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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.
The Learn and Earn Campaign: Strategic Objectives
The Learn and Earn campaign proposed by the Bonk DAO involves the distribution of 93 billion BONK tokens to participants. The primary goal is to increase Bonk’s user base by 500,000 users. The campaign is expected to be performed through the major fintech giant Revolut, with 38 million users who will benefit.
The Learn and Earn campaign is designed to be executed in two distinct waves of user acquisition –
The initial phase involves the launch of the BONK token with organic growth of the BONK for 1-2 months.
Meanwhile, the second phase focuses on a targeted Learn and Earn campaign, aiming to actively engage with new users and facilitate their understanding of the Bonk cryptocurrency.
The proposal for the Learn and Earn campaign, along with Bonk’s potential listing on Revolut, underwent a voting process within the Bonk DAO community. The results were resoundingly positive, with 100% of the voters (8 in total) casting “YES” votes, signifying unanimous approval.
Revolut’s Consideration and Airdrop Speculations
Revolut is in the early stages of deliberation regarding the potential listing of Bonk, a meme coin built on the Solana blockchain. The potential listing of Bonk on Revolut which boasts more than 38 million users and is operational in over 50 countries, holds a significant impact on BONK’s mainstream adoption.
Airdrop speculations are adding to the excitement. A potential airdrop is expected for Revolut traders if the Bonk listing proposal is approved. With Bonk DAO holding over $158 million worth of tokens, such an airdrop could further enhance Bonk’s popularity and strengthen its position in the cryptocurrency market.
Price Movement – Bonk’s Reaction to Revolut News
Bonk token ranks 100 on Coingecko. Following the news of Revolut’s consideration to list Bonk, the meme coin witnessed a significant price spike, surging by 15% in the last 24 hours, reaching $0.000014.
Trading volumes surged to $121.5 million, indicating heightened interest among traders. Technical indicators, such as the relative strength index (RSI) at 57.34, suggest bullish momentum.
Bonk’s price performance has been dynamic, with recent weeks showing an 8% increase, however still down 60% from its all-time high.
Previously, Bonk gained substantial attention during the Solana meme coin frenzy in December 2023, witnessing a remarkable 19,000% surge in six weeks. The coin’s listing on Coinbase further boosted its place, becoming the 12th largest debut with $238 million in trading volume.
Revolut’s consideration of listing Bonk, along with the ambitious Learn and Earn campaign, marks a significant moment for the meme coin to finally get mainstream adoption. If listed.. Can BONK finally breakthrough?