Solana

Bonk

The new meme coin in trend, BONK is making huge waves in the market. <a href="https://news.todayq.com/bonk-avax-leads-gain-amid-high-selling-pressure/" target="_blank" rel="noreferrer noopener">Solana based meme coin</a> price jumped by more than 53% in the last 24 hours as Coinbase, the US’s biggest crypto exchange announced listing plans. Riding on the upward road, Bonk recently dethroned PEPE coin to become the third biggest meme crypto. Coinbase’s plan for Solana based meme coin 
In a post, Coinbase revealed its plans to introduce support for Bonk (BONK) on the Solana network (SPL token). Trading for BONK on Coinbase and Coinbase Exchange is scheduled to commence on or after 9 AM PT on December 14, 2023, subject to meeting liquidity conditions. It added that users are advised not to send this asset over other networks to prevent potential loss of funds. 
Coinbase mentioned that the rollout of BONK-USD trading pairs will follow once an ample supply of the asset is established, with trading launching in phases. It added that the Solana network (SPL token) contract address for Bonk (BONK) is DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263. 
It is important to note that Coinbase will designate support for BONK under the Experimental label. This is applied to assets new to the platform or those with relatively low trading volume. As per the exchange, the experimental label aims to enhance transparency by alerting customers to potential risks like price volatility and order cancellations. BONK price up by 7200% on YTD 
Solana’s based meme crypto, BONK price has managed to gain more than 7200% on the year to date (YTD) basis. Bonk is trading at an average price of $0.000015, at the press time. Its 24 hour trading volume is up by 72% to stand at $263.7 million. After overtaking PEPE, Bonk’s cumulative market cap stands at $881 million. 
However, Solana is also riding high on the same road. SOL price has jumped by 620% on YTD. Solana is trading at an average price of $71, at the press time. Its 24 hour trading volume is down by 12% to stand at $2.18 billion. Source: CoinmarketCap 
It is important to note that BONK’s recent rally has helped the meme cryptos to revive. The cumulative market cap of the meme crypto category is up by 7% in the last 24 hours to stand at $23.21 billion.&nbsp; 
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BONK price blasts 53% over Coinbase listing, Solana follows

Todayq News

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