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Solana-Based Meme Coin Bonk (BONK) Now Available for Trading at KuCoin

source-logo  coinedition.com 28 November 2023 11:08, UTC

Bonk (BONK), the first dog-themed coin on the Solana network, has proudly announced its official listing on KuCoin, the sixth largest crypto exchange, as per CoinMarketCap.

The meme coin’s trading pair, BONK/USDT, is open for deposits via the SOL network, with its live trading in full swing as of press time. KuCoin will also officially enable BONK withdrawals at 10:00 on November 29, 2023 (UTC).

Right after KuCoin announced the news on its official X page, meme coin BONK jumped to the $0.00000396 price point. The increase is 4% higher than BONK’s $0.00000380 market opening value.

📢 New Listing@bonk_inu $BONK Gets Listed on #KuCoin!

💎Pair: BONK/USDT
💎Deposit: now open (network: SOL)
💎Trading: 10:00 on November 28, 2023 (UTC)

— KuCoin (@kucoincom) November 28, 2023

BONK debuted as a Christmas airdrop to the Solana community on December 25, 2022, and was opened for trading on December 30 of the same year. $SOL users received 50% of the total $BONK airdrop supply, which is split into 40 NFT collections (20%), early openbook traders (15%), artists and collectors (10%), and developers (5%).

Over the following months, BONK also achieved an all-time high of 480K unique holders. BONK’s mission was to reward loyal Solana users and power apps that were “only possible on Solana.”

According to the official KuCoin website, the dog-inspired meme asset has remained the top traded token on Solana, after $SOL itself and USDC, since the beginning of 2023. KuCoin’s listing of BONK is part of the exchange’s mission to provide users with a diverse collection of crypto assets.

BONK is now part of a myriad of crypto assets, including Chainflip, ROOT, VRTX, and many more. Last week, KuCoin also launched KuCard, a debit card that merges digital assets with traditional banking.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

coinedition.com