Bonk (BONK) — Onchain News & Whale Tracking

Upbit will terminate trading support for BONK on September 7.

According to an official announcement, South Korean cryptocurrency exchange Upbit has announced it will terminate trading support for BONK at 15:00 KST on September 7, 2026.

Trader Bonk Guy: Blindly holding positions with unwavering conviction once led to an eight-figure profit being given back, and he will now realize profits in a timely manner going forward.

Trader Bonk Guy took to social media to share: "A major mistake I made in the past was blind loyalty to my holdings and the communities surrounding them. During the last crypto cycle, I gave back all my eight-figure gains chasing social influence. I won’t make the same mistake this cycle. Vanity metrics like social influence might feel good in the moment, but rarely last long. It’s important to regularly take profits on any coin, as long as the moves are legal and ethical."

The address that previously withdrew 44.26 trillion BONK tokens from the BONK treasury has transferred the remaining 24 trillion BONK tokens to Coinbase.

According to Lookonchain monitoring, the trader who previously legally withdrew 4.426 trillion BONK tokens (valued at roughly $21.2 million) from the BONK vault has deposited the remaining 2.4 trillion BONK tokens (worth approximately $6.94 million) into Coinbase. The trader had earlier withdrawn a large volume of tokens from the BONK vault through legal channels, a move that drew market attention. The specific purpose behind the token transfer to Coinbase remains unclear, and the market will closely monitor whether this could lead to potential selling pressure.

The 'hacker' who drained the Bonk treasury via a governance proposal has deposited the final 1.17 million USD worth of BONK into Coinbase.

According to monitoring by crypto platform Yu Jian, the "hacker" who drained 4.426 trillion BONK from the Bonk treasury via a governance proposal has completed liquidation. Thirty minutes ago, his final holding of 400 billion BONK (valued at $1.17 million) was deposited into Coinbase. All 4.426 trillion BONK he siphoned from the Bonk treasury 13 days ago have now been transferred to centralized exchanges (CEXs). His recent selling activity has pushed BONK’s price down by 40%. The tokens were worth $21.2 million when he first obtained them; after selling amid the price drop over the past days, his total realized proceeds are approximately $13.58 million.

The BONK treasury attacker has once again transferred 400 billion BONK tokens to Coinbase, worth approximately $1.11 million.

According to on-chain analyst Yu Jin Monitoring, the attacker of the BONK treasury transferred 400 billion BONK tokens to Coinbase again 5 hours ago, worth approximately $1.11 million. The address previously obtained 4.426 trillion BONK tokens from the BONK treasury via a governance proposal, valued at around $21.2 million, of which 2.426 trillion BONK have been moved to centralized exchanges (CEXs), worth about $7.88 million. Over the 12 days since the tokens were withdrawn from the treasury, BONK’s price has fallen from $0.0000047 to $0.0000027, a cumulative drop of roughly 41%.

BONK treasury attacker transfers approximately $1.19 million worth of tokens to Binance.

According to Yu Jian Monitoring, the address that previously drained the BONK treasury via a governance attack transferred 400 billion BONK tokens (valued at roughly $1.19 million) to Binance 20 minutes ago. The address spent approximately $4.4 million 10 days ago to purchase enough BONK tokens to meet the governance voting threshold, then submitted a governance proposal that was forcibly passed, siphoning 4.426 trillion BONK tokens from the BONK treasury, worth around $21.2 million.

BONK treasury attacker transfers approximately $4.11 million worth of tokens to Binance.

According to EmberCN’s monitoring, the address that drained the BONK treasury via a governance attack transferred 1.186 trillion BONK tokens (valued at approximately $4.11 million) to Binance three hours ago. This address spent roughly $4.4 million to acquire enough BONK tokens 10 days ago to meet the governance vote approval threshold, then submitted a governance proposal that was forcibly passed, siphoning 4.426 trillion BONK from the BONK treasury, worth around $21.2 million. On the day of the incident, it had already transferred 40 billion BONK (about $190,000) to OKX, with the remaining tokens held on-chain. As of press time, approximately 3.2 trillion BONK (valued at roughly $10.98 million) still remains from the amount drained from the treasury. The incident has caused BONK’s price to drop by a cumulative 28% since the event.

BonkDAO targeted by a malicious governance proposal attack, leading to the theft of approximately $20 million worth of BONK.

