The popular Solana meme coin Bonk ($BONK) is seeing a surge in institutional interest. Safety Shot Inc. ($SHOT), a Nasdaq-listed beverage company, announced on Wednesday that it is launching a BONK treasury program.
As part of the deal, Nom, a core BONK contributor, will seed $25 million worth of BONK into Safety Shot’s treasury to support the coin’s integration. In return, Nom and the BONK team will receive $35 million in preferential shares of Safety Shot.
Nom will also join the company as a strategic advisor for its on-chain initiatives. Safety Shot said it plans to acquire an additional $115 million in BONK over time, with the aim of owning roughly 5% of the token’s total supply.
Unsurprisingly, the Bonk price is showing considerable bullish strength, rebounding by nearly 20% from its August 6 lows.
Several seasoned traders are buying $BONK as a beta bet on Solana, particularly as the latter is showing signs of an explosive breakout.
Bonk Price Prediction – How High Can The Solana Meme Coin Go?
Bonk has emerged as one of the most in-demand Solana meme coins, particularly among institutions and smart money investors.
Stalkchain, which tracks smart money wallets, has identified $BONK as one of the most purchased coins in recent weeks.
Prominent analyst Unipcs, popularly known as The Bonk Guy, has also revealed that he has accumulated $BONK as a beta play on Solana, treating it as leveraged $SOL.
The Bonk price is currently trading at $0.0000278, which is also a key resistance level. A daily close above it would be a strong buy signal, while a rejection below could result in more downside volatility.
However, strong bullish sentiment is forming around $BONK. For instance, the Solana meme coin has defended the $0.24 support level, despite multiple attempts by bears to break below it.
Moreover, Bonk’s Moving Average Convergence/Divergence (MACD 12, 26) is nearing a golden cross, which would confirm an imminent explosive bull rally. Ultimately, $0.38 remains the key resistance level, and a breakout above would likely result in new all-time highs. ‘
Considering the strong demand for $BONK, it wouldn’t be any surprise if it hits the $10 mark this year.
Could Snorter Offer 100x Returns This Year?
Besides large-cap memes like Bonk, Dogwifhat and Fartcoin, smart money investors are also stacking low-cap gems like SNORT.
Buying SNORT is a double win for investors. Not only does it have high upside potential, but it also powers the Snorter Bot, the fastest Telegram-based crypto trading bot on the market.
The project aims to give retail traders the same speed, automation, and precision tools typically reserved for high-frequency traders and whales. Operating entirely within Telegram, the Snorter Bot allows users to snipe new token launches within milliseconds of liquidity appearing, reducing the risk of missing early entry points.
Beyond sniping, the bot integrates advanced trading features such as stop-loss and take-profit orders, copy trading from wallet addresses, and automated sell triggers to lock in profits. It also screens for common rug-pull mechanisms, helping users avoid scam contracts.
Already the fastest Solana sniper bot, Snorter would soon support Ethereum and all EVM-compatible chains.
The SNORT token powers the ecosystem by unlocking premium features, reducing transaction fees, and enabling staking rewards, which explains its strong demand. It has already raised over $3 million in its ICO, with whales and smart money investors among its early buyers.
Many are even calling the Snorter coin the next 100x crypto.
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