Solana

Memecoin

Bonk

Shiba Inu

<a href="https://bitcoinworld.co.in/bonk-jumps-over-8-as-coinbase-moves-to-list-the-memecoin/" title="BONK Jumps Over 8% As Coinbase Moves To List The Memecoin" rel="noopener noreferrer nofollow"></a>
<ul>
 <li style="font-weight: 400">Coinbase to list Solana’s BONK, meme coin jumps over 8%</li>
 <li style="font-weight: 400">BONK has seen its value increase by 410% over the last month, making it the top-performing dog coin.</li>
</ul>
Coinbase, the major US-based crypto exchange, announced today that it will be listing Bonk (BONK), a dog-themed token on the Solana blockchain.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Asset added to the roadmap today: Bonk (BONK)<a href="https://t.co/rRB9d3hSr2" rel="noopener noreferrer nofollow">https://t.co/rRB9d3hSr2</a>
 — Coinbase Assets <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4de.png" alt="📞" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CoinbaseAssets) <a href="https://twitter.com/CoinbaseAssets/status/1734739348308787524?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 13, 2023</a>
</blockquote>
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The inclusion of BONK on Coinbase’s listing “Roadmap” caused the price of the token to <a href="https://coinstats.app/coins/bonk/" rel="noopener noreferrer nofollow">jump</a> over 8% from .00001229 to .00001132 according to data from CoinGecko.
Assets placed on Coinbase’s roadmap indicate that the exchange has decided to list the asset, while increasing transparency by providing information symmetry, according to a Coinbase <a href="https://www.coinbase.com/blog/increasing-transparency-for-new-asset-listings-on-coinbase" rel="noopener noreferrer nofollow">statement</a>.
“As part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post to communicate when we have made a decision to list an asset.” wrote Coinbase on its roadmap website.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/coinbase-announces-new-smart-contract-platform-for-institutional-investors/" aria-label="“Coinbase Announces New Smart Contract Platform For Institutional Investors” (Edit)" rel="noopener noreferrer nofollow">Coinbase Announces New Smart Contract Platform For Institutional Investors</a>
However, the exchange cautions users against depositing these experimental assets to avoid potential permanent loss of funds until an official full listing announcement.
Much like other dog-themed meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB), BONK has seen a massive surge in popularity among meme coin enthusiasts.&nbsp;
Over the last month alone, BONK gained 416%, handily surpassing the gains made by the more established dog tokens DOGE and SHIB over the same period.
In line with its new policy, Coinbase has recently introduced an “Experimental” label, applicable to newly listed assets or those with relatively low trading volumes.&nbsp;
Some assets, including BONK, may be listed with this cautionary label, indicating their nascent or experimental status within the platform during the early stages after launch.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote>
The post <a href="https://bitcoinworld.co.in/bonk-jumps-over-8-as-coinbase-moves-to-list-the-memecoin/" rel="noopener noreferrer nofollow">BONK Jumps Over 8% As Coinbase Moves To List The Memecoin</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

BONK Jumps Over 8% As Coinbase Moves To List The Memecoin

ItsBitcoinWorld

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