Pepe

Bonk

Shiba Inu

In the realm of meme tokens, Solana’s Bonk (BONK) is replacing major <a href="https://news.todayq.com/bonk-price-jumps-36-outperforms-pepe/">meme tokens like Pepe</a> due to its performance. This rapidly surging token is not available on top cryptocurrency exchanges, but the recent post from Coinbase regarding the BONK listing has garnered everyone’s attention. Coinbase’s decision to add BONK to its roadmap 
Coinbase, a prominent cryptocurrency exchange, revealed its plan on December 13, 2023, to list the Bonk (BONK) token, a dog-themed cryptocurrency based on the Solana blockchain. The plan to add BONK on Coinbase was shared on X (previously Twitter) and gathered significant attention. However, the main reason for this massive attention is that BONK has shown a significant upside momentum of over 400% in the last 30 days. 
Asset added to the roadmap today: Bonk (BONK) 
If we look at the Coinbase post where they mentioned that BONK is now added to their roadmap, it means Coinbase will now authenticate the BONK token. However, Coinbase also shared a blog post with the X announcement, stating that Coinbase always tries to add every possible token. But before listing any tokens, there are a few things that need to be checked, including whether the token meets legal standards, compliance, and technical security. 
Some of the reasons why Coinbase crypto exchanges do not list popular cryptocurrencies are: 
<ol> 
 <li>The asset does not meet our minimum listing standards across legal, compliance, and technical security.</li> 
 <li>Do not have enough information about the asset.</li> 
 <li>Technical integration work is required.</li> 
</ol> 
Coinbase’s decision to add BONK to its roadmap aligns with the exchange’s commitment to transparency and the balanced dissemination of information. BONK’s current market performance and upside momentum 
Currently, BONK is trading at $0.0000099, and in the last 24 hours, it has experienced a downside movement of over 20%. Additionally, when looking at a longer time frame, BONK has moved with a 400% upside momentum in the last 30 days. 
BONK joins the <a href="https://news.todayq.com/bonk-avax-leads-gain-amid-high-selling-pressure/">ranks of other meme coins</a> such as Dogecoin (DOGE) and Shiba Inu (SHIB). Despite its newness, BONK has gained significant popularity among meme coin enthusiasts. Additionally, it has outpaced the growth of more established meme coins DOGE and SHIB, with a remarkable 400% surge in value over the past month. 
Solana’s blockchain, where BONK operates, reported an impressive trading volume of $924.7 million over 24 hours. This surpassed the on-chain trading activity of other prominent platforms, including Arbitrum, Binance Smart Chain, Polygon, Avalanche, and Thorchain. Ethereum remained the only network with a higher trading volume, recording $1.3 billion within the same timeframe, according to DefiLlama. 
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