Giant Exchange Lists BONK! BONK Price Soars!

Ahmet Bedirhan Arvas — Thu, 14 Dec 2023 08:57:28 +0000

Following the recent listing announcement for the popular meme coin BONK, the price of BONK has surged! How much is it in dollars? Updated BONK analysis!

Coinbase, one of the world’s leading and well-known exchanges, excited BONK investors with its announcement! In its announcement made through Coinbase X, the exchange revealed that it would list the this meme coin on December 14, 2023, provided the necessary liquidity is ensured.

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In its announcement, Coinbase cautioned users not to send BONK meme coin through other networks, as their funds could be at risk. The exchange stated: “BONK-USD trading pairs will be gradually introduced. Users should exercise caution as Bonk support may be restricted in certain regions.”

Rising BONK Price in Binance Futures!

This memecoin, listed on the Binance Futures trading platform, experienced an increase in price after the announcement. The price of it, which was at $0.010337 at the time of the announcement, rose by 47% after the news.

Current Price:

When closely examining the chart, we can see that BONK continues its upward trend. The price recently managed to climb back to its previous peak with a retest movement at 0.01463. If the 0.01463 area is reclaimed, it is likely that the price will reach new all-time highs. Significant supports are in the 0.01322-0.01242 range, while significant resistance levels are around 0.01470.

Disclaimer: None of the information above is Investment Advice!

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The post Giant Exchange Lists BONK! BONK Price Soars! appeared first on Coin Engineer.

BONK Coin will be listed Coinbase

admin — Wed, 13 Dec 2023 09:34:23 +0000

BONK Coin will be listed Coinbase! Coinbase, a major US-based cryptocurrency exchange, has announced that it will be adding Bonk, a dog-themed token on the Solana blockchain, to its listing roadmap. The announcement led to a significant increase in the value of BONK, which rose from $0.000011359 to $0.000013389, a significant percentage increase of 17.87% after the news broke. Assets added to Coinbase’s listing roadmap indicate the exchange’s decision to list these assets and increase transparency for investors.

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Large Increase

BONK, which has shown a remarkable increase of over 410% in the past month, has outperformed more established dog-themed tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) during this period. Under Coinbase’s new policy, newly listed assets or those with relatively low trading volumes, such as BONK, may be labeled as “Experimental” in their early stages on the platform.

What is Bonk Coin?

Bonk Coin is a dog-themed meme token created on the Solana blockchain. It runs on the Solana network, which is known for its high speed and low transaction costs. It has gained popularity in the meme coin market, particularly, and has attracted interest among investors. No further details have been provided about the purpose and use of Bonk Coin, but meme coins are generally supported by the community and gain value around social media and internet culture.

Popularity and Market Value of BONK

BONK has seen its price increase by more than 40% in the past 24 hours and has grown by nearly 1000% in the past month. With this rapid rise, it has become the third most popular meme cryptocurrency after DOGE and SHIB. The growing excitement surrounding it is partly based on rumors that it could be listed by Coinbase. Although this development has not been officially confirmed, it is based on observations made by blockchain analysts and the movement of BONK tokens to Coinbase’s hot wallet.

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