NewsletterBONK Trading Debuts On Kraken & WazirX, How’s BONK Price Faring Now?
Bonk, a cryptocurrency launched on Christmas Day, 2022, caught the eyes of crypto traders and investors globally as the token recently witnessed a listing chronicle. The announcement, unveiled by two of the most renowned exchanges within the cryptocurrency landscape, promptly gained noteworthy traction across the broader crypto market, fueling speculations for the Solana-backed token.
Meanwhile, the announcement also comes amid a price drop noted by the token, as portrayed by today’s market charts. Simultaneously, crypto market enthusiasts appear to be eyeing the token extensively following its recent listing saga as exchanges illustrate efforts to build support for it.
BONK’s Listing Chronicle
The Solana-backed meme coin’s venture into the crypto world has garnered quite a buzz recently. With its market charts painting a colossal monthly upswing, the token witnessed numerous listings on some of the leading exchanges globally.
Kraken, a San Francisco-based cryptocurrency exchange, announced BONK listing on its platform today, December 23. Notably, the firm commenced BONK trading by pegging it to the USD and EUR pair and set a minimum order size of 350,000. Furthermore, the firm set a minimum deposit value of 42,000. Meanwhile, it also cautioned its users to trade the token only on Solana, as trading it on other blockchains could result in a potential loss.
In addition, WazirX, another prominent exchange, announced BONK listing on its platform yesterday, December 22. WazirX commenced trading the token with the BONK/USDT pair, showcasing efforts to build support for the crypto’s trading.
As reported by CoinGape Media earlier, Binance, another prominent exchange, announced BONK listing on its platform this month.
Also Read: Here’s Why Bitcoin Jumps 160% YTD Despite Multiple Setbacks
BONK Price: Report
As of writing, the Bonk price showcased a drop of 2.77% in the past 24 hours and currently rests at $0.00001833. Moreover, the token’s weekly chart illustrates a 24.65% downswing.
However, as compared to the monthly upsurge of 321.82%, the current price drop is stirring speculations within the broader crypto market. With exchanges building support for the meme coin’s trading, the prices are expected to be bolstered soon.
Also Read: Ethereum Ain’t Dead: Here’s Why Ethereum Can Outperform Bitcoin in Q1 2024
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