Nexo

Start Earning Up to 16% Interest Automatically

Learn More
Home » News » Coinbase to list Solana’s BONK, meme coin jumps over 8%

Coinbase to list Solana’s BONK, meme coin jumps over 8%

by

BONK has seen its value increase by 410% over the last month, making it the top-performing dog coin.

Coinbase to list Solana’s BONK, meme coin jumps over 8%

Share this article

Coinbase, the major US-based crypto exchange, announced today that it will be listing Bonk (BONK), a dog-themed token on the Solana blockchain. The inclusion of BONK on Coinbase’s listing “Roadmap” caused the price of the token to jump over 8% from .00001229 to .00001132 according to data from CoinGecko.

Assets placed on Coinbase’s roadmap indicate that the exchange has decided to list the asset, while increasing transparency by providing information symmetry, according to a Coinbase statement.

“As part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post to communicate when we have made a decision to list an asset.” wrote Coinbase on its roadmap website.

However, the exchange cautions users against depositing these experimental assets to avoid potential permanent loss of funds until an official full listing announcement.

Much like other dog-themed meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB), BONK has seen a massive surge in popularity among meme coin enthusiasts. Over the last month alone, BONK gained 416%, handily surpassing the gains made by the more established dog tokens DOGE and SHIB over the same period.

In line with its new policy, Coinbase has recently introduced an “Experimental” label, applicable to newly listed assets or those with relatively low trading volumes. Some assets, including BONK, may be listed with this cautionary label, indicating their nascent or experimental status within the platform during the early stages after launch.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.