Bonk’s official Twitter account posted in the early hours that BonkDAO’s treasury was targeted by a malicious governance proposal, resulting in the theft of approximately $20 million worth of BONK tokens. Investigations indicate the relevant address purchased BONK via a centralized exchange (CEX) wallet prior to the proposal’s launch. BonkDAO is collaborating with CEXs, cross-chain bridges, and the Solana Foundation to address the incident; law enforcement has been notified, and efforts to recover the stolen funds and pursue accountability will continue. In response to the news, BONK fell 8.7% in 24 hours.

Ansem responds to creator token controversy: Won't rug pull, cites Dogecoin and BONK to illustrate his philosophy

Crypto KOL Ansem has responded to the controversy surrounding the recent "creator token" trend. He admitted he was previously cautious about celebrities issuing tokens because he mistakenly assumed they would share his moral standards and wouldn’t "rug pull" for millions of dollars. "That assumption was wrong, but I won’t make the same mistake again," he said, stressing he is not a celebrity and has no plans to rug pull. Ansem noted he believes there is a mutually beneficial way to issue tokens: attract new users to the crypto industry, let people participate via tradable assets, provide liquidity for veteran crypto traders at the bear market bottom, and then channel the resulting attention to truly meaningful projects and teams in the space. He cited Dogecoin and BONK as examples: Dogecoin, which started from zero, still boasts a $11 billion market cap today and was a major user acquisition milestone for crypto; BONK revived the Solana ecosystem at the lowest point after the FTX collapse and airdropped tokens to core developers and teams. Ansem also disclosed he entered the crypto space in 2017, quit his software engineering job in 2021 to focus fully on crypto, and now co-founded trading app Bullpen.fi and hosts a podcast. He emphasized this is the first project he has led, where he controls the majority of token supply; multiple "degen coins" he previously supported were "dumped" after anonymous teams hoarded tokens in advance and hyped them using his influence.

BlackRock and Vanguard Group Disclose Holdings in Bonk Treasury Corp (BNKK)

May 20 – According to the latest 13F regulatory filings, BlackRock and Vanguard Group have disclosed minor holdings in Bonk Treasury Company (ticker: BNKK). BlackRock’s stake totals 33,188 shares, valued at roughly $87,000, while Vanguard Group holds 188,580 shares worth approximately $491,000. Last October, NASDAQ-listed company Safety Shot, Inc. announced a major strategic rebrand: the firm officially changed its name to Bonk, Inc. and shifted its core business focus to operating as a BONK digital asset treasury company. Notably, these small positions typically stem from routine allocations by passive index funds — automatic purchases that happen when a stock is added to small-cap or specific indices — and do not necessarily reflect an active “meme coin” investment bet.

Paxos Officially Supports BONK, Enabling Compliance Transactions for Over 500 Million Users

On April 30, regulated blockchain infrastructure firm Paxos announced its Crypto Brokerage platform now officially supports BONK. With compliance licenses from the U.S. Office of the Comptroller of the Currency (OCC), Finland’s FIN-FSA, Singapore’s MAS, and other jurisdictions, Paxos’s partners—including traditional financial institutions—can now offer users secure, compliant BONK trading and custody services. Paxos noted BONK boasts nearly 1 million holders, integration with over 400 Solana ecosystem projects, and an active community. The move marks BONK’s shift from a community-driven meme coin to a mainstream financial asset. Today, thanks to the same compliance platform trusted by firms like PayPal, Mastercard, and Venmo, more than 5 billion global users can buy BONK via major retail trading platforms and exchanges.

Binance Will Delist BONK/BRL and ME/FDUSD Spot Trading Pairs

Per official sources, Binance will delist and cease support for the BONK/BRL and ME/FDUSD spot trading pairs at 03:00 UTC on March 20, 2026, following a recent evaluation.

Security Alert: bonk.fun Domain Hacked, Do Not Visit

On March 12, bonk.fun founder Tom posted a message on social media, stating: "Avoid using the bonkfun domain until further notice. A hacker has compromised a team account and embedded a fund-draining program on the domain."

BONK.fun: BONKERS Mode Creator Fee will automatically buy back the token

On February 10, BONK.fun announced that creator fees for tokens issued via its BONKERS mode will now be automatically used for token buybacks. Specifically: - 0.5% of these creator fees will go directly toward automatic token buybacks; - Repurchased tokens will be held in a reserve (not burned); - They may be used for CEX listings or liquidity needs—otherwise, they will never be recirculated; - This policy applies only to new BONKERS tokens; existing tokens may gain this feature at a later date.

