Coinbase Hype Still Fresh: Can BONK Hold Onto Its Gains With Binance Debut?
Coinbase recently listed a new token, BONK.
Post-listing, BONK experienced a 60% surge, reaching an all-time high.
Binance accordingly announced plans to list BONK, with spot trading pairs set to go live on December 15, 2023, at 08:00 (UTC).
Coinbase, one of the leading cryptocurrency exchanges, recently announced the listing of a new token, BONK. Following the listing, the price of BONK witnessed a 60% surge, hitting an all-time high. Additionally, Binance, another major player in the crypto space, swiftly followed suit, revealing its plans to list BONK, accompanied by a Seed Tag.
Binance will list spot trading pairs BONK/USDT, BONK/FDUSD, and BONK/TRY are set to go live on December 15, 2023, at 08:00 (UTC). This move comes as Binance acknowledges the growing popularity and demand for BONK in the crypto market.
#Binance will list @bonk_inu $BONK with Seed Tag applied. 👉 https://t.co/BVs6KjrRvK pic.twitter.com/AKB6mlwnkL
— Binance (@binance) December 15, 2023
The mere announcement of Binance’s listing propelled BONK’s price to surge by an impressive 115%. Zooming out to a 30-day analysis, BONK has recorded an 1100% increase, underscoring the fervor surrounding this relatively new Solana-based meme coin.
Despite the excitement, Binance issued a cautionary statement regarding BONK, stating that BONK is a new and innovative token, implying a higher-than-normal risk level. Traders are advised to exercise sufficient risk management, conduct thorough research on BONK’s fundamentals, and gain a comprehensive understanding of the project before engaging in trading activities.
The introduction of a Seed Tag by Binance signifies that BONK is considered an innovative project, potentially exhibiting more volatility and risks compared to other tokens on the exchange.
With BONK set to make its debut on Binance, traders can expect heightened volatility. BONK is trading at $0.00002952 at press time, surging from a 24-hour low of $0.00001392, according to data from CoinGecko. The meme coin has reportedly breached the $0.00003 price level.
The post Coinbase Hype Still Fresh: Can BONK Hold Onto Its Gains with Binance Debut? appeared first on Coin Edition.
A few months ago, I made a bold decision: I sold my car for $10,000 and invested the entire amount into $PEPE, the cryptocurrency making waves across social media and investment forums. Here’s how it went.
The Big Decision
Selling my car wasn’t easy, but the buzz around $PEPE was impossible to ignore. The active community, viral memes, and promises of massive returns made it seem like a once-in-a-lifetime opportunity.
The Investment
I went all in at the peak of the hype. For a brief moment, it felt like I had made the right choice—my portfolio surged, and I started envisioning financial freedom.
The Crash
However, the crypto market is unpredictable. Before I knew it, $PEPE’s value plummeted, and my investment was cut in half. It was a harsh wake-up call.
Lessons Learned
This experience taught me several valuable lessons about investing:
Diversify – Never put all your money into one asset.
Do Your Research – Hype is not a reliable investment strategy.
Plan Ahead – Establish clear exit strategies and stop-loss levels to manage risks.
Moving Forward
Although I lost my car, I gained invaluable knowledge about the world of crypto investing. Now, I approach investments cautiously, diversify my portfolio, and keep emotions out of my decisions.
What would you have done in my situation? Let me know your thoughts. And remember, while crypto can be exciting, it’s important to invest wisely and always be prepared for the risks.
you are very silly 🤣🤣. $PEPE is the king 👑. you want them to fill up your comments section
Reaz Chowdhury
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$PEPE It's a scam coin. its only eat our money. where the market speculation was it will go pass 0.00005+ in this January and maybe remove one zero from its rate but its now gaining one more zero and going under 0.00001.where are those who was think its gone 0.1 or 1$
$PEPE we are one, the three rulers of the universe and crypto market . ELON MUSk ruler of Mars $PEPE King of Meme TRUMP the President Elect of the United States.
brother. your false narratives about Elon Musk hypin #PEPE is wrong. the frog having been moving successfully since 2023 before now. keep that to the trash can
Mary Weinburg 876
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Bearish
📈 Never Trust Influencers Claiming PEPE Will Reach $1 Just Because Elon Musk Is Supporting It
Before believing such hype, it’s essential to evaluate two critical factors: 1. Market Cap 2. Total Supply
The total supply of PEPE tokens is 420,690,000,000,000. Here’s how they’re allocated: • Liquidity Pool: 93.1% of the total supply is locked in the liquidity pool. The LP tokens associated with this allocation have been burned, ensuring they can’t be recovered or tampered with. • Multi-Signature Wallet: The remaining 6.9% is stored in a multi-signature wallet. This portion is reserved for strategic purposes, including centralized exchange listings, building bridges, and providing liquidity for future use.
Always analyze the numbers and tokenomics before making investment decisions. Avoid being misled by baseless claims!#pepe $PEPE
#pepe⚡ value is because the frog jump have occuring before Elon Musk hype . no one should make you loose hope on the meme . because without Elon Musk $PEPE ATH is certain