The focus of recent attention BONKhas recently attracted the attention of crypto traders and investors globally as it witnessed a rush of listings.
The announcement, made by two of the cryptocurrency world’s most famous exchanges, quickly attracted significant interest in the broader crypto market. This increased speculation for the Solana-backed token.
The announcement comes amid a price drop recorded by the token. At the same time, crypto- Market enthusiasts appear to be showing intense interest in the token following the recent listing saga, with exchanges making efforts to build support.
Koinfinans.com As we reported, Solana supported meme coin‘s entry into the crypto world has made quite a splash lately. Showing a tremendous monthly rise on market charts, the token has witnessed multiple listings on some of the world’s leading exchanges.
Cryptocurrency exchange Kraken announced the listing of BONK on its platform today, December 23. Notably, the firm launched BONK trading by pegging it to the USD and EUR pair and set a minimum order size of 350,000. Additionally, the firm has set the minimum deposit value at 42,000. Meanwhile, it warned its users to trade tokens only on Solana, as trading on other blockchains could result in a potential loss.
In addition, another leading exchange, WazirX, announced BONK listing on its platform yesterday, December 22. WazirX showcased its efforts to build support for crypto trading by starting token trading with the BONK/USDT pair.
Additionally, giant crypto exchange Binance announced the listing of BONK on its platform this month.
BONK Price Analysis
At the time of writing this news, the Bonk price has decreased by 2.77% in the last 24 hours. It currently stands at $0.00001833. Additionally, the token’s weekly chart shows a decline of 24.65%.
However, compared to the 321.82% monthly rise, the current price decline is sparking speculation in the broader crypto market. Prices are expected to support soon as exchanges create support for trading of the meme coin.