The cryptocurrency world is buzzing with news of potential and confirmed listings, and meme coins are coming to the fore. Chief among these is the Solana-based meme coin Bonk coin, which will soon be available for trading on the popular neobank platform Revolut. Here are the details…
Revolut good news for BONK coin
According to reports, Revolut, which has 38 million users in 50 countries, is considering listing Bonk. This news sent the meme coin rising 15% in 24 hours, highlighting the potential impact of such a listing. To further encourage adoption, Bonk is planning a $1.2 million “Learn and Earn” campaign, distributing 93 billion tokens to participants.
However, Revolut continues to remain tight-lipped on the matter, leaving a question mark regarding Bonk’s official arrival. However, the speculation has created a stir in the meme coin community. It is worth noting that Bonk previously experienced a 45% increase after its Coinbase listing, solidifying its position as a major player in the meme coin arena.
19,000 percent increase since November
The listing is poised to continue BONK’s march into mainstream crypto trading venues after a scorching end to 2023 that saw its price rise 19,000% since November 1, according to CoinMarketCap. Coinbase, Binance and other top exchanges listed the coin during this time. BONK is a token launched by Solana blockchain enthusiasts following FTX’s November 2022 implosion as a way to bring some joy to the stricken ecosystem.
It has since emerged as Solana’s biggest meme coin, which many applications built on Solana use as an incentive mechanism. Revolut also plans to distribute BONK as a reward to some of its users for learning about BONK through the application. According to CoinDesk, a person with knowledge of the plans said the proposal was voted on by the BONK council. It said it would allocate 93 billion BONK tokens (worth $1.2 million) for the learning campaign. Additionally, the proposal states that the campaign aims to increase BONK’s user base by 500,000.
Other listings also attracted attention
But Bonk isn’t the only crypto making headlines. The broader market is bullish. Because it witnessed Bitcoin regaining the $ 52,000 level and exceeding the market value of $ 1 trillion. This bullish signal combines with the Bitcoin halving event that will take place in April. Thus, fueling the positive sentiment in the entire market. Beyond Bonk, several other tokens are making their mark on exchange listings today:
- Forward (FORWARD): Listed on MEXC with FORWARD/USDT pair.
- TanPin (TANPIN): Listed on MEXC with TANPIN/USDT pair.
- SX Network (OLD) (SX): Listed on BitMart with SX/USDT pair.
- AltLayer (ALT): Listed on Indodax with IDR pair.
- BlockchainSpace (GUILD): Listed on BitMart with GUILD/USDT pair.
- Lynex (LYNX): Listed on MEXC with LYNX/USDT pair.
- GT-Protocol (GTAI): Listed on Bitrue with GTAI/USDT pair.
- Chiliz (CHZ): BitFlyer is listed in Japan.
- HYVE: Listed on ProBit Global with HYVE/USDT pair.
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