In August 2025, the BONK token, built on the Solana platform, faced a significant price drop of 6-8% due to heavy selling, followed by recovery from late buying.
Price Drop of BONK
The BONK token experienced severe volatility driven by selling pressures and liquidations. The price fell by 6% to 8% before a wave of buying helped restore stability.
Safety Shot Investments
Safety Shot, listed on NASDAQ, acquired $25 million worth of BONK tokens. This marks a significant institutional entry, illustrating trust in the potential of the BONK ecosystem.
Meme Token Market and its Impact on BONK
The situation with BONK highlights the volatility of the meme token market, presenting both risks and opportunities for investors. The team's silence during this instability may negatively impact community confidence.
Recent events surrounding BONK illustrate the volatility and opportunities present in the meme token segment. The investments from Safety Shot may assist in stabilizing the situation, but without communication with the community, BONK risks losing user trust.