[Market Pulse] 🚀 Nasdaq Firm’s $25M BONK Buy: Memecoin Hype or Risky Bet?
Safety Shot Inc., a Nasdaq-listed firm, allocated $25M to BONK memecoin for its treasury on August 12, 2025, a historic move for a public company.
Partnered with Common Wealth Ventures, this validates memecoins as corporate assets, potentially fueling a BONK rally on Solana.
However, SHOT’s stock dropped ~50% in after-hours trading on August 12, reflecting market skepticism, before closing 18% lower at $0.456.
Key Points:
✅ First Nasdaq firm to hold memecoin
🔥 Could drive BONK adoption
📉 50% after-hours stock drop
💬 Is BONK a corporate game-changer? Share your thoughts! 👇
#DeFiGetsGraded
#CryptoNews #MarketMoves #BinanceSquare
🌟 Follow me for daily crypto market insights and trading tips!
$WCT