In the week to September 6, 2026, Bonk (BONK) rose about 14%. CoinGecko's daily snapshots show $0.000002987 on August 30 and $0.000003406 at 00:00 UTC on September 7. The gain has not held. On October 25, 2026 at 11:04 UTC, CoinGecko listed BONK at $0.00000301. That is about 11.6% below the September 7 level, 19.1% lower over 30 days and 1.9% higher over seven. Every price here comes from one aggregator, CoinGecko, so treat the figures as one data provider's view of the market.
Where BONK stands now (October 25, 2026)
| Metric | Value (CoinGecko, 2026-10-25 11:04 UTC) |
|---|---|
| Price | $0.00000301 |
| 7-day change | +1.92% |
| 30-day change | −19.13% |
| Market cap | $264.5M (rank #149) |
| Circulating supply | about 87.99 trillion BONK |
| All-time high | $0.00005825, 2024-11-19 |
At $0.00000301, BONK sits about 94.8% below its all-time high. Getting back to that peak would take roughly a 19x move from here. That number describes the gap. It is not a forecast.
The week to September 6, 2026
Price and market cap
| Date (00:00 UTC) | Price | Market cap |
|---|---|---|
| 2026-08-30 | $0.000002987 | $262.8M |
| 2026-09-06 | $0.000003216 | $283.0M |
| 2026-09-07 | $0.000003406 | $299.7M |
Measured on these daily snapshots, the week brought a rise of about 14.0%, and most of it came on September 6. CoinGecko's 24-hour trading volume at the September 7 snapshot was $80.6M. The original version of this article quoted an intraday price of $0.0000035674 (+19.1% over seven days) from a snapshot taken at 17:04 UTC on September 6. That intraday figure has not been verified against a public source.
What changed between September and October
Today's price is close to where BONK started that week. The September 6 rebound added about $37M of market cap by the next morning's snapshot. By October 25 the market cap was $264.5M, about the same as the $262.8M recorded on August 30. In short, the September move did not last into the following weeks.
Could a vote drain this treasury the way BonkDAO's was drained?
Answer three questions about a token with on-chain governance to see how closely its setup matches the July 2026 BonkDAO attack.
Can a governance proposal passed by token holders move funds out of the DAO treasury?
- Yes → next question
- No → This attack path does not apply
- Not sure → Check first
Would buying enough tokens on the open market to meet quorum cost less than the treasury that quorum controls? At BonkDAO, quorum was 1% of total supply, about 879.95 billion BONK; the attacker bought about 882 billion BONK for roughly $4.4 million and moved about $20 million.
- Yes, quorum costs less than the treasury → next question
- No, quorum costs more than the treasury → Quorum costs more than the treasury
- Not sure → Check first
Once a proposal passes, is there a delay before it executes and moves funds? BonkDAO had no execution delay set, so the proposal executed automatically.
- No delay: it executes straight away → Same pattern as BonkDAO
- Yes, a delay is set → Cheap quorum, but a delay is set
- Not sure → Check first
Cheap quorum and no execution delay is the setup the article describes: a quorum costing about $4.4 million controlled about $20 million, and the proposal executed automatically after it passed. Low turnout makes this worse; seven wallets voted on the BonkDAO proposal.
The quorum is still cheaper to buy than the treasury it controls, but a delay before execution leaves time for a malicious proposal to be noticed before funds move. Voter turnout is still worth checking.
The article's warning applies when a quorum costs less to buy than the treasury it controls. On your answer, that condition does not hold. Turnout and execution delay are still part of the article's checklist.
The article's checklist needs three facts: the quorum relative to the supply anyone can buy on the open market, voter turnout, and whether a passed proposal waits before moving funds. Find those before drawing a conclusion.
The BonkDAO attack worked because a passed governance proposal could move treasury funds. If no proposal can do that, this route is closed, though other risks remain.
This checks only the three governance conditions the article describes from press reports of the BonkDAO attack. It does not audit a DAO's code, judge a token's price or other risks, and is not investment advice.
The background: the July 2026 BonkDAO treasury attack
The week did not start from a clean slate. On July 6, 2026, BonkDAO said on X that it had been "the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained." CoinGecko's BONK page still shows a notice about the loss.
Based on reports from July 7, 2026 (Tech Times, crypto.news, ForkLog):
- Submission: the proposal was submitted on June 30, 2026, and the vote ran for six days.
- Quorum: 1% of total supply, about 879.95 billion BONK. On July 4–5 the attacker bought about 882 billion BONK for roughly $4.4 million, which cleared quorum by less than 0.3%.
- Turnout: seven wallets voted. The attacker's stake made up nearly all of the votes cast, giving a 99.9% "yes" result.
- No delay: Tech Times reports that BonkDAO had no execution delay set, so the proposal executed automatically once it passed. Realms, the Solana governance tool, lets each DAO set such a delay.
- Amount moved: about 4.43 trillion BONK, roughly $20 million at the time, moved from the treasury to the attacker's address.
- Response: BonkDAO said it had identified the exchange wallets used to buy BONK ahead of the vote, was working with exchanges, bridges and the Solana Foundation, and had notified law enforcement. None of the reports reviewed confirm that any funds were recovered.
- Price impact: crypto.news reported an 8.5% fall in BONK over the following 24 hours, to about $0.0000044.
The general lesson for any token with on-chain governance: check the quorum relative to the supply anyone can buy on the open market, check voter turnout, and check whether there is a delay before an executed proposal moves funds. When a quorum costs less to buy than the treasury it controls, the treasury is exposed. Here, a quorum costing about $4.4 million controlled about $20 million.
Basic facts about BONK
CoinGecko describes BONK as a dog-themed memecoin on Solana, launched on December 25, 2022. Half of its supply was airdropped to community members, and BonkDAO holds 15% of supply. The project's own site, bonkcoin.com, now claims "1.1M+ holders" and "400+ integrations". These are the project's own figures and have not been independently verified.
Limitations: every price is from one aggregator (CoinGecko), and the attack details come from press reports, not a BonkDAO technical post-mortem.
Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.
