{"id":575417,"date":"2024-02-16T10:30:34","date_gmt":"2024-02-16T10:30:34","guid":{"rendered":"https:\/\/www.wncen.com\/?p=575417"},"modified":"2024-02-16T07:14:27","modified_gmt":"2024-02-16T07:14:27","slug":"bonk-price-jumps-over-30-as-robinhood-revolut-listing-speculations-gain-traction","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/bonk-price-jumps-over-30-as-robinhood-revolut-listing-speculations-gain-traction\/","title":{"rendered":"BONK Price Jumps Over 30% As Robinhood, Revolut Listing Speculations Gain Traction"},"content":{"rendered":"
The crypto world is always buzzing, and this week, it’s the Shiba Inu-inspired BONK, built on the Solana blockchain, making the headlines. Its price has experienced a remarkable jump, exceeding 30% in just the past week<\/a>, fueled by whispers of potential listings on two major platforms: Revolut and Robinhood.<\/p>\n <\/p>\n Rumors emerged suggesting BONK could soon become available to Revolut’s staggering 38 million user base. The speculation didn’t stop there, with talk of a “Learn and Earn” campaign potentially adding another half a million to the BONK community.<\/p>\n <\/p>\n Robinhood, synonymous with the meme stock frenzy of 2021, is known for its ability to bring lesser-known assets to the forefront. The mere possibility of BONK finding a home on its platform sent the price hurtling upwards.<\/p>\n <\/p>\n Before you grab your leash and join the BONK bonanza, remember this: these are just rumors. Neither Revolut nor Robinhood has confirmed anything, and diving headfirst into unconfirmed news is never a sound investment strategy.<\/p>\n Additionally, memecoins are notorious for their wild price swings. BONK itself experienced a meteoric rise of 4,424% in 2023, followed by a sharp correction. While the potential upside is tempting, be prepared for some serious volatility.<\/p>\n It’s crucial to remember that BONK isn’t just a meme coin riding a rumor wave. It has carved its own niche within the Solana ecosystem. Major exchanges like Binance and Coinbase already offer BONK trading, and it even played a role as an incentive within the Solana Saga smartphone project. This suggests that BONK isn’t simply a flash in the pan, but a project with some established groundwork.<\/p>\n The potential impact of major platform listings is undeniable. Increased accessibility could significantly boost BONK’s adoption and potentially positively impact the broader Solana ecosystem. However, the lack of confirmation surrounding the rumors and the inherent volatility of meme coins necessitate a cautious approach. Before investing, thorough research and a clear understanding of the risks involved are paramount.<\/p>\nThe Spark That Ignited The Frenzy<\/strong><\/h2>\n
BONK price action. Source: Coingecko<\/pre>\n
Robinhood Whispers Stir The Pot<\/strong><\/h2>\n
Screenshot of BONK\u2019s Learn and Earn Campaign with Revolut. Source: Realms<\/pre>\n
BONK currently trading at $0.0000141 on the daily chart: TradingView.com<\/a><\/pre>\n
Digging Deeper Into BONK’s Territory<\/strong><\/h3>\n
Investment Considerations: Weighing The Risks And Rewards<\/strong><\/h3>\n