It appears every dog shall have its moon, as well as its day, as BONK—a meme coin on the Solana network that saw a huge jump in value earlier this week—rose even higher today, logging a more than 25% spike, according to CoinGecko.
The pump comes as Binance, the world’s largest cryptocurrency exchange, announced that it will be launching a BONK futures offering—1000BONK—along with one for PYTH, a decentralized finance (DeFI) network of oracles that made waves with a 255 million PYTH token air drop.
“Binance Futures will launch the USDⓈ-M 1000BONK and PYTH Perpetual Contracts at 2023-11-22 14:00 (UTC) and 2023-11-22 14:30 (UTC) respectively, with up to 50x leverage,” the company said, sharing details on both.
BONK is barely within the top 250 cryptocurrencies by market cap, which stands at $197 million as of this writing, trading at $0.00000459.
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Source: https://decrypt.co/207133/bonk-coin-token-solana-meme-coin-binance