Cryptocurrency Market Volatility Rebounds, Altcoins Start Rotation Rally, Veteran Meme Tokens such as BROCCOLI714 and BONK Lead Gains

January 5 – Per data from HTX Market, the crypto market continued a volatile rebound on Friday. Key major tokens show mixed small gains: - Bitcoin is currently trading at $91,327, up 0.76% over the past 24 hours; - Ethereum sits at $3,141, with a 0.42% gain in the last 24 hours; - SOL trades at $134.08, up 0.43% over the same period; - BNB is at $894.2, a 1.71% increase in the past 24 hours. The total cryptocurrency market capitalization has rebounded 0.9% over the last 24 hours, now standing at $3.207 trillion. The altcoin market has entered a rotational uptrend, with prominent old-school meme tokens leading the charge. Top 24-hour gainers include: - BROCCOLI714: $0.029, up 57.6% - BONK: $0.000012, 28.5% gain - BOME: $0.000856, up 25.7% - WIF: $0.408, 20.35% increase - STX: $0.3559, up 18.16% - PEPE: $0.0000072, 16.78% gain - PNUT: $0.0971, up 16.43% - DOGS: $0.0000501, 16.24% increase ### Notes on American English adjustments: 1. **Concise struc

The OG Meme Coin and Shitcoin Season Rotation Continues, BONK Surges Over 31% in 24 Hours

January 4th — Per HTX market data, as Bitcoin extends its rally and breaks above $91k, the rotation trend of old-school meme coins and altcoins persists. Key movers include: - BONK: 24h change +31.17% | Current price $0.0000118 - CVX: 24h change +28.32% | Current price $2.181 - RENDER: 24h change +20.7% | Current price $1.817 - FLOKI: 24h change +19.8% | Current price $0.000057 - GUN: 24h change +18.52% | Current price $0.01425

PEPE Rebound Drives Classic Meme Rally, FLOKI, PENGU, BONK Surge Over 15%

January 2nd — Per HTX market data, veteran meme coins broadly rallied Tuesday, likely driven by a strong rebound in PEPE. - PEPE: Up 37% over the past 24 hours, last trading at $0.00000569 - NEIRO: Up 23.69% in the last 24 hours, last trading at $0.00013 - FLOKI: Up 18.77% over the past day, last trading at $0.000047 - PENGU: Up 16.41% in 24 hours, last trading at $0.01 - BONK: Up 15.9% over the past 24 hours, last trading at $0.00000883 - PNUT: Up 14% in the last day, last trading at $0.08 - BOME: Up 12.64% over 24 hours, last trading at $0.000623

The Bitcoin Capital's BONK ETP will be listed on the Swiss Stock Exchange on November 27th.

On November 25th, according to SolanaFloor, Bitcoin Capital declared that its regulated BONK ETP is set to be listed on the SIX Swiss Exchange on November 27, 2025, thereby offering European investors investment exposure tied to the Solana ecosystem meme coin BONK.

BONK Launches New Product: Junk.fun

On November 5th, according to official channels, a new product that is supported by the Meme coin BONK within the Solana ecosystem and the privacy blockchain Manta Network, namely Junk.fun, has been officially launched. Junk.fun makes use of Solana's rent exemption mechanism to assist users in one-click burning worthless Memecoins or NFTs, releasing the locked SOL rent and converting it into CREDITS points. Users are able to use CREDITS points to participate in official ecosystem activities. Currently, a total reward pool of $75,000 has been opened, and the event will last for three weeks.

Safety Shot, Inc. has been renamed to Bonk, Inc. and will be listed on Nasdaq under the new ticker symbol "BNKK".

October 10th. As per official channels, Safety Shot, Inc. (with the NASDAQ ticker symbol SHOT) has officially changed its name to Bonk, Inc. Beginning from October 10th, the company will commence trading on the Nasdaq market under the new name Bonk, Inc. and the new stock ticker symbol "BNKK". This rebranding signifies the accomplishment of the company's strategic transformation, in line with the multi-billion-dollar BONK ecosystem. This shift originates from the company's acquisition of recurring revenue-sharing rights in the Meme token issuance platform bonk.fun, thereby firmly establishing a substantial BONK token reserve. Furthermore, BONK Inc. will set up its digital asset treasury. As part of its strategy, BONK Inc. aims to hold between $1.1 billion and $1.2 billion worth of BONK tokens. As of the current moment, the company has reached 51% of this objective. In the next two months, BNKK will introduce two more revenue-generating products with the aim of expediting the accumulat

bonk.fun is launching project BONK1 to advance the launch of USD1

On September 25th, the token launch platform bonk.fun initiated Project BONK1. The team declared that they would reallocate a portion of the community marketing funds within the remaining days of September to promote the launch of USD1 and start exploring strategic partnership plans with other community tokens.

