Bonk, a cryptocurrency that was launched on Christmas Day in 2022, has recently gained attention from crypto traders and investors due to its listing on renowned exchanges. This announcement has sparked speculation and interest in the Solana-backed token across the crypto market. However, the token has also experienced a price drop according to recent market charts.
BONK’s Listing Chronicle
The meme coin, backed by Solana, has seen a surge in listings on leading global exchanges. Kraken, a San Francisco-based exchange, announced the listing of BONK on December 23. Trading for BONK started with a peg to USD and EUR pairs, with minimum order and deposit values set by the exchange. It is advised to trade the token only on Solana to avoid potential losses.
WazirX, another prominent exchange, also announced the listing of BONK on its platform on December 22. They started trading the token with the BONK/USDT pair, showcasing their support for its trading.
Binance, another well-known exchange, had previously announced the listing of BONK this month.
BONK Price: Report
Currently, the Bonk price has dropped by 2.77% in the past 24 hours and is valued at $0.00001833. The weekly chart shows a 24.65% decrease compared to a significant monthly surge of 321.82%. Despite the recent drop, with exchanges showing support for trading the meme coin, it is expected that prices will soon be boosted.
Hot Take: What Lies Ahead for Bonk?
The recent listing chronicle and price drop of Bonk have captured the attention of crypto enthusiasts globally. With notable exchanges like Kraken and WazirX building support for the token, it indicates a growing interest in its trading. However, the market remains speculative as the token’s price fluctuates. It will be interesting to see how Bonk performs in the coming days and whether it can maintain its momentum in the ever-evolving crypto landscape.
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