Solana’s BONK Memecoin Skyrockets After $25M Corporate Treasury Injection
Solana's favorite underdog memecoin just got a Wall Street-sized adrenaline shot.
BONK—the self-proclaimed 'people's cryptocurrency'—landed a $25 million vote of confidence from a corporate treasury. Because nothing screams 'decentralized revolution' like institutional money propping up a dog-themed token.
The move signals growing institutional FOMO in the memecoin space, where fundamentals take a backseat to viral hype. Analysts suggest this could trigger copycat investments—or yet another case of 'smart money' chasing retail bagholders.
Solana's ecosystem cheers as its flagship joke asset goes semi-legit. Meanwhile, Bitcoin maximalists facepalm so hard their nodes sync faster.