Share this article

BONK Rallies Despite Market Volatility as Safety Shot Commits $25M in Token Financing

The Solana-based meme coin consolidates near $0.0000205 after a corporate financing deal boosts market confidence.

Aug 26, 2025, 3:04 p.m.
BONK, Aug. 26 2025 (CoinDesk)
BONK, Aug. 26 2025 (CoinDesk)

What to know:

  • BONK traded between $0.0000197 and $0.0000212 on Aug. 25–26, an 8% range.
  • Safety Shot Inc. funded $25 million of its $30M financing in BONK tokens, signaling corporate adoption.
  • Despite a sharp 5% decline early, BONK regained stability above $0.0000203.

BONK, the Solana-based meme token, endured sharp price swings during the last 24 hours, reflecting both selling pressure and large accumulation. The token moved within an 8% range between $0.0000197 and $0.0000212, ultimately consolidating near $0.0000205.

The heaviest selling occurred during the Aug. 25 evening, when BONK fell about 5% from $0.0000208 to $0.0000197 on trading volume exceeding 1.8 trillion tokens, substantially above daily averages, according to CoinDesk Research's technical analysis data model.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Buyers reentered at these levels, building technical support around $0.0000197 and driving prices back into a narrow consolidation band between $0.0000203 and $0.0000205.

Corporate participation helped reinforce market confidence. Safety Shot Inc., a Nasdaq-listed company, confirmed a $30 million financing arrangement on Aug. 25, with $25 million denominated in BONK tokens. The deal reflects rising interest in meme coins as part of broader corporate finance strategies, underscoring BONK’s role as a key Solana-based alternative to established meme assets.

BONK showed signs of resilience on Tuesday, edging from $0.0000203 to $0.0000204 (a modest 0.3% gain). Notably, between 11:49 and 11:56 UTC, trading activity accelerated, with more than 17.5 billion tokens exchanged, suggesting liquidity remains robust even during periods of consolidation.

This balance between institutional adoption and heightened volatility positions BONK as a closely watched meme token within the Solana ecosystem.

Technical Analysis

  • Range: $0.0000197–$0.0000212 (8% volatility).
  • Correction: 5% decline during the evening of Aug. 25.
  • Volume Spike: 1.81 trillion tokens exchanged during selloff.
  • Support Zone: Established near $0.0000197.
  • Consolidation: Prices held between $0.0000203–$0.0000205.
  • Momentum: 1% gain during rally supported by 17.5B tokens.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

'We do not do illegal things': Inside a U.S.-sanctioned stablecoin issuer's race to build a crypto giant

Oleg Ogienko, director for regulatory and overseas affairs at A7A5, at Consensus in Hong Kong (provided)

Oleg Ogienko, the public face of A7A5, pitched the ruble-pegged stablecoin as a fast-growing trade rail built to move money across borders despite sanctions pressure.

What to know:

  • Oleg Ogienko, the public face of ruble-denominated stablecoin issuer A7A5, insists the firm complies fully with Kyrgyz regulations and international anti-money-laundering standards despite extensive U.S. sanctions on its affiliates.
  • A7A5, whose issuing entities and reserve bank are sanctioned by the U.S. Treasury, has grown faster than USDT and USDC and aims to handle more than 20 percent of Russia’s trade settlements, primarily serving businesses in Asia, Africa and South America trading with Russian partners.
  • Ogienko said that he and his team were developing partnerships with blockchain platforms and exchanges during Consensus in Hong Kong, though declined to name specifics.