KuCoin Welcomes Solana-Powered Bonk (BONK) Meme Coin for Trading

KuCoin Welcomes Solana-Powered Bonk (BONK) Meme Coin for Trading

Bonk (BONK) Officially Listed on KuCoin

Bonk (BONK), the pioneering dog-themed coin on the Solana network, proudly announces its official listing on KuCoin, the sixth-largest crypto exchange according to CoinMarketCap.

The meme coin’s trading pair, BONK/USDT, is open for deposits via the SOL network, with live trading in full swing as of press time. KuCoin will officially enable BONK withdrawals at 10:00 on November 29, 2023 (UTC).

Right after KuCoin’s announcement on its official X page, BONK experienced a price surge, reaching the $0.00000396 price point. This marks a 4% increase from BONK’s $0.00000380 market opening value.

BONK’s Journey and Achievements

BONK debuted as a Christmas airdrop to the Solana community on December 25, 2022, and commenced trading on December 30 of the same year. $SOL users received 50% of the total $BONK airdrop supply, distributed among 40 NFT collections (20%), early openbook traders (15%), artists and collectors (10%), and developers (5%).

Over the ensuing months, BONK achieved an all-time high of 480K unique holders, fulfilling its mission to reward loyal Solana users and power apps that are “only possible on Solana.”

BONK’s Prominence on KuCoin

According to the official KuCoin website, the dog-inspired meme asset has consistently been among the top traded tokens on Solana, trailing only $SOL itself and USDC since the beginning of 2023. KuCoin’s listing of BONK aligns with the exchange’s mission to offer users a diverse collection of crypto assets.

BONK now joins a myriad of crypto assets on KuCoin, including Chainflip, ROOT, VRTX, and more. Notably, last week, KuCoin launched KuCard, a debit card that seamlessly integrates digital assets with traditional banking.