Guess what happened in the cryptocurrency world? Get ready for the $BONK jackpot! This Solana-based meme coin has surged 80% in the last 24 hours, but why? Well, keep your cryptocurrency hats on because Coinbase and Bybit have just given approval for listings.
$BONK You’re crazy!
BONK was happily trading at $0.000014 on Thursday morning when this news broke. Exchange superstar Coinbase declared, “We brought $BONK to the party!” This makes BONK the third coolest meme coin on the platform, ranking alongside Dogecoin (DOGE) and Shiba inu (SHIB).
But hold on tight! I have a problem before I start BONKing here and there. Coinbase is taking this listing dance step by step. “Trading on the BONK-USD trading pair will begin in stages once sufficient supply of this asset becomes available,” they said. Also be careful. If you are located in a cryptocurrency restricted area, BONK may not hold parties in your jurisdiction.
You can buy/sell/trade $BONK on Bybit.
Now let’s talk about the Coinbase listing. It’s like an exclusive party invitation for the cool kids in the cryptocurrency world. When Coinbase says “you’re in,” the token price often does a little victory dance. It’s like getting a stamp of approval, a cryptocurrency badge of honor.
rewind
And the BONK story doesn’t end here. Go back to last December when the BONK token exploded after Sam Bankman-Fried crashed. At the time, the Solana ecosystem was sighing collectively because he was such a big player in the game. But you know what? BONK rose like a phoenix and became the talk of the town.
Initially just a meme coin, BONK was not content with being a digital joke. No, it quickly made its way into the Solana ecosystem (which gained massive popularity through airdrop farming) and became the cool kid of the blockchain. The Solana project was irresistible. They started using BONK to purchase NFTs, and some even held wild NFT events complete with fancy “burn” mechanisms.
The coin airdropped 50% of its supply earlier this year, and several exchanges created a bonus model to earn free Bonk. Again, you can earn airdrops all year long and occasionally hit the jackpot.
final thoughts
Here’s the twist: BONK is like the Avengers of crypto. It is a team of 22 individuals and no one takes the lead. A decentralized dream team if you will. They have been building decentralized apps (dapps), NFTs, and other cool things on Solana.
From meme coin to Coinbase sensation, here’s BONK’s wild ride. Who said cryptocurrency couldn’t be fun? Cryptocurrency enthusiasts, brace yourselves, because the BONK party has just begun! 🚀Poom
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You might also like our recent content on $BTC price action and Solana airdrops.
