The first meme coin on the Solana network BONK Its price has increased by over 40% in the last 24 hours. In addition to the fact that Meme coin activated one-sided staking from liquidity pools a while ago, the fact that it stands out as a community-oriented token is interpreted as the driving force behind this upward trend.
The rise in BONK price was also talked about a lot among crypto enthusiasts and leading names in the industry.
solanaAnatoly Yakovenko, co-founder of , and Chris Burniske, a crypto investor, had a discussion about the potential of meme coins.
Yakovenko, meme coinIt asks whether ‘s can go beyond its humorous origins and nurture a global movement. progress.
Do you think meme coins are always going to be just memes (totally fine outcome)? Or do you think it’s possible to build a global movement based on emissions rewarding people for some “missionary” work?
— toly 🇺🇸 (@aeyakovenko) November 20, 2023
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In his response, Burniske said: crypto- To correct the missteps of his initiatives, he emphasized that meme coins must benefit all participants, not just insiders. He emphasized the importance of aligning valuable labor with the capital it produces.
According to an announcement made on November 20, a new BONK contract will be listed on BitMEX. The new listing, 100BONKUSDT, will offer investors the opportunity to trade continuously with up to 10x leverage starting tomorrow.
Koinfinans.com As we reported, listing 100BONK, which is equivalent to 100 individual BONK tokens, offers a more accessible entry point for investors.