Solana-based memecoin BONK has created a recent frenzy amongst crypto buyers whereas extending its beneficial properties to greater than 110% within the final 24 hours. As of press time, the BONK worth is buying and selling at $0.00002815 with its market cap taking pictures to $1.8 billion.
Amid this bullish worth rally, BONK has outgrown the favored memecoin PEPE Coin, by 3 times in measurement. The BONK worth rally additionally comes as Binance pronounces the itemizing of the memecoin for buying and selling.
Binance Announces BONK Listing
In an upcoming transfer, Binance has announced the itemizing of Bonk (BONK) and the graduation of spot buying and selling for a number of buying and selling pairs on December 15, 2023, at 08:00 (UTC).
The newly launched spot buying and selling pairs embody BONK/USDT, BONK/FDUSD, and BONK/TRY, providing customers various buying and selling choices on the Binance platform.
#Binance will record @bonk_inu $BONK with Seed Tag utilized.
👉 https://t.co/BVs6KjrRvK pic.twitter.com/AKB6mlwnkL
— Binance (@binance) December 15, 2023
To put together for buying and selling, customers at the moment are capable of provoke BONK deposits, with the buying and selling performance set to open on December 15, 2023, at 08:00 (UTC). Withdrawals for BONK will probably be accessible beginning December 16, 2023, on the identical time.
It’s noteworthy that Binance has opted for a list payment of zero BNB for BONK, emphasizing its dedication to fostering accessibility and inclusivity within the cryptocurrency market.
Furthermore, Binance plans to broaden its choices by introducing BONK as a brand new borrowable asset with the introduction of a brand new margin pair on Isolated Margin, anticipated throughout the subsequent 48 hours. This strategic transfer aligns with Binance’s steady efforts to diversify its asset choices and improve the buying and selling expertise for its consumer base.
Overtaking Shiba Inu In Trading Volumes
In the newest information launch from crypto information aggregator CoinMarketCap, BONK, a possible Dogecoin (DOGE) rival, has exhibited a rare surge of 271.8% in its day by day buying and selling quantity, reaching a powerful complete of roughly $969 million.
In distinction, Shiba Inu skilled a notable 29.6% improve in its 24-hour buying and selling quantity, reaching a complete of $232 million. Additionally, the information highlights a outstanding 108.7% surge in BONK’s market capitalization, securing its place because the Forty third-ranked digital asset.
Adding to BONK’s momentum, the famend U.S.-based cryptocurrency trade platform Coinbase just lately announced its intention to incorporate this fervently mentioned meme coin in its altcoin itemizing roadmap. The roadmap serves as a information for merchants, signaling the potential assist of a specific digital asset by Coinbase within the close to future.
Notably, Coinbase launched the itemizing roadmap in 2022 to reinforce transparency and decrease the danger of buyers preempting new buying and selling bulletins.
In a parallel growth, BONK has unveiled BONKBot, a novel program designed to facilitate cryptocurrency buying and selling by social media and the favored chat platform Telegram. This strategic transfer by BONK goals to reinforce accessibility and consumer engagement throughout the crypto buying and selling neighborhood. The announcement notes:
“On the third day of BONKmas, my true dog gave to me: BONKbot! Trade with ease using BONKbot on Telegram. This BONKmas, discover how BONKbot simplifies trading and managing your positions.”
The offered content material might embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
