2023 has been a full recovery year for Solana (SOL). One of the biggest contributors to SOL’s recovery was undoubtedly BONK. BONK is known as the unruly meme coin of the Solana network, competing with other dog-themed meme coins such as DOGE and SHIB. Last year, BONK experienced a surge of nearly 344 times its value. Just moments ago, it was announced by Robinhood EU that BONK has been listed to capitalize on the meme coin’s rise.
Robinhood EU Lists BONK
Last year, BONK made a complete show of itself, capturing the attention of the entire market with its price movement, leaving all its competitors behind, and securing the top spot on the list of the year’s most profitable cryptocurrencies. This surge caught the attention of exchanges, and listings followed one after another.
The meme coin frenzy that restarted last week continues today, and exchanges are seen to be wanting to benefit from this situation. The announcement made by Robinhood Crypto EU on platform X was as follows:
$BONK is now live for trading in certain EU jurisdictions on Robinhood Crypto!
Trade 24/7 in the app, and earn a percentage of your trades back in BTC (terms apply).
BONK Price Outlook
Following the news of its listing, BONK’s price experienced a 7% increase within minutes. As of this writing, BONK is trading at $0.00003697. Over the past 7 days, BONK’s gains exceeded 150%, placing it among the top earners even within meme coins.
BONK’s market cap also rose by 8%, surpassing $2.4 billion, ranking it 49th in the market. BONK’s trading volume over the last 24 hours has increased by 78%, exceeding $2.1 billion.
Last year, after the airdrop with Solana SAGA phones, BONK, which frequently made headlines, continues to be closely watched by investors curious about how far it can go.