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Solana’s Bonk (BONK) Surges 9% in Recovery; Key Developments Unveiled

BONK
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In the last year, Bonk’s price has shown remarkable growth, surging by almost 13,000%.

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Bonk (BONK), a dog-themed meme coin on the Solana blockchain, has experienced a notable recovery, rising by 9% in the last 24 hours. Launched on Dec. 25, 2022, as a community-driven initiative, Bonk seeks to enhance the Solana ecosystem by offering diverse utilities and use cases for its holders.


Bonk’s Notable Price Journey: A 13,000% Surge and Recent Recovery

Bonk (BONK) garnered attention in the past year with an astounding price surge of nearly 13,000%, reaching its peak at an all-time high of $0.00003419 on Dec. 15, 2023.

However, following these highs, the coin faced a substantial correction, witnessing a drop of almost 68% in the subsequent days amid market volatility. Consequently, Bonk’s market capitalization contracted to its current valuation of $698 million.

Despite the correction, there are signs of a mild recovery for Bonk, as it demonstrates a 9% bounce in the last 24 hours, currently trading at $0.00001097. This recovery is accompanied by an uptick in trading volume, surpassing $123.96 million during the same period.

Bonk (BONK) Token Scores New Exchange Listing on BTSE

In a significant development for the dog-themed token, Bonk (BONK), the British Virgin Islands-based crypto exchange BTSE has announced the token’s listing on Jan. 24, 2024. This listing opens avenues for spot trading of BONK, providing users with increased accessibility.

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Moreover, BTSE’s broader ecosystem, consisting of 10 white-label crypto exchanges, will also feature BONK. This expanded listing is expected to enhance liquidity and pricing options for BONK traders. The available trading pairs will include BONK/USDT and BONK/USDC.

Users can engage in deposits, trading, and withdrawals of BONK starting at 4:00 p.m. (Singapore Time) on Jan. 24, 2024, marking a pivotal moment for the token’s trading activities.


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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    A crypto enthusiast, Loves to write, Loves to explore and stay up-to-date about the latest developments in the crypto world.

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  • SHBAZ

    A crypto enthusiast, Loves to write, Loves to explore and stay up-to-date about the latest developments in the crypto world. #Btc #Crypto #NFT

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