The post Solana’s BONK to List on American Exchange Coinbase as Bonk Price Surges 8% appeared on BitcoinEthereumNews.com.

Reacting to Coinbase’s announcement, BONK quickly took to its heels, gaining nearly 8% in value to reach $0.00001132. Solana-based memecoin Bonk (BONK) is set to be listed on Coinbase, a major US-based cryptocurrency exchange. This was revealed in an announcement by the exchange on Wednesday as it unveiled its listing roadmap via a blog post. According to Coinbase’s statement, it will henceforth use blogposts such as the latest one, to announce every asset listing decision. This is aimed at increasing transparency by providing some sort of information balance, the platform says. Coinbase also seized the opportunity to warn users against rushing to deposit these experimental assets. The exchange instructed them to wait until they got an official announcement about a full listing before attempting to do so. It says that the instruction is to help users avoid a potential permanent loss of their funds. Recall that Coinbase has recently drawn up a new policy that is aimed at customer protection. It introduced an “Experimental” tag, that applies to assets that are just listed or those with rather low trading volumes. At the time, Coinbase explained that it aims to use the tag as a cautionary indicator to users. That is to let them know that the assets have only been recently launched and are still in their infancy. So, it will come as no shock that some assets mentioned in the roadmap may be listed with the cautionary tag. Even BONK is expected to have the tag. BONK Surge Continues Reacting to Coinbase’s announcement, BONK quickly took to its heels, gaining nearly 8% in value to reach $0.00001132. It is worth noting, however, that the dog-themed token has been experiencing a massive boom in recent times. Other similar tokens such as DOGE and SHIB are also seeing significant gains, but…

---

Filed under: News - @ December 13, 2023 10:14 pm