Released during the Christmas period of 2022, the altcoin Bonk (BONK) quickly managed to attract investors’ attention with major cryptocurrency exchange listings. Listings on two of the leading cryptocurrency exchanges, Coinbase and Binance, caused explosive growth for the Solana (SOL) based altcoin. Most recently, the announcement of BONK listings from Kraken and WazirX has led to speculation that the rise triggered by these listings could regain strength and continue.
Kraken and WazirX List BONK
The Solana-supported memecoin has made a big splash in the cryptocurrency world recently. With a price chart indicating a massive rise over a monthly period, BONK has been listed on numerous leading cryptocurrency exchanges.
San Francisco-based cryptocurrency exchange Kraken announced today that it has listed BONK. Initially, the exchange opened trading for BONK with US dollar and Euro trading pairs and set the minimum order size at 350,000 units. Kraken also set the minimum deposit amount for the altcoin at 42,000 units.
Another leading cryptocurrency exchange, WazirX, announced on December 22 that it had listed BONK. WazirX opened trading for the altcoin with the BONK/USDT trading pair.
Current Status of BONK Price
The price of BONK has fallen by 2.77% in the last 24 hours and is currently trading at $0.00001833. Data shows that the altcoin has fallen by 24.65% in the weekly timeframe following a large exit, but despite this pullback, it has risen by 323.35% in the last 30 days. It should be noted that the price of the altcoin has made an extremely large jump of 333 times in the last year.
The all-time high for the altcoin was recorded on December 15, 2023, at $0.00003419. With current prices, BONK is trading 46.48% below its all-time high, and market observers are focusing on the possibility that the altcoin could gain strength with the increasing number of exchange listings, which could lead to a potential upward movement.
