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Bonk: Revolut’s Leap into Meme Coin Adoption

15 February 2024
in Crypto Updates
Reading Time: 4 mins read
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Revolut, a number one European banking fintech agency, is reportedly planning to record Bonk, the biggest meme coin linked to the Solana blockchain. Moreover, it plans to kick off a $1.2 million marketing campaign to encourage
cryptocurrency consciousness amongst its customers,, in line with an knowledgeable supply.

etoro: Expertise a dependable, user-friendly platform trusted by thousands and thousands. Keep forward within the crypto world. Board the Crypto Practice now!

The proposed “study”
marketing campaign awaits approval from Bonk’s governing council, accountable
for overseeing the venture’s treasury of Bonk tokens valued at over $100
million. The newest replace signifies that the approval vote is nearing quorum,
with six out of the council’s 12 members voting in favor and none opposing. It
is anticipated to cross, in line with members accustomed to the matter.

Initially conceived by Solana
blockchain lovers in response to FTX’s tumultuous occasions in November 2022,
Bonk has developed into Solana’s most distinguished meme coin, extensively utilized by
numerous platform functions as an incentive mechanism. Revolut intends
to allocate Bonk tokens to pick customers as rewards for partaking with the
cryptocurrency via its utility.

Bonk’s Council Considers $1.2
Million Allocation for Consumer Enlargement

The itemizing of Bonk on Revolut is poised to combine the cryptocurrency into mainstream buying and selling platforms,
following its exceptional surge in worth, skyrocketing 19,000% since November
1, 2023, in line with CoinMarketCap. Notably, high exchanges corresponding to Coinbase
and Binance already listed Bonk throughout that interval.

Preserve Studying

.@RevolutApp plans to record Solana’s high meme coin $BONK, persevering with its march into mainstream crypto buying and selling venues. https://t.co/E7hvLock12

— CoinDesk (@CoinDesk) February 15, 2024

The proposal into account
by Bonk’s council outlines the allocation of 93 billion Bonk tokens, equal
to $1.2 million, for the study marketing campaign, with the target of increasing Bonk’s
person base by 500,000 people, in line with a person accustomed to the
initiative.

Crypto Buying and selling Providers in New
Zealand with Study and Earn Program

Earlier, Finance Magnates reported that Revolut
launched crypto buying and selling companies in New Zealand. The initiative features a
‘Study and Earn’ program, offering free programs for crypto merchants, and
integration with Koinly for streamlined crypto tax submitting. The platform
gives over 100 digital currencies, together with main ones like Bitcoin, Ethereum,
and XRP. Nevertheless, it stays unclear whether or not prospects can switch their
holdings out of Revolut, just like the restrictions within the EU.

Revolut, a number one European banking fintech agency, is reportedly planning to record Bonk, the biggest meme coin linked to the Solana blockchain. Moreover, it plans to kick off a $1.2 million marketing campaign to encourage
cryptocurrency consciousness amongst its customers,, in line with an knowledgeable supply.

The proposed “study”
marketing campaign awaits approval from Bonk’s governing council, accountable
for overseeing the venture’s treasury of Bonk tokens valued at over $100
million. The newest replace signifies that the approval vote is nearing quorum,
with six out of the council’s 12 members voting in favor and none opposing. It
is anticipated to cross, in line with members accustomed to the matter.

etoro: Expertise a dependable, user-friendly platform trusted by thousands and thousands. Keep forward within the crypto world. Board the Crypto Practice now!

Initially conceived by Solana
blockchain lovers in response to FTX’s tumultuous occasions in November 2022,
Bonk has developed into Solana’s most distinguished meme coin, extensively utilized by
numerous platform functions as an incentive mechanism. Revolut intends
to allocate Bonk tokens to pick customers as rewards for partaking with the
cryptocurrency via its utility.

Bonk’s Council Considers $1.2
Million Allocation for Consumer Enlargement

The itemizing of Bonk on Revolut is poised to combine the cryptocurrency into mainstream buying and selling platforms,
following its exceptional surge in worth, skyrocketing 19,000% since November
1, 2023, in line with CoinMarketCap. Notably, high exchanges corresponding to Coinbase
and Binance already listed Bonk throughout that interval.

Preserve Studying

.@RevolutApp plans to record Solana’s high meme coin $BONK, persevering with its march into mainstream crypto buying and selling venues. https://t.co/E7hvLock12

— CoinDesk (@CoinDesk) February 15, 2024

The proposal into account
by Bonk’s council outlines the allocation of 93 billion Bonk tokens, equal
to $1.2 million, for the study marketing campaign, with the target of increasing Bonk’s
person base by 500,000 people, in line with a person accustomed to the
initiative.

Crypto Buying and selling Providers in New
Zealand with Study and Earn Program

Earlier, Finance Magnates reported that Revolut
launched crypto buying and selling companies in New Zealand. The initiative features a
‘Study and Earn’ program, offering free programs for crypto merchants, and
integration with Koinly for streamlined crypto tax submitting. The platform
gives over 100 digital currencies, together with main ones like Bitcoin, Ethereum,
and XRP. Nevertheless, it stays unclear whether or not prospects can switch their
holdings out of Revolut, just like the restrictions within the EU.



Source link

Tags: AdoptionBonkCoinLeapMemeRevoluts
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