BONK memecoin grew by 400% in a month

Cryptocurrency exchange Coinbase is planning to list Dogecoin (DOGE), the largest competitor to the meme-coin. In a new announcement, the platform says it has added Bonk (BONK), powered by Solana (SOL), to its «listing roadmap.»

The exchange created the roadmap last year to «increase transparency and reduce the likelihood of early announcements of new trading support.»

According to the analytical tracker CoinMarketCap, at the time of writing, BONK is trading at $ 0.1 464, a 400% increase in a month. As of December 14, the total number of coins circulating on the market amounted to $ 892 million, and traders made daily trading deals worth $ 267.7 million.

Notably, crypto strategist Altcoin Sherpa recently stated that BONK could soon cross the $ 0 level.1 500

«BONK: the next phase? It’s probably a good thing that I’ve familiarized myself with this meme a bit. I’ve already exited my position, but I’m thinking about entering again.»

As a reminder, in November, BONK showed a total gain of 1700%. This year, in January, BONK became the most popular cryptocurrency, recording an almost 25-fold jump in price. Investors appreciated this and actively bought the virtual coin.

According to Finbold experts, Bonk may turn into the main meme coin of the current rally with the potential to grow in value by 2000% or more by the end of the year. «Given that Bonk is far from being as popular or well-known as Dogecoin, Floki Inu, or Pepe, its growth is even more impressive ,» the analysts emphasized.