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Home » Meme Coin News: Bonk’s $115 million deal, Leash supply twist, Fartcoin Plunges
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Meme Coin News: Bonk’s $115 million deal, Leash supply twist, Fartcoin Plunges

Vickie HelmBy Vickie HelmAugust 12, 2025No Comments3 Mins Read
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Meme Coin News: Bonk's $115 Million Deal, Leash Supply Twist,
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The publicly-publicly-owned corporate plan to buy $115 million worth of bonk by the end of 2025 has made Shiba Inu developers clear about the dramatic supply change for Leash. Fartcoin leads the downside with a 12% 24-hour price dip.

Cryptocurrency displays recovery signals after 2.7% CPI inflation in July, raising emotions for risky assets.

Ethereum has now over $4,400 and updated AltSeason conversations.

Meanwhile, this article highlights the continued development of Meme Cryptocurrencies, focusing on the Bonk, Shiba Inu ecosystem, and Fartcoin.

Bonk’s $115 million investment

On Monday, Healthy Beverage Firm Safety Shot Inc. received approximately $25 million worth of Bonk tokens as part of the Crypto Treasury initiative.

The NASDAQ-registered company is expected to accumulate 5% of Bonk’s token supply worth $115 million at current market prices by the end of the year.

CMC News: $BONK TREASURY SAFFY SHOT aims to acquire $115 million by the end of the year.

https://t.co/jwgdmur6ay pic.twitter.com/1fcnhveaei

– CoinMarketCap (@CoinMarketCap) August 12, 2025

Safety Shot has held BONK assets worth around $25 million and became the first Nasdaq company to establish a Treasury Department dedicated to meme tokens.

The wellness company’s movement follows a similar model by traditional entities that establish cryptocurrency finance and prioritize lesser known altcoins.

Recently, Heritage Distilling adopted Story Protocol ($IP) as a spare token.

Furthermore, Sharplink is falling into the accumulation of Ethereum.

Bonk will trade at $0.00002484 after lowering its value by more than 6% in the last 24 hours.

The key bet on Safety Shot suggests confidence in Bonk’s future performance.

Shib Dev clears air with a surge in string supply

The latest leash supply adjustments have raised concerns about centralization within the Shiba Inu ecosystem.

In particular, leash supply showed a dramatic increase on August 11th, creating 10,765 new coins.

The move attracted attention as community members trusted the project to have a fixed supply.

Additionally, the project claimed that it had disabled reveshing in order to cancel the supply adjustment of automatic tokens through code.

Shiba Inu’s leading developer Kaal Dhairya has revealed a sudden 10% surge in the supply of the rope.

The developers confirmed that the team discovered a rebase path that is still present in the leash smart contract.

This was linked to a pre-authorized agreement that allowed adjustments without owner mediation.

According to Dhairya, the incident violates trust as the community believed in an unchanging supply of tokens.

He concluded:

Addressing a chaotic system with multiple owners and inherited deceptive structures has become tiresome to keep them consistent and safe for the community. I am committed to transparency and putting these decisions into the hands of DAOs.

Leash fell nearly 30% to $118 over the last 24 hours, with an increase in trading volume signaling of 75% boosting activity from sellers.

fartcoin expands the downside

Fartcoin struggled with a bearish trend after losing the $1 mark over the weekend.

It trades at $0.8760 after losing nearly 12% in the last 24 hours.

The declining momentum of Pump.fun contributes to Fartcoin’s bearish sentiment.

Meme Launchpad announced the Glass Foundation last week to stabilize Solana-based tokens.

However, Pump.Fun’s daily revenue continues to decline, suggesting a decline in interest in Solana Meme Tokens.

Rivals like Letsbonk.fun have been stealing the show, surpassing the pump’s platform with token launches.

Bearish technical indicators suggest a further decline in Fartcoin before a possible comeback.

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Vickie Helm

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