BONK Price Soars Following Revolut’s Listing Interest: Can This Spark a Memecoin Rally?
Revolut, the prominent European fintech company, is exploring the possibility of listing Bonk, the meme coin of Solana, which could potentially be a turning point in the token’s journey towards widespread acceptance. This move is part of the broader initiative known as the Learn and Earn $1.2 Million campaign.
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The Learn and Earn Campaign: Strategic Objectives
The Bonk DAO has proposed the Learn and Earn campaign, which involves distributing 93 billion BONK tokens to participants. The main objective is to increase Bonk’s user base by 500,000 users. This campaign is set to be executed in collaboration with the major fintech firm Revolut, which has 38 million users who will benefit from it.
The Learn and Earn campaign will be carried out in two distinct phases of user acquisition. The first phase involves the introduction of the BONK token and its organic growth for a period of 1-2 months. Meanwhile, the second phase focuses on a targeted Learn and Earn campaign, aiming to actively engage with new users and help them understand the Bonk cryptocurrency.
The proposal for the Learn and Earn campaign, as well as the potential listing of Bonk on Revolut, underwent a voting process within the Bonk DAO community. The results were overwhelmingly positive, with all eight voters casting “YES” votes, indicating unanimous approval.
Revolut’s Consideration and Airdrop Speculations
Revolut is currently in the early stages of considering the listing of Bonk, a meme coin built on the Solana blockchain. If Bonk is listed on Revolut, which has over 38 million users and operates in more than 50 countries, it could have a significant impact on the mainstream adoption of BONK.
Speculations about an airdrop are also generating excitement. If the proposal to list Bonk on Revolut is approved, there is a possibility of an airdrop for Revolut traders. With Bonk DAO holding tokens worth over $158 million, such an airdrop could further increase Bonk’s popularity and strengthen its position in the cryptocurrency market.
Price Movement – Bonk’s Reaction to Revolut News
Bonk token is currently ranked 100 on Coingecko. Following the news of Revolut’s consideration to list Bonk, the meme coin experienced a significant price surge, with a 15% increase in the last 24 hours, reaching $0.000014.
Trading volumes also saw a surge, reaching $121.5 million, indicating increased interest among traders. Technical indicators, such as the relative strength index (RSI) at 57.34, suggest a bullish momentum.
Bonk’s price performance has been dynamic, with an 8% increase in recent weeks, although it is still down 60% from its all-time high.
Previously, Bonk gained significant attention during the Solana meme coin frenzy in December 2023, experiencing an astonishing 19,000% surge in just six weeks. Its listing on Coinbase further boosted its position, becoming the 12th largest debut with a trading volume of $238 million.
Revolut’s consideration of listing Bonk, along with the ambitious Learn and Earn campaign, marks a significant moment for the meme coin to finally achieve mainstream adoption. If listed, could BONK finally break through?
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