Bonk token is attracting attention today with a rise of more than 100% in the last 24 hours. The price jumped from US$0.000015 to US$0.00003416, setting a record high in history.
When this article was published, BONK was trading at US$0.00003117. The rise in value of the BONK token has pushed its market capitalization to two billion USD, ranking it 42nd by market capitalization, ahead of Mantle, Render, and AAVE.
One factor that may have triggered this latest increase is BONK's inclusion in spot trading on Binance. On December 15, Binance announced the opening of BONK trading with trading spot pairs, namely BONK/USDT, BONK/FDUSD, and BONK/TRY.
BONK LIST BINANCE
Starting December 16th, BONK withdrawals will be available, and the listing fee will be eliminated at 0 BNB. Additionally, Binance has plans to add BONK as a borrowable asset in its Isolated Margin program on December 17.
Although BONK has been listed on the Binance platform, users are reminded that this token carries higher risks and may experience high price volatility.
Binance emphasizes the importance of implementing careful risk management, conducting fundamental research regarding BONK, and understanding the project before deciding to trade. In addition to Binance, Coinbase has also incorporated BONK into its platform, providing additional support for the rise in value of this token.
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