Recently, a NASDAQ-listed company has caused a stir in the crypto assets market by purchasing 228.9 billion BONK tokens for $55 million, accounting for 2.5% of the total supply. This move not only demonstrates the company's forward-looking strategic layout but also marks the first time that a meme coin has been officially included in the treasury of a publicly listed company.



It is worth noting that the company's average purchase cost is only $0.00002184, demonstrating its precise market insight. More importantly, the company also plans to integrate BONK into the decentralized finance (DeFi) ecosystem of Solana, which will undoubtedly open up new revenue sources and application scenarios for BONK.

The significance of this purchase goes far beyond the amount itself. It greatly enhances the legitimacy and market recognition of BONK, while also paving the way for the development of other Meme coins. This could signal that the Meme coin market is about to enter a new stage of development.

From a trading perspective, the market generally holds an optimistic view on the prospects of BONK. Considering the current market dynamics and potential growth space, investors might consider gradually building positions during price corrections.

Overall, this incident could become an important turning point in the history of Meme coin development. It not only reflects the changing attitude of traditional financial institutions towards Crypto Assets, especially Meme coins, but also demonstrates the continuous maturation and diversification of the Crypto Assets market. In the future, we may see more institutional investors entering this field, bringing more liquidity and development opportunities to the Meme coin market.
BONK3.92%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ShibaMillionairen'tvip
· 21h ago
bonk is on the rise!
View OriginalReply0
GateUser-3824aa38vip
· 21h ago
All in It's still time to enter a position now.
View OriginalReply0
PuzzledScholarvip
· 21h ago
Another wave of suckers being played for suckers.
View OriginalReply0
AirdropHarvestervip
· 21h ago
play people for suckers just play people for suckers, only 2.5%
View OriginalReply0
SellTheBouncevip
· 21h ago
Institutions buy at the top again, retail investors catch a falling knife.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)