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Aug 7, 2026

Upbit delists BONK memecoin, sending price to nearly 3-year low

South Korea's largest crypto exchange Upbit announced it will delist Solana-based memecoin BONK, causing the token to fall to its lowest price since November 2023 with trading set to halt by September.

Aug 7, 2026·3 sources

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Top claims

▪Upbit had previously designated BONK as a 'trading caution' asset in early July 2026 before conducting a follow-up evaluation
▪The delisting of BONK follows South Korean exchanges adopting a more stringent approach to investor protection and virtual asset listing guidelines
▪Following the Upbit delisting announcement, the price of BONK fell to an intraday low of $0.00000255, its lowest level since November 2023

Topics

Solana ecosystem Crypto exchanges Meme coins Crypto markets Crypto market regulation

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