Bonk Up 13% Amid Revolut Listing Rumors
Solana-based memecoin, Bonk, rose in value by 13% amid rumors of a possible Revolut listing.
As part of the partnership, Revolut will launch a "Learn and Earn" program to increase the memecoin user base by 500,000 people. That's 1.3% of the entire user base of Revolut's service. Revolut will provide $1.2 million or 93 billion Bonk tokens to motivate the community.
The proposal has received official approval from the Bonk community. By now, 100% of participants have voted in favor of the campaign, which will take place in two phases. The first one consists in listing Bonk on Revolut. The second phase will be launched one or two months after the listing and will consist of a learning program.
#Revolut plans to list #BONK and launch a $1.2M campaign to educate users about the meme coin. Approval vote expected to pass. #crypto #Solana
— Learn2Earn (@Learn2Earnify) February 14, 2024
Follow and stay tuned! 📺🔊
Bonk's price reacted positively to the news, rising 13% in the last 24 hours. At the time of writing, the popular memecoin was worth $0.00001409.
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The price dynamics of memecoin remains positive. Over the past seven days, the token has grown by 34%. From a technical point of view, the RSI index is at 57.34, indicating bullish momentum.
However, this is not a hundred percent statement. The cryptocurrency market is volatile. Investors should do their own research.
The hype over Bonk's listing on Revolut has sparked speculation about an additional airdrop of the token. However, these rumors remain unconfirmed.