Four.Meme's token supply in the last 24 hours has surged to 5713, significantly outpacing platforms like LetsBonk and LaunchLab.

On September 23rd, according to DUNE Data, recently the activity within the BNB Chain ecosystem has increased. The token launch platform Four.Meme has witnessed a substantial surge in supply. In the past 24 hours, it had a token supply of 5713, and a total of 549 graduated tokens. During the same time period, Pump.fun issued 17,401 tokens, LetsBonk issued 1,218 tokens, LaunchLab issued 100 tokens, and Believe issued 98 tokens.

A whale deposited 3,000,000 USDC into Hyperliquid, longing BONK, ETHFI, PENGU, and PEPE with 1x leverage.

September 19th. Based on the monitoring of Onchain Lens, a whale transferred 3 million USDC into Hyperliquid and established multiple long positions with a leverage of 1x on BONK, ETHFI, PENGU, and PEPE.

BonkFun's largest USD1 transaction pool, Freya Protocol, has announced the first USD1 ICM matching incentive, with 100% of the USD1 pair revenue used for buyback.

September 16th. According to official channels, the BonkFun USD1 Liquidity Incentive Program, which was jointly launched by WLFI and BONK, has become active. As the largest USD1 pool in BonkFun and the first USD1 trading pair on the ICM protocol, the Freya Protocol has declared a 100% buyback-matching incentive system for the revenue of the USD1 trading pair, aiming to facilitate the adoption of USD1 and the growth of the ecosystem.

Top Solana Launchpad Market Share in the Last 24 Hours: pump.fun, Letsbonk, Believe in the Top Three

On September 11th, according to the Jupiter Data Dashboard, within the past 24 hours, in the Solana launchpad market share ranking, pump.fun holds the top position with 81.1%, Letsbonk comes in second with 10.5%, and Believe ranks third with 3.23%.

The USD1-Powered ICM Protocol, Freya Protocol, is about to launch on the BonkFUN 2.0 USD1 Launchpad

On September 11th, according to official information, the ICM protocol Freya Protocol, which is backed by 1 USD and supported by the Bonk team and Solana core contributors, is about to launch the BonkFUN 2.0 1 USD Launchpad. Freya Protocol is a one-stop gateway to the Internet Capital Market (ICM). By standardizing the game and IP revenue-driven buyback flywheel, FREYA enables global IPs and enterprises to seamlessly enter the Internet Capital Market, expand their brand influence, user base, and on-chain monetization models. At the same time, investors and fans can directly invest in on-chain assets and grow together with their favorite IPs and enterprises, obtaining a sense of ownership, participation, and win-win value.

Top Solana Launchpad Market Share in the Last 24 Hours: pump.fun, Letsbonk, Meteora DBC Rank Top Three

On September 7th, according to the Jupiter Data Dashboard, in the past 24 hours within the Solana launchpad market share ranking, pump.fun took the first place with 70.2%, Letsbonk came in second with 17.9%, and Meteora DBC ranked third with 5.2%.

Top Solana Launchpad Market Share in the Last 24 Hours: pump.fun, Letsbonk, Believe ranked top three

On September 4th, according to the Jupiter Data Dashboard, in the past 24 hours, in the Solana launchpad market share ranking, pump.fun took the first place with 77.2%, Letsbonk came in second with 9.73%, and Believe ranked third with 3.58%.

The Freya Protocol based on the USD1 ICM agreement will launch synchronously with BonkFun 2.0, and token pre-deposit is now open.

On September 4th, as per official information, the Bonk team, with the assistance of Solana core contributors, is set to launch the Bonkfun USD1 transaction pool ICM (Internet Capital Market) protocol Freya Protocol. This launch will be concurrent with the rollout of BonkFun 2.0 and the completion of the migration. The token pre-deposit has already begun. Holders can pre-deposit the FREYA token into the treasury and will receive an equivalent amount of Freya Protocol tokens along with a 5% pre-deposit bonus once BonkFun 2.0 is launched.

