https://pepetocoin.com presale still accepts entries at $0.0000001886 per token, the kind of number that only exists before an exchange listing rewrites it, and the full distance between that entry and the first listed price belongs to whoever got in early. Presale stages climb as they sell, so every closed stage locks in a better cost basis for wallets already inside.

The confidence behind those entries comes from the team. A former Binance expert built PEPETO around a risk scorer and a cross-chain bridge, so traders can check a contract before risking money and then move tokens across chains that used to be walled off. Safer entries bring in more traders, more traders bring volume, and volume is what makes a listing day explosive.

Both tools passed a SolidProof audit, the 420 trillion supply shrinks through built-in burns, and the 167% staking APY pays holders to stay locked while more than $10.5 million of committed capital keeps proving the conviction is real.

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Bonk Price Prediction: DAO Hack Pressure Tests the Meme Coin Recovery

The Bonk price data shows the token trading near $0.0000028 after a month that saw the value drop by more than 34%. According to CryptoRank, the BONK token fell from higher levels after the $20 million DAO treasury drain spooked holders and triggered a sharp correction. The meme coin hit a range floor near $0.000004 and dipped below it as the broader Solana market weakened with SOL falling to around $72.

On the weekly chart, BONK remains down roughly 19% and trading volume sits around $27 million daily. Analysts say the 2026 Bonk price target still falls between $0.000016 and $0.000033 if the broader market recovers and governance fixes restore confidence. The $0.000004 level is the line to watch, and any move above it would signal buyers stepping back in after the worst of the selling.

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Conclusion

Bonk price today shows the token looking for a bottom after the DAO hack, but the real signal is not which meme coin recovers first. The real signal is how fast the PEPETO presale is filling during market fear. Wallets putting in more than $10.5 million during a sell-off expect listing returns that make waiting months for a large cap 2x look pointless.

The presale fills faster each stage, and that pace of capital is the clearest confirmation any trader can read. Based on what the numbers in this article show and what every past cycle proved about presales that fill during fear, entering PEPETO before this stage closes is the move traders look back on and call obvious.

Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com

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FAQs

What caused the Bonk price drop?

A malicious governance proposal drained $20 million in BONK from the BonkDAO treasury in July.

Why are wallets choosing PEPETO over BONK?

PEPETO offers a risk scorer, a cross-chain bridge, and an expected Binance listing.

What is the Bonk price prediction?

Analysts see $0.000016 to $0.000033 in 2026 while the PEPETO presale keeps filling.

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Disclaimer:

The information contained in this article is for informational purposes only and should not be interpreted as investment advice. Cryptocurrency markets are highly volatile, and investing carries significant risks, including the potential loss of principal. Always consult a licensed financial advisor or conduct your own research before making financial decisions.

Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto

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