Solana’s foremost meme coin, BONK, is once more making headways on the charts and in its fundamentals. The meme coin’s ecosystem just lately made vital strides, that are already having a optimistic impact and will present additional bullish momentum for the crypto token.
BONK Set To Get Listed On Revolut?
The Bonk DAO, the decentralized autonomous group behind the meme coin, has handed a proposal to launch the crypto token on one of many “greatest European fintechs.” Whereas the proposal didn’t particularly state what fintech platform it is going to be, there may be cause to imagine the proposed partnership is with crypto-friendly monetary firm Revolut.
The proposal additionally alluded to the truth that the fintech platform boasted a consumer base of greater than 38 million customers and was operational in additional than 50 international locations, which additional hints on the platform being Revolut. Curiously, the partnership goals to onboard “500,000 new BONK customers” to extend the crypto token’s lively holder base.
The token launch on the Revolut platform is step one to attaining this, though the first focus is on the ‘Study and Earn’ marketing campaign, which is able to comply with shortly after. This instructional initiative received’t come till 1 to 2 months after the token launch. The plan is to create room for natural development with the BONK itemizing earlier than participating these new customers.
In the meantime, the proposal (earlier than being handed) appeared to be the one factor delaying this transfer, because it was additionally included within the proposal that Vendor Due Diligence (VDD) and all different authorized necessities had been accomplished. With the proposal’s passing, it shouldn’t take too lengthy earlier than the meme coin will get listed on the fintech platform.
BONK The Meme Coin Of The Subsequent Bull Run
A case continues to be made for BONK because the meme coin of the subsequent bull run. Previously market cycles, meme cash like DOGE and SHIB loved unimaginable positive factors on the again of large rallies. In the meantime, BONK is projected to get pleasure from the same standing partly attributable to its shut affiliation with Solana.
BONK is the primary meme coin created on Solana, and SOL is believed to be one of many main altcoins that can run onerous when the bull market returns in full drive. When that occurs, the meme coin will possible get pleasure from among the consideration and make a run of its personal.
On the time of writing, BONK is buying and selling at round $0.0000142, up over 10% within the final 24 hours, in accordance with information from CoinMarketCap.
Chart from Tradingview