Top Solana Launchpad Market Share in the Last 24 Hours: pump.fun, Letsbonk, Believe ranked in the top three

On September 2nd, according to the Jupiter Data Dashboard, in the past 24 hours within the Solana launchpad market share ranking, pump.fun held the top position with 70.2%, Letsbonk came in second with 21%, and Believe ranked third with 1.82%.

Due to the impact of the BONK.fun and WLFI partnership announcement, the Bonk ecosystem development protocol token GP surged 34% in just under 1 hour.

On September 1st, based on GMGN market information, the Bonk ecosystem development protocol token GP surged by 34% in the past hour, and its current market value is $1.168 billion. In earlier news, WLFI announced that USD1 has officially been launched on Solana and has integrated with Raydium, BONK.fun, and Kamino.

The Bonk team has confirmed that Freya will become the Bonk ecosystem's USD1 trading pair on the ICM protocol, and will receive support from Solana's ecosystem core contributors.

On September 1st, the Bonk team announced that Freya will become the USD1 trading pair ICM (Internet Capital Market) protocol within the Bonk ecosystem, with the support of Bonk and Solana ecosystem core contributors. The day before, founder Natsuki attended the Japan Solana ecosystem conference SuperTokyo and initially revealed the evolution from a single ICM flywheel to the ICM protocol Freya Protocol. It also received support from ecosystem core contributors such as Jupiter, Bonk, Jito, Backpack, Metaplex, Superteam, and the Solana Foundation.

BONK.fun: We are thrilled to announce that we are the official Launchpad on Solana for USD1, stay tuned for partnership details.

On September 1st, BONK.fun, a token launch platform within the Solana ecosystem, announced with pride that it has been honored to serve as the official launchpad on Solana for projects with a valuation of USD1. Further details regarding the launch and the significance of this collaboration will be made public shortly.

WLFI: USD1 Officially Launches on Solana and Integrates with Raydium, BONK.fun, and Kamino

On September 1st, it was announced that 1 USD is backed 1:1 by reserve assets and was integrated on its first day on Solana along with Raydium, BONK.fun, and Kamino.

Top Solana Launchpad Market Share in the Last 24 Hours: pump.fun, Meteora DBC, Letsbonk

On August 31st, as per the Jupiter Data Dashboard, within the past 24 hours in the Solana Launchpad market share ranking, pump.fun took the lead with 49.3%, Meteora DBC came in second with 35.3%, and Letsbonk secured the third position with 10.1%.

Freya announces its participation as the ICM Protocol for the Bonk ecosystem USD1 pair, supported by the Bonk team and Solana ecosystem contributors.

August 30th. As per official information, Freya is set to become the USD1 trading pair within the Bonk ecosystem's ICM (Internet Capital Market) protocol, with the backing of Bonk and the Solana ecosystem contributors. The founder, Natsuki, initially unveiled the Solana ICM protocol Freya Protocol at the Japan Solana ecosystem conference SuperTokyo the previous day and received support from Jupiter, Jito, Backpack, Sphere, Metaplex, Superteam, and the Solana Foundation.

Top 3 Solana IDO Platforms by 24h Market Share: pump.fun, Letsbonk, Believe

On August 29th, according to the Jupiter Data Dashboard, within the past 24 hours, in the Solana issuance platform market share ranking, pump.fun holds the top position with 83.4%, Letsbonk comes in second with 6.99%, and Believe takes the third place with 2.43%.

Bonk Ecosystem Development Protocol Token GP Market Cap Surpasses $85 Million, Surging Over 40% in 24 Hours

A whale address is slowly accumulating the Bonk ecosystem's Governance and Propaganda (GP) token, amassing over $480,000 worth of GP in less than a month.

On August 27th, as per the on-chain analytics platform Stalkchain, a wallet received a fund inflow of $249,000 22 days ago and has been continuously purchasing the Bonk ecosystem development protocol GP token. A few days later, within 16 days, this wallet withdrew $843,000 from Binance. During this period, it has been gradually accumulating GP. Currently, the wallet has accumulated tokens worth approximately $481,200.

Top Solana Launchpad Market Share in Last 24 Hours: pump.fun, Letsbonk, Meteora DBC in Top Three

On August 26th, according to the Jupiter Data Dashboard, within the past 24 hours, in the Solana launchpad market share ranking, pump.fun took the first place with 73.3%, Letsbonk came in second with 6.95%, and Meteora DBC ranked third with 5.48%.

