Coinbase Hype Still Fresh: Can BONK Hold Onto Its Gains With Binance Debut?
Coinbase recently listed a new token, BONK.
Post-listing, BONK experienced a 60% surge, reaching an all-time high.
Binance accordingly announced plans to list BONK, with spot trading pairs set to go live on December 15, 2023, at 08:00 (UTC).
Coinbase, one of the leading cryptocurrency exchanges, recently announced the listing of a new token, BONK. Following the listing, the price of BONK witnessed a 60% surge, hitting an all-time high. Additionally, Binance, another major player in the crypto space, swiftly followed suit, revealing its plans to list BONK, accompanied by a Seed Tag.
Binance will list spot trading pairs BONK/USDT, BONK/FDUSD, and BONK/TRY are set to go live on December 15, 2023, at 08:00 (UTC). This move comes as Binance acknowledges the growing popularity and demand for BONK in the crypto market.
#Binance will list @bonk_inu $BONK with Seed Tag applied. 👉 https://t.co/BVs6KjrRvK pic.twitter.com/AKB6mlwnkL
— Binance (@binance) December 15, 2023
The mere announcement of Binance’s listing propelled BONK’s price to surge by an impressive 115%. Zooming out to a 30-day analysis, BONK has recorded an 1100% increase, underscoring the fervor surrounding this relatively new Solana-based meme coin.
Despite the excitement, Binance issued a cautionary statement regarding BONK, stating that BONK is a new and innovative token, implying a higher-than-normal risk level. Traders are advised to exercise sufficient risk management, conduct thorough research on BONK’s fundamentals, and gain a comprehensive understanding of the project before engaging in trading activities.
The introduction of a Seed Tag by Binance signifies that BONK is considered an innovative project, potentially exhibiting more volatility and risks compared to other tokens on the exchange.
With BONK set to make its debut on Binance, traders can expect heightened volatility. BONK is trading at $0.00002952 at press time, surging from a 24-hour low of $0.00001392, according to data from CoinGecko. The meme coin has reportedly breached the $0.00003 price level.
The post Coinbase Hype Still Fresh: Can BONK Hold Onto Its Gains with Binance Debut? appeared first on Coin Edition.
hold and be patient enough your rewards will unlock the $PEPE potentials
Oyee Dk
·
--
$PEPE Holders Read it Carefully Whether you hold millions or trillions, it doesn't make much of a difference, but if you are holding, you shouldn't sell at this time. Many people are showing images of $1 and $21, but those are just for fun; the reality is quite different.
There is a strong rule: buy the deep, sell the highest
buy more $PEPE the pump is yet to come again ... burning will soon begin DECEMBER /JANUARY
BelleAlpha
·
--
🚀🐸 I’m holding 10 MILLION $PEPE ! Can this turn me into a future billionaire?! 😱💸 Maybe the next massive pump will be my moment! 🔥 I’m ready for that moonshot 🌕💚 #PepeArmy #billionairedreams
The enemies are born to criticize success . $PEPE is not excluded from critics target. we move to #ATH before #bullish growth . happy #Xmas #pepe⚡ community .