The latest news about Bonk ($BONK ) includes several significant updates:
1. **Token Burn**: The Bonk DAO has approved a historic burn of 278 billion BONK tokens. This initiative aims to create scarcity and potentially increase the token's value by reducing the total supply. The decision received overwhelming support from the community, with 99.9% of participating holders voting in favor.
2. **Price Activity**: Bonk has recently experienced significant price fluctuations, with a notable 28% increase over two weeks followed by a 15% drop overnight. This volatility reflects broader trends in the cryptocurrency market.
3. **Revolut Listing**: Bonk is set to be listed on Revolut, with plans to distribute $1.2 million worth of the meme coin as part of a 'Learn' campaign. This initiative aims to increase Bonk's user base by 500,000, potentially boosting its popularity and adoption.
These developments highlight the dynamic nature of Bonk's market presence and the active engagement of its community in shaping its future.
