The Solana dog currency Bonk (BONK) has increased by about 25% over the past day, continuing its upward trend for the year.
CoinGecko statistics indicates that BONK has increased by around 13,000% year, which is an impressive result given the Solana ecosystem’s 2023 growth. As Bonk started a multiweek run of over 1,000%, landing listings on well-known exchanges like Binance and Coinbase, the Solana ecosystem burst into growth.
Because of its price gain and the overall drop in the cryptocurrency market, BONK has maintained trader interest as seen by the increase in trading volume over the past 24 hours.
The trade volume of Bonk (BONK) has increased by 96.10% in the last day to $421,530,819, according per CoinGecko statistics. This indicates a significant uptick in market activity.
Most likely, BONK’s price gain and trading volume surge were caused by new exchange listings.
The prominent cryptocurrency exchange Crypto.com has declared the launch of a new trading pair, BONK/USDT, on its website.
A trading competition for BONK has also been launched by HTX, previously Huobi. Participants that trade BONK spot trading pairs throughout the event time will have the opportunity to split the 5,000 USDT prize pool according to their spot trading volumes. The promotion is available from December 28, 2023, until January 7, 2023.
Zeta Trade, a DeFi perpetual trading platform, is now offering BONK Perpetuals for trade.
Additionally, Binance has started a new promotion for a few tokens, such as BONK, in which qualified players can trade these tokens on Binance Spot for a chance to win a total of $65,000 in token vouchers. As of this writing, BONK has increased 22.11% to $0.0000163 over the previous day.
