BONK Memecoin Skyrockets on Binance and Coinbase Listings
The recent listings of the Solana-based memecoin Bonk (BONK) on major cryptocurrency exchanges have led to an astonishing 1,000% surge in its price within just one month. The listing on Binance proved to be a game-changer for BONK, with its price soaring above $0.00003. One trader even sold 52.3 billion BONK tokens, earning a staggering profit of around $784,000. Another interesting development is the increase in sales of Solana phones due to the rising price of Solana’s memecoin.
Solana Phone Sales Surge
Raj Gokal, co-founder of Solana, revealed that Solana phone sales have increased by over 10 times within the past 48 hours and are expected to sell out before the new year. Richard Wu, co-founder of Tensor, Solana’s non-fungible token marketplace, expressed his amazement at how Bonk has saved Solana and emphasized that it has become more than just a meme.
BONK Memecoin’s Impressive Surge and Solana’s Growth
BONK has consistently reached new highs since the start of the current bull run, surpassing significant moving averages. The remarkable growth of SOL and the ongoing memecoin frenzy suggest that there may be no limits to BONK’s upward trajectory.
Potential and Future Patterns
While BONK has experienced a recent price correction, its potential for growth and future patterns are yet to be determined. However, the overall outlook for BONK remains promising for investors.
Hot Take: BONK Memecoin Shakes Up the Crypto Market
The surge of the BONK memecoin following its listings on major exchanges has shaken up the crypto market. With an astounding 1,000% increase in just one month, BONK has caught the attention of traders and investors alike. The rise in sales of Solana phones due to BONK’s success further emphasizes the impact of this memecoin. As BONK continues to make waves and defy expectations, it remains to be seen how far its growth will go and what future patterns it will exhibit. However, for now, BONK shows great potential for further gains in the crypto market.
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