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Boop.Fun leading the way with a new launchpad on Solana.
📰 News and Market Updates 📰
Just got word that Solana-based memecoin $BONK received a $25M corporate treasury boost via a preferred share issuance by Safety Shot. I'm watching this space closely, as this investment could lead to increased confidence in Solana-based projects and potentially boost $BONK's price.
Current metrics for $BONK show a market cap of around $1.98B, with a current price of $0.00002554. Price changes are looking bearish, with a 24-hour drop of 7.11% and a 12-hour drop of 0.95%. Volume changes, however, are telling a different story, with a 24-hour increase of 7.52%.
I'm neutral on $BONK for now, but this new investment could be the catalyst for a short-term price surge. Keep an eye on this space, folks.
I'm not watching $BONK's price action alone; I'm also keeping an eye on the broader Solana ecosystem. Could this investment be the spark that ignites a rally in Solana-based tokens? Time will tell.
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