BlockBeats reports that on August 11, according to rockflow data, as a result of the announcement by US-listed company Safety Shot (SHOT) to initiate a BONK treasury strategy, SHOT rose 9.65% in pre-market trading, with the company's market value currently reported at $164 million.
According to HTX market data, BONK has surged over 3% in a short time, currently priced at $0.00002688.
BlockBeats previously reported that US-listed company Safety Shot (Nasdaq: SHOT) announced a strategic alliance with BONK's founding contributors, officially entering the decentralized finance (DeFi) space. Under the agreement, the company will receive BONK tokens worth $25 million in exchange for issuing preferred stock convertible into common shares, totaling $35 million in value.
