After a period of fall, Bonk (BONK), a meme currency with a dog theme and built on the Solana blockchain, has made a stunning recovery, rising by 9% in the last day. Launched as a community-led effort on December 25, 2022, the currency seeks to improve the Solana environment by offering its holders a variety of utilities and use cases.
Over the course of the last year, Bonk’s price has risen by around 13,000%, reaching an all-time high of $0.00003419 on December 15, 2023.
After these highs were locked in, the coin did, however, also go through a huge correction, falling by around 68% in the days that followed due to volatility and uncertainty in the cryptocurrency market. Additionally, Bonk’s market value decreased to $698 million as of right now.
But Bonk appears to be making a little comeback; as of this writing, it has gained 9% in the last day and is currently trading at $0.00001097. The trading volume of the meme currency increased as well, hitting nearly $123.96 million during that time.
BONK scores new exchange listing
The dog token, BONK, has achieved a new exchange listing, which is really good news. The cryptocurrency exchange situated in the British Virgin Islands has said that on January 24, 2024, it would list the Bonk (BONK) token and allow for spot trading.
https://x.com/BTSE_Official/status/1750065906783555715?s=20
In order to improve price and liquidity, BONK will also be listed on BTSE’s broader network of ten white-label cryptocurrency exchanges. Through the trading pairings BONK/USDT and BONK/USDC, users will be able to trade BONK.
On January 24, 2024, at 4:00 p.m. (Singapore Time), BONK deposits, trades, and withdrawals will all be available simultaneously.
