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The new BONK Financial Corp Safety Shot (SHOT) token price is halved.

By: theblockbeats.news|2025/08/11 15:52:00

BlockBeats News, August 11th, according to rockflow data, the stock price of the new BONK Treasury company Safety Shot (SHOT) fell by 49.1% during the trading day, currently trading at $0.58, with a market capitalization of $85.01 million. When the "BONK Treasury" news was released, it rose to $1.25 in pre-market trading.

BlockBeats previously reported that the U.S. listed company Safety Shot (Nasdaq symbol: SHOT) announced a strategic alliance with BONK founding contributors, officially entering the decentralized finance (DeFi) field. Under the agreement, the company will receive $25 million worth of BONK tokens and will issue convertible preferred shares worth $35 million, exchangeable for common stock.

Trump announced that he will place the Washington, D.C. Police Department under federal control and deploy the National Guard to the district.

A whale address has received 29,000 ETH from Galaxy Digital in the past 24 hours, worth approximately 126 million US dollars.