Bonk (BONK) saw a 7% price jump after news of its listing on Bithumb, South Korea’s second-largest crypto exchange. Bithumb will add Bonk (BONK) and Zeta Chain (ZETA) to the Korean won market on May 16.
The anticipation of this listing has already boosted trading and excitement in the market, highlighting how listings on major exchanges can affect crypto prices. This move is expected to increase BONK’s visibility and attract more investors.
Bithumb Listing Boosts Bonk (BONK) and Zeta Chain (ZETA)
Bithumb, the second-largest cryptocurrency exchange in South Korea, will start trading for Bonk (BONK) and Zeta Chain (ZETA) in the Korean won market on May 16. BONK trading begins at 17:00, followed by ZETA at 18:00. This news has excited investors, causing BONK’s price to surge. The initial price for BONK’s listing is set at 0.0336 won, and 20 deposit confirmations are needed.
Today, Bonk (BONK) has seen its price jump to $0.00002592, with a significant 24-hour trading volume of $334.2 million. This marks a 6.87% price increase over the last day and a 7.19% increase over the past week. The listing on Bithumb, a major exchange in South Korea, has greatly boosted BONK’s visibility and trading activity. This not only improves BONK’s liquidity but also attracts new investors, contributing to its rising price.
BONK Sees Positive Reception and Growth Potential
With 66 trillion BONK in circulation, the cryptocurrency’s market cap is now $1.7 billion. Over the past 24 hours, the open interest in BONK has surged by more than 30.60%, reaching a value of over $8.4 million. Additionally, the Relative Strength Index (RSI) stands at 67.53%, indicating strong buying pressure and bullish sentiment.
The significant price increase after Bithumb’s listing shows that the market is responding positively, suggesting further growth potential. BONK’s listing on a major exchange like Bithumb is expected to boost investor confidence and encourage more people to adopt it. With Bithumb’s increased accessibility, we may see sustained interest and higher trading volumes for BONK.
All these developments and investor interest suggest a bright future for BONK, with possibilities of its price rising further and the market expanding. As BONK continues to gain attention and establish itself in the cryptocurrency world, the outlook remains optimistic for its continued growth and success.
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