Solana’s foremost meme coin, BONK, is once more making headways on the charts and in its fundamentals. The meme coin’s ecosystem not too long ago made important 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 “largest European fintechs.” Whereas the proposal didn’t particularly state what fintech platform it will likely be, there may be motive 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 person base of greater than 38 million customers and was operational in additional than 50 nations, 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 ‘Be taught and Earn’ marketing campaign, which can observe shortly after. This academic initiative gained’t come till 1 to 2 months after the token launch. The plan is to create room for natural progress with the BONK itemizing earlier than partaking these new customers.
In the meantime, the proposal (earlier than being handed) gave the impression 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. Up to now market cycles, meme cash like DOGE and SHIB loved unimaginable good points on the again of large rallies. In the meantime, BONK is projected to take pleasure in the same standing partly resulting from 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 may run onerous when the bull market returns in full power. When that occurs, the meme coin will probably take pleasure in a few of 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 line with knowledge from CoinMarketCap.
Chart from Tradingview
