Today: 6 July 2026
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NASDAQ:TRMD 7 January 2026

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  • BONK hit by $20M governance exploit while HMSTR and PEPE show split performance
    July 6, 2026, 5:08 PM EDT. BONK dropped 7.8% after a $20 million treasury exploit using a governance attack, raising issues around liquidity limits in the meme-coin trade. The coin had bounced over the weekend but now has a $384.5 million market cap and $108.3 million in daily volume. The hack puts stress on the ecosystem's balance sheet. HMSTR jumped 27.2% in the past 24 hours with volume running nearly four times its market cap, suggesting quick trading turnover and light capital base. PEPE holds a bigger $1.15 billion cap and 13.8% gain for the week but trades roughly 90% off its peak, showing more stable but slower market action. The moves show how liquidity and governance trouble meme coins in different ways.
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