BONK Price Trembles Over 8% as Upbit Delists the Memecoin—Can Bulls Prevent Deeper Sell-off?

BONK price dropped 8% after South Korean exchange Upbit announced plans to delist the memecoin. The token has been in a bearish trend since May, losing nearly 70%. The recent decline pushed BONK below a crucial support level, raising concerns about further sell-offs. Bulls are trying to prevent deeper losses amid the negative exchange news.