Solana Memecoin BONK to be Listed on Coinbase
The popular memecoin within the Solana ecosystem, BONK, is gearing up for a listing on the renowned United States-based cryptocurrency exchange Coinbase. The official announcement on the X page has revealed that BONK trading services are scheduled to commence on December 14th at 20:00.
BONK has garnered significant attention, riding the wave of enthusiasm within the Solana community. The overall surge in Solana’s value has propelled projects within its ecosystem into the spotlight, continuing to attract investors. Notably, BONK, as the leading memecoin project in the Solana ecosystem, has made waves in the memecoin sector with its recent surge in value.
As of the latest update, BONK is currently trading at $0.00001080, boasting a market capitalization of $630 million. This positions BONK at the 97th spot among all crypto assets and the 3rd spot among memecoins. In the previous week, BONK achieved a significant milestone by surpassing PEPE, grabbing the attention of centralized cryptocurrency exchanges.
Key Information from Coinbase Announcement
In its official announcement, Coinbase thoughtfully provided the Solana network contract address for BONK to investors. The team also issued a cautionary note, highlighting the potential risk of fund loss associated with assets sent over different networks. Additionally, investors were warned that BONK support might be restricted in certain regions.