Upbit, the largest cryptocurrency exchange in South Korea, has just announced the decision to list the memecoin BONK.
The Upbit cryptocurrency exchange in South Korea has just announced on its official website that it will list the BONK/USDT trading pair on the spot market on October 22 at 6:00 PM Korean time.
Immediately after, this token received a positive market reaction and surged 6%.
Upbit is one of the largest cryptocurrency exchanges in South Korea, with a 24-hour trading volume of $1.1 billion. Whenever tokens are listed on the Upbit exchange, their prices usually see positive movements afterwards, such as AXL, ID, GLMR, STG, BCH, BLUR, MINA...
Bonk is the first "dog-cat" Meme project on the Solana Blockchain, launched at the end of 2022. The goal of BONK is to support the community and attract users back to the Solana platform. The emergence of BONK occurred in the context of the Solana ecosystem being heavily impacted by the collapse of FTX and Alameda Research, leading to a loss of investor confidence and a significant decline in the price of Solana in 2022.
