On Christmas Day, 2022, a new kid hit the block. What’s its name? Bonk. This cryptocurrency quickly got noticed by the global community of crypto traders and investors, all thanks to a recent exciting development.
Is this juicy news? Two very popular exchanges in the vast cryptocurrency world announced that they’re enlisting Bonk! Wow, right? This news broke out and took the entire crypto market by storm. And the best part? It’s got the support of Solana! So people are now guessing, wondering, speculating – what could be next for this fresh new token?
At the same time, we note that there’s been a decrease in the token’s value in the current market charts. Crypto enthusiasts seem to be closely watching this token. Why? It’s because it was just recently listed. It looks like exchanges are also working hard to show their backing for it.
However, The meme coin supported by Solana has recently stirred mixed feelings in the crypto sector. Its recent market trends show a significant monthly rise. Moreover, leading global exchanges have now listed this token.
Today, on Dec 23, Kraken, a cryptocurrency exchange in San Francisco, publicly declared the introduction of BONK to its platform. Importantly, the company started BONK trading by linking it to the USD and EUR pair, stipulating a small order size 350,000.
BONK Takes Center Stage: WazirX Lists The Meme Coin, Fueling Trading Frenzy
Moreover, In addition, they established a bottom-line deposit value of 42,000. Concurrently, they alerted their users only to carry out BONK transactions on Solana. However, They highlighted that trading it on different blockchains might lead to a potential loss.
WazirX, a well-known exchange, shared news about BONK now appearing on their platform. On Dec 22, they could start trading BONK with the BONK/USDT pair. This move augments backing for the crypto’s trading scene. Earlier news from the Media reveal that Binance, a well-known exchange, will list BONK on its platform this month.
The pricing of Bonk experienced a marginal decrease of 2.77% in the previous day and is presently at $0.00001833. Further, its weekly trend shows a slide of 24.65%.
But, according to the regular monthly increase of 321.82%, there’s a dip in the current price. It’s causing ripples in the wider crypto market. As different exchanges create support for the meme coin trading, predictions are that prices will soon get a boost.
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The author’s views are for reference only and shall not constitute any investment advice. Please ensure you fully understand and assess the products and associated risks before purchasing.
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