Possibly affected by the “1 trillion BONK destruction plan”, BONK broke through 0.00005 USDT to a new high

BonkDAO recently destroyed 100 billion BONK in circulation and plans to destroy 1 trillion BONK before Christmas in December. This large-scale destruction plan (BURNmas) will start at 12:01 am UTC on November 15 and end at 12:01 am UTC on December 24. BONK core contributor @iamkadense posted on X: "7.7 trillion BONK has been destroyed, and the daily destruction volume is still increasing. In addition to the 100 billion BONKs destroyed recently, another 1 trillion BONKs will be destroyed at BONKmas, and the community may not stop there." These destroyed tokens will come from applications in the Solana ecosystem that use BONK to achieve one or more functions. According to the official post, these include the destruction of bets placed on Dragontail, Christmas cards sent using BONKmark, transactions on LiveBonk, and other applications specified by BONK's X account. OKX market data shows that BONK has broken through 0.00005 USDT, setting a new record high, and is now reported at 0.000052355 USDT, with a 24H increase of 23.87%. (CoinDesk)