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Bonk

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In a surprising move,&nbsp;<a href="https://x.com/CoinbaseAssets/status/1734739348308787524?s=20">Coinbase</a>, one of the leading crypto exchanges in the United States, has unveiled plans to include the popular meme token BONK in its roadmap.&nbsp;
This announcement, detailed in the blog section of the exchange, emphasizes Coinbase's adherence to stringent standards when integrating new assets.
The inclusion of&nbsp;<a href="https://u.today/bonk-price-might-print-pullback-if-this-analysts-warning-comes-true">BONK</a>, the first dog-themed coin on Solana, marks a significant development for this popular meme coin.
<blockquote>
 Asset added to the roadmap today: Bonk (BONK)<a href="https://t.co/rRB9d3hSr2">https://t.co/rRB9d3hSr2</a>— Coinbase Assets 🛡️📞 (@CoinbaseAssets) <a href="https://twitter.com/CoinbaseAssets/status/1734739348308787524?ref_src=twsrc%5Etfw">December 13, 2023</a>
</blockquote> 
BONK, which follows the ethos of "for the people, by the people," distributed a remarkable half of its total supply via an airdrop to the&nbsp;<a href="https://u.today/solana-sol-shockingly-threatening-xrp-in-ranking">Solana</a> community. Launched in December 2022, BONK quickly gained attention and even contributed to a surge in the price of the&nbsp;<a href="https://u.today/avalanche-avax-might-repeat-solanas-sol-mind-blowing-rally">SOL</a> token when trading commenced at the end of 2022.
<h2 dir="ltr" id="bonk-price-reaction">BONK price reaction</h2>
The market response to Coinbase's decision has been nothing short of a roller coaster ride for BONK's price. Since the beginning of November, the token has already witnessed impressive growth of 2,969%, maintaining its upward trajectory until the first 10 days of December.&nbsp;
However, a sudden shift in the trend led to a descent in BONK's price.
<img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="0322b681-205f-442a-912a-dcfa13645108" src="https://u.today/sites/default/files/inline-images/BONK_1D_graph_coinmarketcap.jpeg">BONK to USD by <a href="https://coinmarketcap.com/currencies/bonk1/">CoinMarketCap</a>
Coinbase's announcement triggered a surge in BONK quotes, with the meme coin's value skyrocketing by over 17%. Yet, this momentum proved short-lived as a swift sell-off followed, resulting in a staggering 26.69% drop.&nbsp;
The resulting price volatility has turned BONK into a veritable roller coaster, providing both bears and bulls with a thrilling, but unpredictable, ride.

SHIB Rival on Solana, BONK, Added to Coinbase Roadmap, Price Reacts Inadequately

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