Revolut to List Bonk, Distribute $1.2M of Meme Coin in 'Learn' Campaign (2024)

  • Revolut will become the latest mainstream crypto trading venue to list BONK, Solana's biggest meme coin.

  • The European fintech will also run a "learn" campaign that will distribute up to 93 billion BONK tokens to users.

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  • European banking fintech Revolut plans to list Solana's biggest meme coin Bonk and run a $1.2 million campaign to incentivize its users to learn about the cryptocurrency, according to a person familiar with the matter.

    The "learn" campaign plan still requires approval from BONK's governing council, which oversees the project's $100 million+ treasury of BONK tokens. At press time the approval vote had almost reached quorum with six of the council's 12 members voting in favor and none against. Participants expect it to pass.

    Revolut declined to comment.

    The listing is set to continue BONK's march into mainstream crypto trading venues after a searing end to 2023 that saw it increase 19,000% in price since Nov. 1, per CoinMarketCap. Coinbase, Binance and other top exchanges listed it during that time.

    BONK is a token launched by Solana blockchain enthusiasts in the aftermath of FTX's November 2022 implosion as a way to bring some cheer to the hurting ecosystem. It has since emerged as Solana's biggest meme coin that many applications built on Solana use as an incentive mechanism.

    Revolut, too, plans to distribute BONK to some of its users as a reward for their learning about BONK through the app.

    The proposal being voted on by BONK's council will automatically earmark 93 billion BONK tokens (worth $1.2 million) for the learn campaign, a person familiar with the plans said. The campaign aims to increase BONK's user base by 500,000, the proposal said.

    A contributor to BONK said the token's proponents have "lots in the works" to further spread the meme coin's adoption in the coming months.

    Edited by Nikhilesh De.

    Revolut to List Bonk, Distribute $1.2M of Meme Coin in 'Learn' Campaign (2024)

    FAQs

    Revolut to List Bonk, Distribute $1.2M of Meme Coin in 'Learn' Campaign? ›

    Bonk (BONK), the leading dog-themed Solana meme coin, has been one of the most successful projects in 2024. Its market capitulation reached an all-time high of $2.7 billion in May, and it appears to have solidified its position as one of the most recognized meme coins, along with DOGE, SHIB, and WIF.

    What is Bonk meme coin? ›

    Bonk (BONK), the leading dog-themed Solana meme coin, has been one of the most successful projects in 2024. Its market capitulation reached an all-time high of $2.7 billion in May, and it appears to have solidified its position as one of the most recognized meme coins, along with DOGE, SHIB, and WIF.

    Can you buy bonk on Revolut? ›

    Revolut has announced the addition of the Bonk (BONK) token to its trading platform. This move is good news for not only the Bonk coin but the community at large. Users in the EU and other eligible countries can now trade the Bonk meme coin from their Revolut app.

    Will Robinhood list Bonk? ›

    Robinhood Investors Can Now Buy Bonk, Pepe And 100s Of Meme Coins Via The Uniswap App. In this article: HOOD.

    Is it worth buying crypto on Revolut? ›

    High crypto fees. Although Revolut offers the ability to trade and purchase cryptocurrencies, many users will be priced out by the company's fees. Users on the Standard plan who want to buy cryptocurrency have to pay around 2.49% of the transaction value.

    How much is a bonk coin worth in dollars? ›

    1 BONK equals 0.000028 USD. The current value of 1 Bonk is -2.96% against the exchange rate to USD in the last 24 hours. ​ The current Bonk market cap is $1.86B.

    Will bonk coin reach $1 dollar? ›

    As of now, Bonk is trading at a fraction of a cent, and reaching $1 would represent an astronomical increase in value. To achieve such a milestone, Bonk would require several aligned factors, including massive adoption, widespread use cases, and significant market demand.

    Will bonk be listed on Coinbase? ›

    Bonk is currently available to buy on Coinbase's centralized exchange.

    Where can I sell my bonk token? ›

    While you can use a variety of different methods to sell your Bonk, most people find that crypto platforms like Kraken are the safest and easiest options.

    Which exchange is bonk listed? ›

    BONK tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Bonk is Toobit, where the most active trading pair BONK/USDT has a trading volume of. Other popular options include Binance and Bitunix.

    Where to invest in bonk? ›

    Coinbase is the most trusted place for people and businesses to buy, sell, and manage Bonk. It's quick and easy.

    What is bonk stock symbol? ›

    Bonk (BONK) USD Price.

    What is the price prediction for bonk? ›

    According to our current Bonk price prediction, the price of Bonk is predicted to rise by 223.23% and reach $ 0.00009574 by July 11, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 72 (Greed).

    How to make money with Revolut? ›

    One of the best ways to make money using Revolut is through affiliate marketing. Actually, it's one of the only ways you can make money with Revolut. When you become a Revolut affiliate, you can earn money from advertising instantly. If you want to partner with Revolut, you should go through a platform called Admitad.

    Do I own my crypto on Revolut? ›

    You will own the rights to the financial value of any cryptocurrency we buy for you. We will hold your cryptocurrencies on your behalf and you will have a right (called a 'beneficial right') to them. This means you can tell us when to sell or transfer it (within the limits of these terms and conditions).

    Can I trust Revolut? ›

    As an authorised financial institution compliant with Electronic Money Regulations, 100% of your main account balance is safeguarded.

    Is bonk a good coin to buy? ›

    Based on multiple technical quantitative indicators, the current forecast for Bonk in 2024 is bearish. This could be an indication that Bonk is a bad buy in 2024.

    What is bonk used for? ›

    BONK is a Solana-based dog meme coin with over 110 DeFi, gaming, developer, and exchange integrations, transforming from a quirky airdrop to select Solana holders into a viral memecoin spiking over 25,000% in a single year.

    What is the strongest meme coin? ›

    Top Meme Coins
    • Dogecoin (DOGE)
    • Shiba Inu (SHIB)
    • Pepe (PEPE)
    • Bone ShibaSwap (BONE)

    Which meme coin will reach $1? ›

    Dogeverse is our top pick of meme coins that could reach $1 next. The project is currently undergoing a presale, where it has enjoyed meteoric success, raising over $15 million. However, the presale will end in four days, and then Dogeverse will launch on exchanges.

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