Following the announcement, prices significantly recovered, almost completely erasing last week’s losses. BONK was traded at $0.000014 on Thursday morning, accompanied by a substantial trading volume exceeding $235 million
BONK, a trending meme coin on the Solana network, got a big boost! On the last day, it went up by 40% because Coinbase, a popular exchange, shared that they’ll start trading BONK on Thursday. This makes BONK the third-largest Meme coin on Coinbase, after dogecoin (DOGE) and Shiba Inu (SHIB).
“In an announcement on Wednesday, the exchange mentioned, ‘Trading on our BONK-USD trading pairs will be launched in phases once there’s enough supply of this asset. It is worth mentioning here that support for BONK may be limited in certain supported jurisdictions.”
Bonk is Listed on Coinbase
When Coinbase adds new tokens, their prices often go up for a little while. Coinbase is picky about the tokens it supports, so when a token gets listed, it makes the project look more legitimate to traders.
Last December, the tokens were released following Sam Bankman-Fried’s decline, causing a notable decline in sentiment for the Solana ecosystem. During that time, as a prominent supporter of the network, Bankman-Fried’s setback had a significant impact.
Although originally conceived as a meme coin, bonk gained rapid popularity within the Solana ecosystem. Numerous Solana projects embraced the token, incorporating it for transactions related to non-fungible tokens (NFTs). Additionally, some projects implemented “burn” mechanisms tied to NFT-based events in the weeks following its launch.
Bonk comprises a collective of 22 individuals, devoid of a single leader, all actively engaged in the project’s initiation, as disclosed by one of the numerous developers to CoinDesk. Prior to this, the team successfully developed decentralized applications (Dapps), non-fungible tokens (NFTs), and various other interconnected products on the Solana blockchain.
As Bonk operates collectively with a team of 22 individuals, GameFi Crypto Pikamoon is also making waves in the crypto world. They recently raised more than $4.35 million in their initial coin offering (ICO), where people quickly bought their new cryptocurrency.
What’s exciting about Pikamoon is its Play-to-Earn (P2E) initiative, which is drawing a lot of attention from investors. One of the reasons it’s so popular is because it has cute creatures that look like Pokemon, adding an extra layer of fun to the investment.
Pikamoon is on track to stand out as a leading gaming cryptocurrency in the year 2023, all thanks to its distinct Play-to-Earn (P2E) idea.
➖Pikamoon Vs. The Sandbox ➖
Pre-Sale comparison 😎
– Investment raised
– Community
– Developers
– Partners & Team
– Market Capitalisation & Token
– The OpportunityThread 🧵 Don’t miss this ↙️ pic.twitter.com/3lIMUuFOt4
— Pikamoon (@PikaMoonCoin) November 3, 2023
Gaming Experience Fused with Fortnite Vibes and Pokémon Inspiration
Pikamoon draws inspiration from the captivating visual style of Fortnite. Picture vibrant colors and lively 3D animations, evoking a cartoon charm that resonates with the whimsy of Disney.
Each setting possesses its own individual charm, thanks to a cohesive artistic style that binds them together. According to the project’s whitepaper, every location in the beta versions boasts a distinct characters influenced by its surroundings. The goal of this approach is to offer players an immersive environment that enhances their overall gaming experience.
Victorious Players to Earn $PIKA Rewards in the Battle Arena
Winning battles earns players the native Pikamoon token, $PIKA, serving as the gateway to the marketplace. This versatile token unlocks a range of items, including hoverboards, traveler cards, boosters, goodies, healing supplies, capturing gadgets, and more.
$PIKA, a deflationary cryptocurrency, stands out as a GameFi coin, combining tangible value with practicality. In the presale, 30% of the 50 billion tokens in circulation have been earmarked. The distribution of the remaining tokens is strategically structured:
- 7.5% contributes to the liquidity pool
- 12.5% is allocated to the team and advisors
- 10% is reserved for staking rewards
- Ecosystem development claims the largest share at 32% of the total supply
- Marketing initiatives are supported by 8% of the overall token allocation.
Pikamoon has introduced a 2.5% transaction fee on sell orders and transfers. It’s worth noting that there isn’t a corresponding “buy tax” on $PIKA.
The developers’ rationale behind this decision is twofold: to discourage users from exiting the Pikamoon ecosystem and to incentivize and reward token holders. Of the total transaction tax, 0.5% is systematically burned to control the supply of $PIKA, with 1% allocated to marketing efforts and another 1% dedicated to supporting ecosystem development.
Pikamoon’s Meteoric $4.35 Million Raise Unveils Anticipated Listing Price
Surpassing the $4 million milestone, Pikamoon has soared to an impressive $4.25 million, demonstrating resilience even amid a slower start influenced by the broader economic climate for cryptocurrencies. The growing interest in this unique token indicates a surge in investor enthusiasm. These developments pave the way for a potential skyrocketing of the token’s price upon its launch on cryptocurrency platforms.
The presale for this token is underway, featuring a predetermined listing price of $0.0007. Don’t miss out on the opportunity to participate and reap the benefits of this exclusive Play-to-Earn (P2E) project – head over to pikamoon.io.
Find out more about Pikamoon (PIKA):
