FLOKI and BONK prices drop 5% after Revolut listing announcement 😱

FLOKI and BONK prices drop 5% after Revolut listing announcement 😱

FLOKI and BONK Tokens Make Headlines

Over the weekend, FLOKI and BONK experienced significant growth following a recovery from the recent Bitcoin dip. These tokens have attracted widespread attention during the ongoing bull market, with FLOKI soaring by more than 500% and BONK by 87%.

FLOKI And BONK Expand Reach in Europe

The latest buzz around FLOKI and BONK revolves around their listing on Revolut, a major European neo bank and retail platform. This development aims to introduce FLOKI and BONK to a larger audience, as Revolut boasts a user base of 40 million across 150 countries.

  • Revolut listing opens doors for FLOKI and BONK
  • Users can access tokens using 25+ fiat currencies
  • Learn and Earn program set to launch in Europe

Revolut Listing Impact

The recent listing allows users to purchase FLOKI and BONK using different fiat currencies like EUR, GBP, and USD directly from the Revolut app. Additionally, starting on April 29, users in Europe and eligible countries can participate in a Learn and Earn program related to BONK.

Trader Insights

Crypto trader Altcoin Gordon shared his views on the listing, describing it as a significant development. According to Gordon, this move positions FLOKI and BONK to compete with established tokens like Dogecoin, Dogwifhat, PEPE, and Shiba Inu.

Price Movements After the Announcement

Despite the high-profile listing, FLOKI and BONK experienced mixed price movements following the news. FLOKI saw a slight 2% increase initially but later dropped by 5.3%. On the other hand, BONK witnessed a 3.7% rise followed by a 3.4% dip in value.

Decline in Trading Activity

Both tokens observed a decline in daily trading activity over the past 24 hours, with FLOKI registering a 31.6% drop in trading volume and BONK experiencing a decrease of over 51%.

New Developments Drive Price Surge

The next day, FLOKI’s price showed a marginal increase of 0.4%, reaching $0.0001727. Meanwhile, BONK experienced a 2.6% price drop, trading at $0.0002019. However, fresh announcements from the projects triggered positive price movements.

Positive Impact of Recent News

FLOKI shared news of Alltoscan locking $18 million worth of $ATS for 15 months using the FlokiFi Locker protocol. This update was well-received, with FLOKI surging by 5.5% within an hour and 11.2% over a day.

Artistic Collaboration Boosts BONK

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BONK announced collaboration with artist JT Liss for their BAM residency program and Creator Grants initiative. This news fueled a 4.3% price increase in an hour and over 5.6% within 24 hours, with BONK currently trading at $0.00002164.

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