Whale Moves 308B BONK Tokens to Coinbase Before Big Burn Event
Release: 2024/11/26 03:40 Reading: 669
Whale Transfers Billions of BONK Tokens to Coinbase
On April 24, 2024, a cryptocurrency whale transferred 308.166 billion BONK tokens to Coinbase, fueling interest in the meme coin. This transaction, analyzed by Wu Blockchain, highlights the whale's gradual accumulation of BONK tokens since December 2023.
BURNmas Event to Reduce BONK Supply
The BONK community is eagerly anticipating BURNmas, a campaign aiming to burn 1 trillion BONK tokens by December 24, 2024. Initiated on November 15, 2024, BURNmas encourages participation through various activities, including social media posts (1,000 tokens burned per #LetsBONK post) and new followers on BONK's social media accounts (10,000 tokens burned per follower).
Sustained Growth Initiatives for BONK
Beyond the BURNmas event, BONK's path towards sustainable growth involves:
- Watching its cartoon series
- Engaging with GameFi platforms like Moonwalk Fitness (50,000 tokens burned per transaction)
- Trading on BONK.LIVE and Saturnbot (tokens burned with each transaction)
Surge in BONK's Value
BONK's price has witnessed a remarkable surge, climbing 34% over the past week and 131.3% this month. This rise has garnered significant investor interest, who are monitoring its performance closely as the BURNmas event progresses.
Challenges for BONK's Long-Term Growth
While BONK's recent rally has generated excitement, its long-term potential faces obstacles. To achieve a $1 value, BONK would require a growth of over 20,000%, surpassing the current cryptocurrency market cap of $1.3 trillion. Meme tokens like BONK face the challenge of sustaining growth due to their often short-term popularity and lack of utility.
The article "Whale Moves 308B BONK Tokens to Coinbase Before Big Burn Event" originally appeared on Crypto News Land.
Recent news
More>- 6 Best Cheap Crypto to Buy Now Under 1 Dollar November 25 – Arbitrum, Mina, Chiliz, Theta Fuel 11-26
- Pepe and Shiba Inu Face Strong Bearish Pressure: Is the Memecoin Market Losing Momentum? 11-26
- Meme coin prices dip; traders move to $40M Pepe Unchained ICO for massive potential gains 11-26
- Whale Moves 308B BONK Tokens to Coinbase Before Big Burn Event 11-26
- Why BTFD Coin, Pepe Coin, and Bonk Coin Are Top Meme Coins 11-26
- Missed the Pepe Coin Frenzy? This New Best Meme Coin is Here to Realise Your Dreams 11-26
- From Underdog to Top Dog: This Solana-Based Token Could Outperform Pepe by 100x This Year! 11-26
- Top 5 Crypto That Have Surpassed Their ATH In Recent Days! 11-26
- Best Wallet Soars Past $1M In Private Sale As Public Presale Starts Today For Web3 Wallet Built For 2024 Bull Run 11-26
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com