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Binance Adds Solana's BONK to Listing, Following Coinbase's Move

Binance Adds Solana’s BONK to Listing, Following Coinbase’s Move

The largest cryptocurrency exchange, Binance, lists Bonk (BONK)

Binance has announced the listing of Bonk (BONK), the first dog-themed meme cryptocurrency in the Solana ecosystem. Spot trading for BONK will begin on Dec. 15 at 08:00 UTC, with three trading pairs available – BONK/USDT, BONK/FDUSD, and BONK/TRY. Deposits are now open for users.

In addition to spot trading, Binance will also introduce Bonk as a new borrowed asset within 48 hours of listing, offering a margin pair on an isolated margin.

Coinbase confirms Bonk listing

Prior to Binance’s announcement, Coinbase had already confirmed the listing of Bonk. As a result of this news, the price of Bonk surged by 52% and reached a new all-time high.

After Binance’s announcement, the price of Bonk continued to rise. As of now, it has increased by 102% in the past 24 hours, with a current price of $0.00002987. Over the course of one week, the token has seen a price increase of 154.0%, and over one month, it has skyrocketed by 1106.8%.

Bonk’s meme factor and market performance

Since its launch in December 2022, Bonk has garnered attention not only for its dog-themed meme concept but also for its impressive market performance. The cryptocurrency has managed to capture the interest of traders and investors alike.

Hot Take: Bonk (BONK) Listing on Binance Fuels Price Surge

The listing of Bonk (BONK) on Binance, following Coinbase’s confirmation, has sent the token’s price soaring. With a surge of 102% in just 24 hours and significant gains over the past week and month, Bonk has become a hot commodity in the cryptocurrency market. As the first dog-themed meme cryptocurrency in the Solana ecosystem, Bonk’s popularity continues to grow due to its unique concept and impressive market performance. Traders and investors are closely watching this meme coin as it makes waves in the crypto world.

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Binance Adds Solana's BONK to Listing, Following Coinbase's Move