BONK, Solana-Based Memecoin Ready to Surge Thanks to Revolut and Robinhood

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Bittime - BONK, one of the memecoins that use the Solana blockchain network, has been in the spotlight of crypto investors lately. The price of the BONK token rose by more than 14% on February 14, 2024, after news circulated that BONK would soon enter the Revolut and Robinhood platforms, two popular applications for investing and trading.

Despite a 6% decline from the high reached on February 15, BONK still recorded an increase of almost 50% throughout February. BONK is also ranked 10th on CoinMarketCap's list of most popular Solana tokens, with a market capitalization of around $1.2 million (Rp18.75 billion).

Listings on Popular Platforms

One of the factors driving Bonk's price increase was rumors of listings on the Revolut and Robinhood platforms, which have millions of users worldwide. Revolut is a British fintech app that offers payment, investment, and currency exchange services, including crypto. Robinhood is an American stock and crypto trading app known for its role in the GameStop meme stock phenomenon in early 2021.

According to some sources, BONK will soon be available to Revolut users, reaching 38 million people by the end of 2023. In addition, BONK will also hold a "Learn and Earn" campaign, which gives free tokens to users who complete quizzes about BONK. The campaign is expected to attract half a million potential users to BONK.

In addition to Revolut, BONK is also rumored to be entering the Robinhood platform, which has more than 31 million active users by the end of 2023. Robinhood is a popular trading platform among retail investors, especially millennials and Z. Listing on Robinhood can increase Bonk's exposure and demand in the crypto market.

These rumors surfaced on proposal platform Realms, which is a community platform for Solana tokens. However, there has been no official confirmation from Revolut or Robinhood regarding BONK's listing plan.

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Conclusion

BONK is one such memecoin that uses the Solana blockchain network, which offers speed and low transaction fees. BONK is in the spotlight of crypto investors due to rumors about listing on the Revolut and Robinhood platforms, which could increase BONK's exposure and demand in the crypto market. From the technical side, the BONK price shows a bullish pattern, with the potential to surge higher in the short and medium term. However, investors should remain cautious of the volatility and uncertainty risks inherent in the crypto market.

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Cara Beli Crypto di Bittime

You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What is BONK (BONK)? Meme Coin Phenomenon

BONK Price Soars 7% After Getting Offer from Revolut

What Is Myro (MYRO): BONK, DOGE &; SHIBA Competitor Token Memes

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.