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🔥💥Is BONK Meme Coin About to Explode? — How Can New Listings Lead to Big Movement? In the dynamic world of crypto, all eyes are currently on the #memecoin Bonk (#BONK ), as exciting developments point to a potential explosion in its value. Is this the catalyst for the expected surge? A looming listing on another exchange courtesy of European banking fintech Revolut. Bonk's Journey to Prominence Bonk has embarked on a remarkable journey to stand out with major exchanges such as Binance and Coinbase, which added memecoin to their lists in November. This increased visibility and accessibility has contributed to Bonk's growing popularity among Decrypto enthusiasts. The latest twist in Bonk's story involves a game-changing move by European banking fintech Revolut, which has expressed its intention to list bonk on its platform. To sweeten the deal, Revolut plans to launch a $1.2 million campaign to educate its large user base about cryptocurrency. The proposal received significant support from BONK's governing council with eight yes votes exceeding the required quorum. Market Reaction and Analysis The announcement of a potential listing triggered a positive market reaction for Bonk. On February 14, memecoin experienced a remarkable 14% increase in its price, marking the second highest increase of the month. A daily time Decile chart analysis revealed that this increase pushed Bonk's Relative Strength Index (RSI) above 60, indicating that bullish sentiment among traders has increased. Although the price has seen a drop of over 4% at the time of writing, the prospect of a new listing continues to fuel speculation about further increases. Traders are particularly hopeful that additional user registrations resulting from the Revolut campaign will lead to increased October trading volume, providing a potential catalyst for an explosive movement in the value of Bonk. #Write2Earn #binance #BRC20

🔥💥Is BONK Meme Coin About to Explode? — How Can New Listings Lead to Big Movement?

In the dynamic world of crypto, all eyes are currently on the #memecoin Bonk (#BONK ), as exciting developments point to a potential explosion in its value. Is this the catalyst for the expected surge? A looming listing on another exchange courtesy of European banking fintech Revolut.

Bonk's Journey to Prominence

Bonk has embarked on a remarkable journey to stand out with major exchanges such as Binance and Coinbase, which added memecoin to their lists in November. This increased visibility and accessibility has contributed to Bonk's growing popularity among Decrypto enthusiasts.

The latest twist in Bonk's story involves a game-changing move by European banking fintech Revolut, which has expressed its intention to list bonk on its platform. To sweeten the deal, Revolut plans to launch a $1.2 million campaign to educate its large user base about cryptocurrency. The proposal received significant support from BONK's governing council with eight yes votes exceeding the required quorum.

Market Reaction and Analysis

The announcement of a potential listing triggered a positive market reaction for Bonk. On February 14, memecoin experienced a remarkable 14% increase in its price, marking the second highest increase of the month. A daily time Decile chart analysis revealed that this increase pushed Bonk's Relative Strength Index (RSI) above 60, indicating that bullish sentiment among traders has increased.

Although the price has seen a drop of over 4% at the time of writing, the prospect of a new listing continues to fuel speculation about further increases. Traders are particularly hopeful that additional user registrations resulting from the Revolut campaign will lead to increased October trading volume, providing a potential catalyst for an explosive movement in the value of Bonk.

#Write2Earn #binance #BRC20

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😱😱😱Will El Salvador Change Bitcoin Laws for IMF's $1.4 Billion Loan? #ElSalvador is seeking a $1.4 billion loan from the International Monetary Fund (IMF), and in return, the body wants the Central American country to revise its Bitcoin (#BTC ) law. El Salvador Loan Requests and IMF Request Loan negotiations have been ongoing for some time to help El Salvador urgently pay off its financial commitments and debt payments. In particular, the IMF's demand remained the same during this period: make a reform of the Salvadoran cryptocurrency law. However, El Salvadoran President Nayib Bukele has no plans to heed this request. The IMF's latest warning came through the Fund's Communications Director Julie Kozack, who spoke about the risks associated with BTC a few days ago. It seems that if El Salvador does not make the desired changes to the Bitcoin law, the Fund will not consider the $ 1.4 billion loan appeal This request from the IMF is not surprising, as the financial institution is especially against El Salvador regarding the use of BTC as a legal tender. The IMF decided to use the loan negotiation as another way to ask El Salvador to reconsider its Bitcoin stance. IMF Puts Pressure on El Salvador Over Bitcoin Adoption Since at least September 2021, the IMF has opposed El Salvador's use of the coin as a legal tender. The financial institution strongly believes that the use of this leading cryptocurrency poses a threat to financial stability and economic health, given its highly volatile nature. El Salvador's Vice President Felix Ulloa stressed the government's unwavering commitment and went so far as to cite the recent spot Bitcoin ETF approval from the US Securities and Exchange Commission (SEC) as an important factor. Considering how important the $ 1.4 Billion loan is for the Central American country and how important it holds its Bitcoin strategy, it is not yet clear whether El Salvador will bow to the IMF's request. #NayibBukele #binance
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