BONK News Today: Upbit Delisting Crashed Price About 10%
Bhumika Baghel
BONK News Today: What’s Next After Upbit $BONK Delisting
BONK news today centers on a major announcement from Korea's largest crypto exchange, Upbit. The exchange will delist $BONK on September 7, 2026.
The Solana meme coin delist move followed after the project failed to resolve security incidents and weak disclosure.
Following this Upbit delisting news, the BONK coin price crashed about 10%, and 24-hour volume jumped 200% as holders rushed to exit.
BONK Upbit Delisting Details: Timeline and Trading Pairs
The exchange's official notice set clear terms for the move:
Delisting date: September 7, 2026, at 15:00 KST
Pairs removed: BONKKRW and BONKUSDT
Open orders on those pairs get canceled at that time
Withdrawals stay open until October 7, 2026
Deposits stopped earlier, on July 7, 2026, when Upbit first flagged $BONK as a caution asset and opened a formal review. After about a month, the exchange found the issues unresolved and moved to a full delisting.
BONK Price Today After the Fresh Delisting News Broke Out
The mem coin sits near a three-year low today. The token dropped more than 10% following Upbit-BONK news today, before settling down about -8% right now. Volume is up 200%, stating selloff moves.
$BONK price today trades below all its key moving averages.
Source: CoinMarketCap Official
Current Price: $0.0000002537, down 8.16%
Market Cap: $223.5 million
Trading Volume: $68.3 million, up 200.8%
Fully Diluted Value (FDV): $226 million
Circulating Supply: 87.99 trillion $BONK
Wider altcoin trends add pressure too. The CoinMarketCap Altcoin Season Index fell 29.4% in a week, down to a reading of 36 from 51, pointing to broad weakness across smaller tokens.
Why BONK Matters and How This Delisting Affects Holders Right Now
$BONK launched on Christmas Day 2022 as a Solana meme coin. Developers gave away half its 100 trillion token supply to the community, including NFT holders, artists, and active wallets, with no early venture cut. That fair launch helped lift Solana activity during a slow, post-FTX stretch.
The project grew fast:
Integrations across hundreds of apps in DeFi, NFTs, gaming, and payments
A fee-driven burn system built into the token
A launchpad called Bonk.fun for new meme tokens
Governance run through BonkDAO
That governance system caused the current trouble.
On July 6, 2026, an attacker spent about $4.4 million to gain just over 1% of total supply, through a BonkDAO exploit.
Turnout on a key proposal, BIP #76, sat near 2.9%. The proposal passed on that thin vote, and roughly $20 million left the BonkDAO treasury.
No code got hacked; the attack used low turnout in open voting.
Holders now face clear deadlines:
Move $BONK off Upbit before October 7, 2026, or risk access limits
Expect tighter liquidity once the pairs leave Upbit-Exchange
Expect more price swings as Korean holders shift funds elsewhere
Expect more exchange caution toward meme coins with weak governance
Bithumb Takes the Opposite Stance on the BONK Delisting Watchlist Now
Bithumb, another top South Korean exchange, moved the other way. It took $BONK off its own delisting watchlist, reversing an earlier caution status, and said $BONK now meets its rules for compliance and stability.
The two moves sit in direct contrast. Upbit saw the same governance failure as serious enough to end trading, while Bithumb judged the token's current state as acceptable. $BONK's Korean market access now sits split down the middle.
What Comes Next for $BONK After the Upbit Delisting Date Finally Hits
The calendar is set: Upbit trading ends September 7, 2026, and withdrawals close October 7, 2026. Past those dates, the open question is how the BonkDAO team fixes its security gaps, and whether other exchanges follow Upbit's path or Bithumb's.
That is the full picture in BONK news today. The bigger lesson reaches past one token: low voter turnout can turn an open DAO vote into a real attack point.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Crypto markets carry significant risk. Always do your own research before making any investment decisions.
