Crypto Scenario Insights
What happened
A malicious governance attack on BonkDAO resulted in the draining of 4.4 trillion BONK tokens, valued at $19.3 million, from its treasury.
What we think
The most likely outcome for BONK is a period of sustained price weakness and constrained liquidity, holding a 55% probability.
Read the analysis
BonkDAO Treasury Drained: Governance Risk or Isolated Incident for Solana Meme Coin?
We explain what happened and what could follow. We do not forecast prices.