Binance has exciting news for BONK fans—they just added BONK to their listings! You can now trade BONK against USDT, FDUSD, and TRY. The price of BONK has jumped up by a whopping 100% since this announcement.
The Solana-based memecoin, BONK, is causing a new wave of excitement among crypto investors, surging by more than 110% in the last 24 hours. Right now, the price of BONK is $0.00002815, and its market cap has soared to $1.8 billion.
In this strong upward trend, BONK has become three times larger than the popular memecoin PEPE Coin. This surge in BONK’s price coincides with the recent announcement from Binance about listing the memecoin for trading.
Binance Announces Bonk (BONK) Listing and Trading Expansion
Binance has exciting news for crypto enthusiasts! On December 15, 2023, at 08:00 (UTC), Binance will list Bonk (BONK) and kick off spot trading for various pairs, including BONK/USDT, BONK/FDUSD, and BONK/TRY. This move provides Binance users with diverse trading options.
#Binance will list @bonk_inu $BONK with Seed Tag applied.
👉 https://t.co/BVs6KjrRvK pic.twitter.com/AKB6mlwnkL
— Binance (@binance) December 15, 2023
To get ready for trading, users can now deposit BONK, and the trading feature will go live on December 15, 2023, at 08:00 (UTC). If you’re looking to withdraw BONK, you can start doing so from December 16, 2023, at the same time.
What makes this listing even more special is that Binance is charging zero BNB as a listing fee for BONK. This underlines Binance’s dedication to making cryptocurrencies accessible and inclusive for everyone in the market.
But that’s not all! Binance has plans to expand its offerings by introducing BONK as a new borrowable asset, adding a new margin pair on Isolated Margin within the next 48 hours. This strategic move aligns with Binance’s ongoing efforts to diversify its asset options and enhance the overall trading experience for its user base.
BONK Surges in Trading Volume and Market Capitalization
In the latest update from CoinMarketCap, BONK, emerging as a potential rival to Dogecoin (DOGE), has seen a remarkable spike of 271.8% in its daily trading volume, reaching an impressive $969 million. This extraordinary surge contrasts with Shiba Inu’s 29.6% increase in 24-hour trading volume, totaling $232 million. BONK’s market capitalization has also experienced a noteworthy 108.7% surge, securing its place as the 43rd-ranked digital asset.
Adding to BONK’s momentum, Coinbase, a renowned U.S.-based cryptocurrency exchange, has announced plans to include BONK in its altcoin listing roadmap. This roadmap, introduced in 2022, guides traders and signals potential support for specific digital assets by Coinbase in the near future. The initiative aims to enhance transparency and prevent investors from preempting new trading announcements.
Simultaneously, BONK has introduced BONKBot, a novel program designed for cryptocurrency trading through social media and the popular chat platform Telegram. The strategic move aims to improve accessibility and user engagement within the crypto trading community.
The announcement states, “On the third day of BONKmas, my true dog gave to me: BONKbot! Trade with ease using BONKbot on Telegram. This BONKmas, discover how BONKbot simplifies trading and managing your positions.”
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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