The Launch of BONK Trading on Binance
The popular meme coin, BONK, can now be traded on Binance, and its value has surged by 134%. Despite being created less than a year ago by an anonymous team, BONK has quickly climbed the ranks to become one of the top 50 cryptocurrencies based on market capitalization.
Binance Applies Seed Tag to BONK Trading Pairs
As of 8:00 AM UTC Friday, spot trading for BONK/USDT, BONK/FDUSD, and BONK/TRY is available on Binance. However, Binance has applied a Seed Tag to these trading pairs. The Seed Tag indicates that BONK is an innovative project with higher volatility and risks compared to other listed tokens.
BONK’s Price Soars After Binance Listing
Despite being characterized as a meme coin with high volatility and minimal use cases, the listing of BONK on Binance has caused its price to increase by 134% in the past 24 hours. This surge in value has added at least $1 billion to its market capitalization.
Solana Mobile Sales Skyrocket
The hype surrounding Bonk has also led to a significant increase in sales for the Solana Saga Mobile. Raj Gokal, co-founder of Solana, tweeted that sales of the Solana Mobile have multiplied by at least 10 times in the past 48 hours.
Bonk Airdrop with Solana Mobile Purchase
Purchasers of the Solana Mobile will receive an airdrop of 30 million Bonk tokens. Considering current market prices, this airdrop is worth over $1000. The Solana Mobile is priced at $599, making it essentially free when factoring in the Bonk airdrop.
Hot Take: Bonk Surges on Binance Listing and Solana Mobile Hype
The listing of BONK on Binance and the increased sales of the Solana Mobile have contributed to a significant surge in the value of Bonk. This meme coin has quickly risen through the ranks and continues to attract attention in the crypto market.
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