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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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