Bonk Price Prediction: BONK is expected to become the "first" meme coin to land on Wall Street, potentially triggering a 425% pump.

Meme coin Bonk (BONK) is迎來historical moment. With the上市公司 Safety Shot announcing a strategic partnership with the Bonk core team, BONK is expected to become the first meme coin to enter the public market through the Wall Street brokerage model. This initiative has not only ignited institutional investment enthusiasm, but also shifted market price predictions for BONK to be全面轉向bullish.

Safety Shot joins hands with Bonk: Meme coin lands on Wall Street

At the end of August, Safety Shot received a $30 million investment, of which $25 million was injected in the form of BONK tokens for the acquisition of the first batch of Trance projects.

As part of the collaboration, Bonk founding members will receive 50% voting rights on the board and promote Safety Shot to change its stock code from $SHOT to $BNKK, highlighting its commitment to represent BONK in the public market.

This means that retail and institutional investors will be able to indirectly invest in BONK through the US stock market for the first time. Stimulated by this news, $BNKK rose 6.4% in pre-market trading.

BONK was the only meme coin among the top five that rose last week

In the context of the overall downturn in the cryptocurrency market, BONK is the only token among the top five Meme Coins that recorded a weekly pump, demonstrating the market's positive response to its fundamentals and news.

Analysts believe that the collaboration with Safety Shot not only enhances the brand image of BONK but also sets a new institutional benchmark for the meme coin market.

BONK Price Prediction: Parabolic Formation Could Ignite 425% Pump

(Source: Trading View)

From a technical perspective, BONK's 4-hour chart shows a clear parabolic pattern, and there may be significant volatility in the short term.

Support level: $0.000018 (potential rebound starting point)

First resistance level: 0.0000475 USD

Key breakout level: $0.000060 (signal for a major rebound)

If the bulls successfully break through the key level mentioned above, BONK is expected to hit 0.00010 USD, which is an increase of about 425% from the current price.

Aggressive traders may position themselves in advance when there is a bounce off the trend line, while cautious investors can wait to enter after a breakout at 0.0000475 USD.

Conclusion

The collaboration between Bonk and Safety Shot may open a new chapter in the integration of meme coins with the traditional financial market. With the renaming of the $BNKK stock code and the influx of institutional funds, BONK has not only achieved breakthroughs at the brand level but also demonstrated strong bullish potential on the technical side. For investors, a potential pump of 425% may just be the beginning of this Wall Street meme coin revolution.