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Solana's foremost meme coin, BONK, is again making headways on the charts and in its fundamentals. The meme coin's ecosystem recently made significant strides, which are already having a positive effect and could provide further bullish momentum for the crypto token.
BONK's governing council has passed Revolut's "Learn and Earn" campaign initiative. The memecoin plans to leverage Revolut's market presence to expand its user base globally.
Bonk (BONK) emerges as a playful yet ambitious cryptocurrency riding the wave of Solana-based decentralized exchanges and NFTs. Launched on December 25, 2022, Bonk distributed 50% of its 100 trillion coins through an airdrop to the Solana community, with allocations for the Bonk DAO, team, marketing, liquidity, and early contributors.
Revolut, a major neo-bank, is set to introduce BONK to its learn-and-earn program, one of the most buzzed-about Solana meme coins of 2023.
The learn campaign aims to grow Bonk's user base by 500,000 individuals. Six out of twelve council members voted in favor, nearing quorum, with no opposing votes.
This move showcases RevolutApp's digital asset growth and marks a milestone for the Solana ecosystem. The fintech giant proposes an engaging 93 billion BONK giveaway to encourage users to explore cryptocurrencies.
Bonk (BONK), a memecoin rooted in the Solana blockchain, saw its price soar by 13% amid reports of an upcoming listing on Revolut's trading platform.
According to a note from BonkDAO, the decentralized organization behind Bonk, a proposed partnership with the European fintech company involves launching a “Learn and Earn Campaign” for Bonk. This campaign aims to boost the memecoin's user base by 500,000.
Revolut, the prominent European fintech firm, is in talks with BonkDAO to potentially launch a “Learn and Earn Campaign” aimed at expanding the user base of Solana-based memecoin Bonk by 500,000 individuals.
Revolut, the European fintech giant, is considering the listing of Solana's meme coin, Bonk, signaling a potential turning point for the token's journey toward mainstream adoption. This move is part of a broader initiative of the Learn and Earn $1.2 Million campaign.
Solana-based memecoin Bonk (BONK) jumped 13% after news broke of a potential partnership with European fintech giant Revolut.
The proposed “Learn and Earn Campaign” on Revolut is aimed at expanding Bonk's user base by half a million users but still needs approval.
Solana's biggest meme coin BONK will list on Revolut, which plans to run a $1.2 million "learn" campaign for users.
Most of the coins keep setting new local peaks, according to CoinMarketCap.
This rewards program lets users lock BONK tokens to earn from BONK Eco products like BonkBot, SVB, and BONKswap. This initiative links its Ecosystem Products' success to enhanced rewards for users who lock their BONK tokens.
The every-shifting world of meme coins has, in the last few days, again brought forth one of its mainstays – the dog-themed Bonk (BONK). The cryptocurrency has again entered into a significant rally and is up approximately 34.06% in the last 7 days and 5.30% in the last 24 hours.
Fueled by Bitcoin's rally to $50,000, Bonk (CRYPTO: BONK) and Pepe (CRYPTO: PEPE) printed significant weekly gains of 23.5% and 17.6%, respectively. What Happened: The weekly gains of Bonk and Pepe easily surpass the single-digit gains posted by Dogecoin (CRYPTO: DOGE) (2%) and Shiba Inu (CRYPTO: SHIB) (5%).
Guess which meme coin just got an unexpected boost from LA Lakers' LeBron James.
5 Lesser-Known Altcoins To Buy as the cryptocurrency market gears up for a bullish phase in 2024. The crypto market is rising, and in the lead is Bitcoin price, which topped $50,000 for the first time since December 2021.
With buyers reclaiming the strong footing over the 50-day EMA, the meme coin is signaling multiple entry opportunities with the most recent breakout. As the BONK price overcomes the pullback phase, the resistance trendline breakout results in a price jump.
Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $47,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $2,400 mark this morning.
TL;DR BONK's Sudden Crash: The popular meme coin BONK, associated with the Solana blockchain, has seen a nearly 11% drop in its value, puzzling investors and market watchers.
Looking at the daily chart, the price of BONK is currently facing the 50-day Simple Moving Average (SMA) as it attempts to rise back above the ascending trendline.
In the last day, the total value of all cryptocurrencies worldwide dropped by 0.7% to $1.8 trillion, as reported by CoinMarketCap (CMC). Meanwhile, the combined daily trading volume for digital currencies rose by 3.7%, reaching over $45 billion, according to CMC.
