New Altcoin Bonk Added to Coinbase's Listing Roadmap
In a recent development, Coinbase, the leading US cryptocurrency exchange, has expanded its listing roadmap by including the Memecoin, Bonk (BONK), as per an official statement.
Bonk's Rise on Solana Blockchain
Bonk gained traction after being distributed to selected Solana wallet addresses in December 2022. It has rapidly become the most held dog-themed cryptocurrency on the Solana blockchain. Launched as an alternative to similar altcoins on different blockchains, Bonk distinguishes itself with its unique approach.
Impressive Market Performance
Despite not yet being listed on Binance, Bonk boasts an impressive market value of $763 million. Its popularity surge coincided with Coinbase's announcement, showcasing the impact of such news on the crypto market.
Coinbase's Listing Roadmap Influence
The addition of Bonk to Coinbase's listing roadmap triggered a sudden increase in its price. However, it's crucial to note that inclusion in the roadmap doesn't guarantee listing on the platform. Coinbase assesses various factors before finalizing any listing decisions.
Market Status and Circulation
Presently, 60% of Bonk's total maximum supply is in circulation. Although the current price of Bonk is trading 20% below its all-time high, its overall market performance has been noteworthy. Bonk's addition to Coinbase's roadmap has propelled its market value, but potential investors should exercise caution, considering the speculative nature of the cryptocurrency market.
More news about bonk roadmap
- Jun 05, 2024 9:05 pmBonk (BONK) Skyrockets 60% in Volume - What's Happening?Bonk's technical indicators are strengthening its bullish trend source: https://u.today/bonk-bonk-skyrockets-60-in-volume-whats-happening
- May 25, 2024 7:48 pmNew York State Users Can Now Trade Bonk (BONK) on CoinbaseCoinbase Assets posted on the X platform that users in New York State can now buy, sell, convert, send, receive or store Bonk (BONK) through the Coinbase official website and the Coinbase iOS & Android apps. Earlier, according to Coinbase Chief Legal Officer Paulgrewal.eth announced on the X platform that Coinbase has been allowed to trade XRP in New York State, and Coinbase has established a strong partnership with the New York State government to carry out its work.
- May 16, 2024 8:28 pmWhy is Solana meme coin Bonk (BONK) surging?Bonk price rose sharply after South Korea exchange Bithumb announced listing of BONK in the KRW market. The Solana meme coin reached a two-week high as Bitcoin led the crypto market bounce. Bonk (BONK), the first dog-themed meme coin on Solana, has picked up significant upside in the past 24 hours. According to market data […] source: https://coinjournal.net/news/why-is-solana-meme-coin-bonk-bonk-surging/
- Dec 15, 2023 12:00 pmBinance will list Bonk (BONK) and add a seed tag to itAccording to the official announcement, Binance will list Bonk (BONK) at 16:00 on December 15 (Eastern Eighth District time) and add a seed tag to it, and open BONK/USDT, BONK/FDUSD, and BONK/TRY spot trading pairs. In addition, Binance isolated margin will add BONK assets within 48 hours starting from 16:00 on December 15 (Eastern Eighth District time), and open the BONK/USDT isolated margin trading pair.
- Dec 13, 2023 9:01 amCoinbase adds BONK to currency listing roadmapAccording to official news, Coinbase has added Bonk (BONK) to the asset listing roadmap. It is reported that Coinbase has previously decided that in order to improve asset transparency, it will announce in advance the assets that have been decided to go online and move them to the roadmap.
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More news about bonk roadmap
![[Feature] Meme Coin BONK to the Rescue! But is it Really Solana’s Saviour?](https://image.coinlive.com/128x72/cryptotwits-static/62c2f4ddd1ae0f5e5b5e77d0c6e7ef58.png "image")
