11 months ago
The announcement from the crypto speech Coinbase regarding its determination to database the cryptocurrency has sparked a singular 98% surge successful the terms of BONK implicit the past 24 hours.
This comes connected the heels of BONK hitting an all-time precocious of $0.000029 today, arsenic bullish investors capitalized connected beardown affirmative marketplace sentiment and large speech listings.
BONK Inks Solid Numbers
The Solana-based meme coin has experienced an awesome 750% increase implicit the past 30 days, marking a important milestone successful its upward trajectory.
The caller summation of BONK connected Binance has played a important relation successful driving up its terms arsenic well. Binance intends to see the memecoin arsenic a crypto plus that whitethorn beryllium borrowed connected its Isolated Margin Program starting December 17.
Also, Coinone, a cryptocurrency speech based successful South Korea, has precocious said that it would see BONK connected its platform. The BONK/KRW brace volition beryllium disposable for trading, with deposits starting connected December 14 astatine 10:00 a.m. (KST) and spot trading opening connected the aforesaid time astatine 5:00 p.m. (KST).
All these listings are proving to beryllium beneficial for the terms of the meme coin.
Since its instauration successful December 2022, BONK’s terms has accrued dramatically; it has grown by 7,000% since September 2023, making it the third-largest meme coin down Dogecoin (DOGE) and Shiba Inu (SHIB).
Following its launch, Bonk acquired popularity wrong the Solana ecosystem by acting arsenic a outgo method for non-fungible tokens (NFTs) and discovering a assortment of applications.
This Meme Coin Is No Joke
Since October, the coin has grown rapidly contempt its archetypal debut arsenic a parody token owed to the precocious level of involvement successful the Solana ecosystem.
With 61 trillion BONK successful circulation, the coin’s marketplace capitalization is presently $931,186 indicating a important 66.60% terms summation implicit the past 7 days.
Given the important power of the Solana ecosystem connected Bonk’s ascent, this ranks it arsenic the 70th largest cryptocurrency.
In a related news, BONK has shared BONKBot, a caller bundle that makes bitcoin trading easier connected fashionable chat apps similar Telegram and societal media.
With this move, BONK hopes to amended idiosyncratic information and accessibility successful the cryptocurrency trading community.
Source: Coincodex
Meanwhile, with the predicted bull tally successful the cryptocurrency marketplace driving maturation done 2024, BONK volition beryllium capable to efficaciously grow its audience. As the assemblage expands, the terms of BONK whitethorn yet deed $0.00095.
On the different hand, determination is simply a important accidental that the BONK meme currency volition spot a diminution during a liquidity situation oregon a market-wide selloff. In the lawsuit of an highly accelerated crash, the bears could retest the $0.000010 mark.
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