Token

Burn

Optimism

Billion

Revolt App has made a significant move by incorporating the BONK token into its trading platform, thereby expanding its <a href="https://coingape.com/glossary/cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrency</a> repertoire to include over 150 digital assets. This development opens up trading opportunities for users residing in the EU and other eligible countries, who can now seamlessly engage in BONK token transactions directly within the app’s interface. Additionally, Revolt is set to launch a Learn and Earn program, slated to commence on April 29th. This initiative aims to educate users about cryptocurrencies while providing them with opportunities to earn rewards.
Emphasizing the importance of offering a diverse range of <a href="https://coingape.com/glossary/token/" rel="noopener noreferrer nofollow">tokens</a>, Revolt underscores its commitment to establishing itself as a market-leading trading platform. By integrating BONK into its app, Revolt not only broadens its token selection but also enhances the overall trading experience for its users. The addition of BONK represents a strategic move by Revolt to cater to the evolving needs and preferences of its growing user base.
<h2 id="bonk-token-surges-amid-proposal-for-treasury-burn">BONK Token Surges Amid Proposal for Treasury Burn</h2>
On March 22nd, the BONK token witnessed a remarkable surge in value, <a href="https://coingape.com/what-is-behind-25-bonk-price-rally-key-levels-to-watch/amp/" rel="noopener noreferrer nofollow">soaring by 25%</a> amidst a broader rally observed in meme coins. This surge was fueled by a proposal advocating for a substantial treasury burn, proposing the elimination of 280 billion tokens. The proposal, which garnered attention from BONK DAO, the decentralized governance arm of Bonk, outlines plans to burn 278,393,137,215 BONK tokens. This figure represents 100% of the BONK tokens generated by BONK DAO through its revenue-sharing arrangement with BONKBot since late 2023.
The proposal for a treasury burn signals a significant shift in the tokenomics of BONK, with potential implications for its future price dynamics and market sentiment. Investors and enthusiasts closely monitor developments surrounding the implementation of this proposal, as it could have far-reaching implications for the token’s ecosystem and its stakeholders.
Also Read: <a href="https://coingape.com/mt-gox-starts-releasing-creditors-9-billion-worth-of-bitcoin-claims/" rel="noopener noreferrer nofollow">Mt. Gox Starts Releasing Creditors $9 Billion Worth of Bitcoin Claims</a>
<h2 id="current-state-of-bonk-token">Current State of BONK Token</h2>
At present, the <a href="https://coingape.com/price/bonk/" target="_blank" rel="noopener noreferrer nofollow">BONK</a>&nbsp;token is priced at $0.00002055, with a 24-hour trading volume amounting to $167,837,779. Over the past 24 hours, the token has experienced a decline of -2.67% in its value, demonstrating fluctuations within the cryptocurrency market.
Despite the recent decline, the live market capitalization of BONK token stands at an impressive $1,339,914,033, underscoring its position within the cryptocurrency market. As investors continue to monitor market trends and developments surrounding BONK, its performance remains subject to various factors, including market sentiment, technological advancements, and regulatory developments.
Also Read: <a href="https://coingape.com/venezuela-moves-oil-sales-to-tether-usdt-amid-us-sanctions/" rel="noopener noreferrer nofollow">Venezuela Moves Oil Sales to Tether (USDT) Amid US Sanctions</a>
The post <a href="https://coingape.com/bonk-unveils-major-listing-sparking-optimism-for-eu-users-whats-next/" rel="noopener noreferrer nofollow">BONK Unveils Major Listing Sparking Optimism For EU Users, What’s Next?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

BONK Unveils Major Listing Sparking Optimism For EU Users, What’s Next?

Tabla de contenidos

Coingape News Media

Otros artículos publicados el 23 abr 2024

IOTA Price Prediction 2024: Is IOTA DEAD? Should you buy IOTA in 2024?

Consumer Group Calls for Better Telecom Service

Recent Surge in Cryptocurrency Market and Impact on Meme Coins

Sam Bankman-Fried Signs Deal with Disgruntled FTX Investors, Will Aid Their Pursuit Of Celebrity ...

Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished

El Salvador: Hackers leak code of state Bitcoin wallet

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!