BONK Treasury Company Safety Shot has successfully completed a $30 million financing round, with $25 million paid by BONK founding members in token form.

On August 25th, according to a report from "businessinsider", the BONK Treasury company Safety Shot announced the completion of a $30 million financing round. The lead investor was FalconX and others. The transaction involved an approximately $5 million cash registration direct issuance and a $25 million simultaneous private placement. These funds were paid in BONK tokens by the BONK founding members.

Top Solana Launchpad Market Share in the Last 24 Hours: pump.fun, Letsbonk, Meteora DBC in the Top Three

On August 24th, according to the Jupiter Data Dashboard, in the past 24 hours within the Solana launchpad market share ranking, pump.fun held the top position with 76.8%, Letsbonk came in second with 8.43%, and Meteora DBC took the third place with 8.2%.

Raydium: Over $13 Million in $RAY Rewards Distributed Since LaunchLab and LetsBonk Launch

On August 21st, Raydium tweeted that since the commencement of LaunchLab and LetsBonk, Raydium has allocated more than $13 million (approximately 4.1 million RAY) in rewards to traders and creators.

In the past 24 hours, Letsbonk has only minted 1 graduate token, causing its market share to shrink to 1%.

On August 20th, BONK's Meme launchpad Letsbonk witnessed a notable decrease in token issuance and graduation tokens within the past 24 hours. It dropped from recent peaks and had once exceeded Pump.fun. In the past 24 hours, Letsbonk only had 1 graduation token, while Pump.fun had 166. According to Dune Analytics data, in the past 24 hours, the token issuance of Pump.fun was approximately 20,096, LetsBONK was 338, and BAGS was 920. It is noteworthy that the Launchpad platform Heaven has recently experienced a significant increase in market share, with a token issuance of 6,967 in the last 24 hours. In the past 24 hours, in the Solana token launch platform market share ranking, Pump.fun holds 63.6%, Heaven holds 28%, and Letsbonk's market share has contracted to 1%.

pump.fun's market share in the last 24 hours has increased to 87.3%, further widening the gap with Letsbonk and Bags in terms of share.

On August 19th, according to Jupiter Data, in the Solana token issuance platform market share ranking over the past 24 hours, the market share of pump.fun in the past 24 hours has risen to 87.3%, further expanding the gap with Letsbonk and Bags. The market shares of Letsbonk and Bags, which are ranked 2nd and 3rd respectively, are 3.4% and 2.62%.

pump.fun's 24-hour market share has risen to 79.4%, while Letsbonk has dropped to 12.9%.

On August 18th, according to Jupiter Data, on the Solana token issuance platform market share leaderboard within the past 24 hours, pump.fun holds the top position with 79.4%, Letsbonk comes in second with 12.9%, and BAGS takes the third place with 3.08%.

pump.fun has captured over 70% of the market share in the last 24 hours, causing Letsbonk to fall to 17.9%.

On August 14th, according to Jupiter Data, on the Solana token issuance platform market share leaderboard in the past 24 hours, pump.fun took the lead with 70.6%, Letsbonk ranked second with 17.9%, and BAGS ranked third with 6.33%.

pump.fun Market Share Surpasses Letsbonk, Regains Top Spot in Solana Token Launchpad Ranking

On August 12th, according to Jupiter Data, on the market share leaderboard of the Solana token issuance platform in the past 24 hours, pump.fun holds the top position with 69.7%, followed by Letsbonk at 15.2% and BAGS at 9.14%.

The new BONK Financial Corp Safety Shot (SHOT) token price is halved.

US publicly traded company Safety Shot announced that it will launch the BONK Treasury Strategy

On August 11th, as per stocktitan, the US-listed company Safety Shot (Nasdaq: SHOT) announced a strategic alliance with a founding contributor of BONK and officially entered the field of Decentralized Finance (DeFi). Under the terms of the agreement, the company will receive $25 million worth of BONK tokens and will issue preferred shares convertible into common stock with a total value of $35 million in exchange. This enterprise, which has $15 million in cash and has paid off all its debts, chose BONK as its financial strategy target mainly considering the token's competitive advantages. Built on the Solana blockchain, BONK has high-speed transaction capabilities and a deflationary tokenomics model. Currently, it has a market capitalization exceeding $2 billion and 980,000 on-chain holders.